>>> Europe : Brokers Upgrades & Downgrades - 14th of June 2023

>>> Up
* Aston Martin Raised to Hold at Jefferies; PT 300 pence
* Estee Lauder Raised to Buy at President Capital Management
* Estee Lauder Raised to Buy at Berenberg; PT $243
* Ionos Raised to Overweight at Morgan Stanley; PT 17.50 euros

>>> Down
* Boliden Cut to Hold at DNB Markets; PT 376 kronor
* Boliden Cut to Hold at ABG; PT 340 kronor
* Chemours Cut to Sell at CFRA; PT $24
* CompuGroup Cut to Underweight at Morgan Stanley; PT 41 euros
* Nordea Bank Cut to Neutral at JPMorgan; PT 130 kronor
* Swedbank Cut to Neutral at JPMorgan; PT 205 kronor

>>> Initiation
* Air Products Rated New Buy at Citi; PT $317
* Albemarle Rated New Buy at Citi; PT $260
* Axalta Rated New Buy at Citi; PT $37
* Celanese Rated New Neutral at Citi; PT $119
* Dow Rated New Neutral at Citi; PT $53
* DuPont de Nemours Rated New Neutral at Citi; PT $72
* Eastman Chemical Rated New Buy at Citi; PT $91
* Ecolab Rated New Neutral at Citi; PT $179
* Harvia Rated New Hold at SEB Equities; PT 22 euros
* Porsche Automobil Rated New Buy at Berenberg; PT 76 euros
* SOL Rated New Neutral at Mediobanca SpA; PT 27.90 euros

>>> Call
* Aston Martin Raised as Now ‘Firmly in M&A Territory’: Jefferies
* CompuGroup Gets Only Sell as MS Sees Better Reward Elsewhere
* Estee Lauder Upgraded as Berenberg Keeps Faith in China Beauty
* Ionos Upgraded at Morgan Stanley on Secular, Defensive Growth