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

>>> Up
* Argenx ADRs Raised to Outperform at Baird; PT $460
* Cognor Holding SA Raised to Hold at Erste Group; PT 8.12 zloty
* Match Group Raised to Overweight at Barclays; PT $52
* Northern Ocean Raised to Buy at SpareBank; PT 15 kroner
* Pekao Raised to Accumulate at Erste Group; PT 101 zloty
* Roku Raised to Peerperform at Wolfe

>>> Down
* Akobo Minerals Cut to Neutral at SpareBank; PT 7 kroner

* Brenntag Cut to Neutral at JPMorgan; PT 83 euros
* GB Group Cut to Speculative Buy at Canaccord; PT 405 pence
* nCino Cut to Neutral at Piper Sandler; PT $22
* Qualtrics Cut to Neutral at Piper Sandler; PT $18.15
* Qualtrics Cut to Market Perform at JMP
* Red Electrica Cut to Sector Perform at RBC; PT 18.50 euros
* Seagen Cut to Market Perform at BMO; PT $229
* Seagen Cut to Market Perform at JMP
* Sino Cut to Add at Baader Helvea

>>> Initiation
* Amoeba SAS Rated New Corporate at Edison Investment Research
* Cipher Mining Rated New Overweight at Cantor; PT $3
* Estee Lauder Rated New Outperform at Cowen; PT $280
* Orsted Rated New Sell at DNB Markets; PT 470 kroner

>>> Call
* AT&S Cut to Hold at Jefferies to Await Visibility on Orders
* JPMorgan’s Kolanovic Cuts Equity Allocation on Recession Risks
* Red Electrica Downgraded at RBC on Lack of Inflation Adjustment