>>> Europe : Brokers Upgrades & Downgrades - 14th of November 2023 V2(+)

>>> Up
* Anglogold Raised to Hold at HSBC
* Continental Raised to Buy at Citi; PT 87 euros
* ICL Group Raised to Overweight at Barclays
* IMI Raised to Neutral at UBS; PT 1,555 pence (+)
* Informa Raised to Buy at Numis; PT 900 pence (+)
* Mosaic Raised to Overweight at Barclays
* Orsted Raised to Buy at Redburn; PT 480 kroner
* SBB Raised to Hold at DNB Markets; PT 3.10 kronor
* Vidrala Raised to Neutral at Citi; PT 75 euros

>>> Down
* AKVA Cut to Sell at Pareto Securities; PT 60 kroner
* AKVA Cut to Sell at Norne Securities; PT 70 kroner
* Bayer Cut to Hold at Deutsche Bank; PT 45 euros
* Beauty Health Cut to Underweight at JPMorgan
* CF Industries Cut to Underweight at Barclays
* Datalogic Cut to Hold at Intesa Sanpaolo; PT 6.50 euros (+)
* Entain Cut to Hold at Jefferies; PT 915 pence
* Kainos Cut to Hold at Numis; PT 1,050 pence (+)
* Lundbeck Cut to Equal-Weight at Barclays; PT 39 kroner
* Poujoulat Cut to Add at IDMidcaps; PT 21.50 euros (+)
* Reckitt Cut to Equal-Weight at Morgan Stanley; PT 6,000 pence
* SAES Getters Cut to Accumulate at Banca Akros (ESN); PT 39 euros (+)
* Unicaja Cut to Neutral at Oddo BHF; PT 1.30 euros

>>> Initiation
* AMD Rated New Buy at Roth MKM; PT $125
* Britvic Rated New Hold at Panmure Gordon; PT 890 pence
* Kambi Rated New Buy at DNB Markets; PT 250 kronor
* Lundbeck Rated New Underweight at Morgan Stanley; PT 36 kroner
* Marvell Technology Rated New Buy at Roth MKM; PT $60
* ON Semi Rated New Buy at Roth MKM; PT $75

>>> Call
* Bayer Facing Another Tough Year, Cut to Hold at Deutsche Bank (+)
* Continental Raised at Citi as Auto-Tech Margins Seen Expanding (+)
* Goldman’s Bell Sees Europe Stocks Up in 2024 as Economy Improves
* IHG Shares Now Fairly Valued, Downgraded to Hold at Berenberg
* Lundbeck Initiated at Underweight; Morgan Stanley Sees No Upside (+)
* M&G Cut to Sector Perform at RBC on Asset Management Headwinds
* Orion Raised to Hold at Jefferies on Higher Nubeqa Expectations
* PEP PW Raised to Neutral-Short Term Sell at Santander Biuro Maklerskie (+)