>>> Europe : Brokers Upgrades & Downgrades - 15th of April 2024

>>> Up

* Adidas Raised to Overweight at Morgan Stanley; PT 235 euros

* BRF ADRs Raised to Overweight at JPMorgan

* Eiffage Raised to Buy at Stifel; PT 125 euros

* Elia Group Raised to Neutral at Oddo BHF; PT 103 euros

* ISS Raised to Buy at Goldman; PT 160 kroner

* Klepierre Raised to Buy at Jefferies; PT 28 euros

* Leonardo PT Raised to 28.60 euros from 16.80 euros at Citi

* SSP Raised to Buy at Stifel; PT 265 pence

>>> Down

* Bakkafrost Cut to Neutral at SpareBank; PT 680 kroner

* BASF Cut to Underperform at BNPP Exane; PT 44 euros

* Beijer REF Cut to Hold at ABG; PT 165 kronor

* Elior Cut to Add at AlphaValue/Baader

* Ferrovial Cut to Hold at Stifel; PT 36.50 euros

* Ferrovial Cut to Underweight at JB Capital Markets

* Hochtief Cut to Hold at Stifel; PT 107 eurosok

* Logitech Cut to Underweight at Morgan Stanley
* Merck KGaA Cut to Add at AlphaValue/Baader

* Troax Cut to Hold at Nordea

* Wulff-Group Cut to Reduce at Inderes; PT 2.80 euros

>>> Initiation

* Coty Rated New Buy at Canaccord; PT $14

* Hilton Grand Vacations Rated New Overweight at JPMorgan; PT $59

* Las Vegas Sands Rated New Buy at Seaport Global Securities

* MGM Resorts Rated New Buy at Seaport Global Securities; PT $56
* Reddit Rated New Buy at Roth MKM; PT $50

* Reddit Rated New Equal-Weight at Morgan Stanley; PT $45

* Saipem Rated New Outperform at RBC; PT 3 euros

* Unity Software Rated New Buy at SPDB Intl HK; PT $31

* Wynn Resorts Rated New Neutral at Seaport Global Securities

>>> Call

* Adidas Double-Upgraded at Morgan Stanley as Sentiment Improves
* Lilly, Novo Euphoria Risks Disappointing Investors, Goldman Says

* Logitech Cut to Underweight at Morgan Stanley on Slower Growth

* Saipem New Outperform at RBC on Support From Strong Backlog

* SocGen Reiterates Call to Long S&P 500 and Avoid Russell 2000