>>> Europe : Brokers Upgrades & Downgrades - 15th of February 2023 V2(+)

>>> Up
* Anima Holding Raised to Accumulate at Banca Akros (+)
* Brenntag Raised to Buy at Citi; PT 96 euros
* Coca-Cola HBC PT Raised to 2,800 pence at Jefferies
* Genmab Raised to Buy at Jyske Bank; PT 3,300 kroner (+)
* Heba Fastighets Raised to Hold at Handelsbanken
* K2A Raised to Hold at Kepler Cheuvreux; PT 17.50 kronor (+)
* Norma Raised to Buy at Hauck & Aufhaeuser; PT 40 euros (+)
* Norsk Hydro Raised to Hold at Nordea (+)
* Norwegian Air Raised to Buy at Pareto Securities; PT 15 kroner
* Nurminen Logistics Raised to Accumulate at Inderes (+)
* Pantheon Infrastructure Raised to Buy at Stifel (+)
* Thyssenkrupp Raised to Neutral at JPMorgan; PT 5.90 euros

>>> Down
* Banca IFIS Cut to Neutral at Banca Akros (+)
* Banca Generali Cut to Hold at Intesa Sanpaolo; PT 34.30 euros (+)
* Betsson Cut to Sell at ABG; PT 79 kronor
* FLEX LNG Cut to Hold at Fearnley; PT 365 kroner
* Glencore Cut to Add at AlphaValue/Baader (+)
* Lulu's Cut to Hold at Jefferies
* Mercialys Cut to Neutral at Oddo BHF; PT 11.20 euros (+)
* MFE Cut to Neutral at Banca Akros (+)
* Michelin Cut to Hold at HSBC; PT 29.50 euros

>>> Initiation
* Autoliv Rated New Equal-Weight at Barclays; PT $100
* Danone Rated New Buy at Bryan Garnier; PT 66 euros (+)
* Nestle Rated New Neutral at Bryan Garnier; PT 119 Swiss francs (+)
* Unilever Rated New Neutral at Bryan Garnier (+)

>>> Call
* Brenntag Upgraded at Citi on Re-Rating Scope From a Separation
* Jefferies More Cautious on US Apparel Outlook, Cuts Four Stocks
* Swiss Prime Raised at Baader, Seen Moving in Right Direction