>>> Europe : Brokers Upgrades & Downgrades - 16th of August 2023

>>> Up
* Aallon Group Raised to Buy at Inderes; PT 12.50 euros
* Cloudberry Clean Energy Raised to Buy at DNB Markets
* Tritax Big Box Raised to Overweight at Barclays; PT 165 pence
* TT Electronics Raised to Buy at Peel Hunt; PT 240 pence

>>> Down
* Antofagasta Cut to Underperform at RBC; PT 1,200 pence
* Navamedic Cut to Neutral at SpareBank; PT 35 kroner
* Ponsse Cut to Sell at Inderes; PT 27.50 euros
* Ponsse Cut to Sell at Nordea; PT 29 euros
* Telefonica Deutschland Cut to Neutral at JPMorgan; PT 2.20 euros
* Segro Cut to Underweight at Barclays; PT 775 pence
* Vestum Cut to Hold at Danske Bank Markets; PT 9.80 kronor

>>> Initiation
* CAB Payments Rated New Equal-Weight at Barclays; PT 335 pence
* CAB Payments Rated New Overweight at JPMorgan; PT 320 pence
* Trainline Rated New Buy at Shore Capital; PT 320 pence

>>> Call