>>> Europe : Brokers Upgrades & Downgrades - 16th of February 2024 V2(+)

>>> Up
* Applied Materials Raised to Buy at Fubon; PT $215
* Delfingen Ind Raised to Buy at IDMidcaps; PT 56 euros (+)
* Fondia Raised to Buy at Inderes; PT 7.50 euros
* Huhtamaki Raised to Equal-Weight at Barclays; PT 40 euros
* Klarabo Sverige Raised to Buy at Handelsbanken (+)
* TietoEVRY Raised to Buy at Handelsbanken (+)
* Tomra Raised to Hold at ABG; PT 125 kroner
* Wihlborgs Raised to Buy at ABG; PT 95 kronor

>>> Down
* Aallon Group Cut to Accumulate at Inderes; PT 10 euros
* Alisa Pankki Oyj Cut to Sell at Inderes; PT 15 euro cents
* Also Cut to Hold at M.M. Warburg; PT 270 Swiss francs (+)
* Apetit Cut to Reduce at Inderes; PT 13.50 euros
* ARM Holdings PLC ADRs Cut to Neutral at Daiwa; PT $130
* Assystem Cut to Add at IDMidcaps; PT 56 euros (+)
* Close Brothers PT Cut to 425 pence from 1,100 pence at Berenberg
* Close Brothers PT Cut to 375 pence from 650 pence at RBC
* Deutsche PBB Cut to Hold at Pareto Securities; PT 4.50 euros
* Embracer Cut to Underweight at JPMorgan; PT 16 kronor
* EssilorLuxottica Cut to Hold at Stifel; PT 203 euros
* Kid ASA Cut to Hold at SEB Equities; PT 134 kroner
* Lemonsoft Cut to Reduce at Inderes; PT 6.40 euros
* Optomed Cut to Reduce at Inderes; PT 3.30 euros
* Peach Property Cut to Hold at M.M. Warburg; PT 11 Swiss francs (+)
* Plastic Omnium Raised to Buy at Stifel; PT 17 euros
* Raute Cut to Accumulate at Inderes; PT 12.50 euros
* Revenio Raised to Buy at SEB Equities; PT 33 euros
* Revenio Cut to Reduce at Inderes; PT 28 euros
* Stellantis Cut to Hold at Intesa Sanpaolo; PT $25.20 (+)
* Temenos Cut at Vontobel on Hindenburg Report; JB Reviews Rating (+)
* Tomra Cut to Sell at Pareto Securities; PT 90 kroner (+)

>>> Initiation
* Admiral Rated New Sector Perform at RBC; PT 2,600 pence
* Dowlais Rated New Overweight at Barclays; PT 110 pence
* Jumbo Reinstated Equal-Weight at Euroxx Securities (+)
* R&S Group Holding Rated New Buy at Octavian
* Sabre Insurance Rated New Outperform at RBC; PT 200 pence
* Sage Rated New Hold at Panmure Gordon; PT 1,125 pence

>>> Call
* Embracer Downgraded, PT Cut at JPMorgan on Structural Headwinds (+)
* Sabre Top UK Motor Insurance Pick at RBC, Admiral Sector Perform
* Sika’s Top-Line Guidance Slightly Light, Morgan Stanley Says
* Wihlborgs Beating the Competition, Upgraded to Buy at ABG