>>> Europe : Brokers Upgrades & Downgrades - 16th of June 2026 V2(+)

>>> Up
* Currys Raised to Outperform at RBC; PT 180 pence
* GEA Group Raised to Buy at Deutsche Bank; PT 70 euros
* Kinepolis PT Raised to 50 euros from 46 euros at Berenberg
* Palantir Raised to Peerperform at Wolfe
* Porsche Raised to Equal-Weight at Barclays; PT 50 euros

>>> Down
* Aperam Cut to Equal-Weight at Morgan Stanley; PT 52 euros
* Brenntag Cut to Hold at Deutsche Bank; PT 57 euros
* BW LPG Cut to Hold at Pareto Securities; PT 209 kroner
* Cyber Folks SA Reinstated Buy at Wood & Company; PT 219.10 zloty
* Frasers Group Cut to Underperform at RBC; PT 750 pence
* Huber+Suhner Cut to Hold at Berenberg; PT 250 Swiss francs
* Siegfried Cut to Neutral at UBS; PT 80 Swiss francs
* Vercom Reinstated Buy at Wood & Company; PT 150.50 zloty

>>> Initiation
* Alpha Bank Reinstated Overweight at Morgan Stanley
* Assa Abloy Rated New Outperform at RBC; PT 400 kronor
* Biogaia Rated New Neutral at SB1 Markets; PT 130 kronor
* Boliden Rated New Buy at Arctic Securities; PT 660 kronor
* Carasent Rated New Buy at SB1 Markets; PT 34 kronor
* ETE GA Reinstated Equal-Weight at Morgan Stanley; PT 17.20 euros
* Eurobank Reinstated Overweight at Morgan Stanley; PT 4.90 euros
* Kazatomprom GDRs Rated New Overweight at Morgan Stanley; PT $83
* Piraeus Bank Reinstated Overweight at Morgan Stanley

>>> Call
* Aperam Cut to Equal-Weight at Morgan Stanley After Re-Rating
* Assa Abloy a ‘Quality Bolt-On Compounder,’ New Outperform at RBC
* Currys Primed for Further Growth, Raised to Outperform at RBC
* Frasers Group Cut to Underperform at RBC; PT 750 pence
* GEA Group Raised to Buy at Deutsche Bank on Valuation Mismatch (+)
* Huber+Suhner Cut at Berenberg on Limited Valuation Upside