>>> Europe : Brokers Upgrades & Downgrades - 16th of May 2024 V3(++)

>>> Up
* Allegro Raised to Buy at Pekao Investment Banking (++)
* Ceconomy Raised to Neutral at Oddo BHF; PT 2.60 euros
* H+H Raised to Buy at Nordea; PT 120 kroner
* Intel Raised to Peerperform at Wolfe (++)
* Norbit Raised to Buy at SpareBank; PT 75 kroner
* Storskogen Raised to Outperform at BNPP Exane (+)
* Stroeer Raised to Outperform at Oddo BHF; PT 100 euros
* Travis Perkins Raised to Overweight at Barclays; PT 1,050 pence
* Zalando Raised to Hold at Pekao Investment Banking; PT 27 euros (++)

>>> Down
* ABN Amro GDRs Cut to Underperform at BNPP Exane (+)
* AF Gruppen Cut to Hold at Kepler Cheuvreux; PT 145 kroner (++)
* Alkemy Cut to Neutral at Mediobanca SpA; PT 11 euros
* Avance Gas Cut to Hold at Pareto Securities; PT 195 kroner
* Bergman & Beving Cut to Hold at DNB Markets; PT 250 kronor (+)
* Care Property Invest NV Cut to Hold at Bank Degroof Petercam (++)
* ICE Fish Farm Cut to Hold at DNB Markets; PT 30 kroner
* IPC Cut to Hold at Jefferies; PT 140 kronor
* Jacquet Metals SACA Cut to Hold at Portzamparc; PT 20 euros (++)
* JCDecaux Cut to Neutral at Oddo BHF; PT 23 euros
* Knorr-Bremse Cut to Hold at Bankhaus Metzler; PT 77 euros (+)
* Leroy Cut to Hold at DNB Markets; PT 55 kroner (+)
* Marimekko Cut to Reduce at Inderes; PT 13 euros
* Neste Cut to Hold at SEB Equities; PT 21 euros
* Neste Cut to Accumulate at Inderes; PT 21.50 euros
* Neste Cut to Hold at Danske Bank Markets; PT 19.50 euros (++)
* Nokia Cut to Hold at Danske Bank Markets; PT 4 euros (++)
* Orthex Cut to Hold at Nordea
* Porsche AG Cut to Reduce at AlphaValue/Baader
* Salzgitter Cut to Hold at Bankhaus Metzler; PT 23.50 euros (+)
* Thyssenkrupp Nucera Cut to Neutral at Grupo Santander
* Verbund Cut to Sell at Citi; PT 62 euros
* Volue Cut to Hold at Arctic Securities; PT 34 kroner

>>> Initiation
* DKSH Rated New Outperform at Oddo BHF; PT 76 Swiss francs
* Domino's Pizza Group Rated New Sell at Redburn; PT 300 pence
* Ebusco Holding Rated New Buy at Bryan Garnier; PT 5.50 euros (+)
* eDreams ODIGEO Rated New Buy at Bestinver; PT 8.30 euros (+)
* Greencoat UK Wind Rated New Outperform at Peel Hunt (+)
* Greggs Rated New Buy at Redburn; PT 3,280 pence
* Ipsos Rated New Buy at Berenberg; PT 89 euros
* Scandinavian Enviro Systems Rated New Buy at Pareto Securities
* Sectra Rated New Hold at SEB Equities; PT 245 kronor
* TFF Group Rated New Buy at Portzamparc; PT 57 euros (+)

>>> Call
* ABN Amro Cut to Underperform at BNPP Exane on Weak Capital (++)
* Ceconomy Shares Soar as Oddo Upgrades, Sees Margin Improvement (++)
* Galapagos Gains as KBC Upgrades on Capacity Boost From BCA Deal (++)
* Ipsos Gains as Berenberg Gives New Buy Rating, Street High PT (++)
* Morgan Stanley Data Show Novo Is Most Well-Owned European Stock (+)
* Roche Obesity Drug’s Potential Is Hard to Predict, Vontobel Says (+)
* Storskogen Jumps as BNP Paribas Exane Upgrades to Outperform (++)
* Swiss Re 1Q Results Are Highly Reassuring, Jefferies Says (+)