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

>>> Up
* EasyJet Raised to Overweight at Morgan Stanley; PT 670 pence
* Rana Gruber Raised to Buy at Pareto Securities; PT 85 kroner
* Reply Raised to Buy at Quirin Privatbank AG; PT 117 euros
* SSE Raised to Outperform at BNPP Exane; PT 2,215 pence
* Voestalpine Raised to Accumulate at Erste Group; PT 30.50 euros
* Zalando Raised to Buy at Baader Helvea; PT 30 euros

>>> Down
* Akzo Nobel Cut to Hold at Jefferies; PT 72 euros
* BASF Cut to Underperform at Jefferies; PT 39 euros
* Better Collective Cut to Hold at ABG; PT 295 kronor
* Bonava Cut to Hold at Nordea
* Clariane SE Cut to Sell at AlphaValue/Baader
* Entain Cut to Neutral at BNPP Exane; PT 1,000 pence
* K+S Cut to Hold at Jefferies; PT 15 euros
* Orsted Cut to Hold at Jefferies; PT 340 kroner
* Remedy Entertainment Cut to Reduce at Inderes; PT 29 euros
* Tomra Cut to Equal-Weight at Barclays; PT 100 kroner
* Wizz Air Cut to Equal-Weight at Morgan Stanley; PT 2,400 pence

>>> Initiation
* *AHOLD, CARREFOUR & SAINSBURY INITIATED NEUTRAL AT GOLDMAN
* Genel Reinstated Hold at Jefferies; PT 95 pence
* Lem Rated New Buy at Berenberg; PT 2,380 Swiss francs
* Nemetschek Reinstated Buy at William O'Neil
* NIOX GROUP PLC Rated New Hold at Liberum; PT 62 pence
* Palantir Reinstated Buy at William O'Neil
* Sectra Rated New Buy at ABG; PT 180 kronor
* TESCO NEW BUY AT GOLDMAN, PT 350P
* Wacker Chemie Rated New Buy at Jefferies; PT 146 euros

>>> Call
* *AHOLD, CARREFOUR & SAINSBURY INITIATED NEUTRAL AT GOLDMAN
* EasyJet Raised, Wizz Air Cut at Morgan Stanley; Ryanair Top Pick
* Challenges in Europe Chemicals to Drive Consolidation: Jefferies