>>> Europe : Brokers Upgrades & Downgrades - 16th of Oct. 2026

>>> Up
* ABN Amro GDRs Raised to Outperform at KBW; PT 50 euros
* Bank of Ireland Raised to Overweight at JPMorgan; PT 21.90 euros
* Bjorn Borg Raised to Buy at Inderes; PT 66 kronor
* Bytes Technology Raised to Neutral at BNP Paribas; PT 470 pence
* EchoStar Raised to Overweight at JPMorgan; PT $144
* ING Raised to Outperform at KBW; PT 37.50 euros
* Nestle Raised to Overweight at JPMorgan; PT 100 Swiss francs
* Verbio SE Raised to Buy at Jefferies; PT 42 euros

>>> Down
* AIB Group Cut to Neutral at JPMorgan; PT 12.20 euros
* Barrick Mining Cut to Neutral at CIBC; PT C$69.57
* Eastman Chemical Cut to Neutral at JPMorgan; PT $66
* FMC Corp Cut to Hold at Jefferies; PT $5
* Getlink downgraded to Hold from Buy at Kepler Cheuvreux
* GVS Cut to Neutral at Goldman; PT 6 euros
* Lloyds Cut to Sector Perform at RBC; PT 115 pence
* Siemens Cut to Hold at Jefferies; PT 300 euros
* Varonis Systems Cut to Neutral at DA Davidson; PT $49.75

>>> Initiation
* AJ Bell Rated New Hold at Peel Hunt; PT 625 pence
* Constellation Energy Rated New Outperform at CIBC; PT $358
* Cytokinetics Rated New Outperform at William Blair
* EBay Reinstated Buy at William O'Neil
* Humana Rated New Buy at William O'Neil
* Talen Energy Rated New Outperform at CIBC; PT $499
* Telecom Argentina ADRs Reinstated Outperform at Grupo Santander
* Vistra Corp Rated New Outperform at CIBC; PT $201

>>> Call