>>> Europe : Brokers Upgrades & Downgrades - 17th of April 2024

>>> Up
* Akzo Nobel Raised to Buy at Jefferies; PT 79 euros
* AstraZeneca Raised to Buy at Intron Health
* B&S Group Raised to Buy at ING; PT 7.25 euros
* CLS Holdings Raised to Add at Peel Hunt
* Elkem Raised to Buy at SEB Equities; PT 24 kroner
* Enagas Raised to Hold at Bestinver; PT 15 euros
* Ericsson Raised to Buy at SEB Equities; PT 64 kronor
* Gjensidige Raised to Hold at SEB Equities; PT 175 kroner
* Kemira Raised to Buy at OP Corporate Bank; PT 21 euros
* Naturgy Raised to Buy at Mirabaud Securities; PT 27.80 euros
* Pennon Raised to Outperform at RBC; PT 850 pence
* Picton Property Income Ltd Raised to Buy at Peel Hunt
* Unibail Raised to Buy at Citi; PT 85.20 euros

>>> Down
* Haypp Group Cut to Hold at SEB Equities; PT 80 kronor
* SCA Cut to Underweight at JPMorgan; PT 142 kronor
* Tritax Big Box Cut to Hold at Peel Hunt
* VW Cut to Market Perform at Bernstein

>>> Initiation
* Bawag Rated New Outperform at Mediobanca SpA; PT 73 euros
* NIBE Industrier Rated New Sell at Goldman; PT 43 kronor
* Schott Pharma Rated New Hold at Stifel; PT 40 euros

>>> Call
* Akzo Nobel Upgraded at Jefferies on Topline Progress in Paints
* AstraZeneca’s Catalyst Outlook Transformed, Intron Upgrades
* Ericsson’s Outlook is Improving, Upgraded to Buy at SEB Equities
* Pennon Raised at RBC, Expects Clarity on Environmental Review
* Unibail Raised to Buy at Citi as Markets Hit New Stimulus Phase