>>> Europe : Brokers Upgrades & Downgrades - 17th of April 2026

>>> Up
* Bossard Raised to Neutral at UBS; PT 156 Swiss francs
* Orsted Raised to Buy at SEB Equities; PT 190 kroner
* STMicro ADRs Raised to Outperform at Mizuho Securities

>>> Down
* Alstom Cut to Hold at Deutsche Bank; PT 23 euros
* Elisa Cut to Accumulate at Inderes; PT 44 euros
* HBX Group International Cut to Equal-Weight at Morgan Stanley
* Newmont Corp Cut to Sector Perform at National Bank; PT $130
* Norsk Hydro Cut to Equal-Weight at Morgan Stanley; PT 103 kroner
* NXP Semi Cut to Underperform at Mizuho Securities
* Taylor Wimpey Cut to Hold at Investec; PT 81 pence
* Terveystalo Cut to Reduce at Inderes; PT 9.30 euros

>>> Initiation
* Boeing Rated New Equal-Weight at Oxcap; PT $222
* Hensoldt Rated New Buy at Stifel; PT 90 euros
* MS International Rated New Corporate at Shore Capital
* Skanska Reinstated Buy at Deutsche Bank; PT 300 kronor

>>> Call