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

>>> Up
* Enento Group Raised to Buy at SEB Equities; PT 19 euros
* flatexDEGIRO PT Raised to 17 euros from 14 euros at Jefferies
* Fraport Raised to Hold at Jefferies; PT 51 euros
* Hess Raised to Outperform at Bernstein
* Hilton Worldwide PT Raised to $260 from $240 at Argus
* Pandox Raised to Market Perform at Handelsbanken
* Scor Raised to Outperform at Mediobanca SpA; PT 25 euros
* Spirax Group PLC Raised to Hold at HSBC; PT 8,700 pence

>>> Down
* AFRY Cut to Hold at ABG; PT 210 kronor
* American Air Cut to Hold at TD Cowen; PT $10
* Balder Cut to Hold at Pareto Securities; PT 85 kronor
* CenterPoint Energy Cut to Equal-Weight at Morgan Stanley; PT $29
* Chevron Cut to Market Perform at Bernstein
* Demant Cut to Hold at Nordea; PT 332 kroner
* Fondia Cut to Reduce at Inderes; PT 7 euros
* Legal & General Cut to Sector Perform at RBC
* NKT Cut to Sell at Goldman; PT 501 kroner
* Norconsult Norge Cut to Hold at SEB Equities; PT 36 kroner
* Scor Cut to Equal-Weight at Morgan Stanley; PT 25 euros
* SolarEdge Cut to Sell at DZ Bank; PT $24

>>> Initiation
* CVC Capital Rated New Neutral at Autonomous; PT 18.70 euros
* Kendrion Rated New Outperform at Oddo BHF; PT 17 euros
* Schibsted Resumed Neutral at Citi; PT 351 kroner
* Siegfried Rated New Outperform at Oddo BHF

>>> Call
* Kendrion a Niche Market Leader, Initiated Outperform at Oddo BHF
* Legal & General Cut at RBC on Limited Scope for Outperformance
* Macy’s PT Cut at TD Cowen; Hold Rating Based on Execution Risk