>>> Europe : Brokers Upgrades & Downgrades - 17th of November 2021

>>> Up
* Diageo PT Raised to 4,800 pence from 4,200 pence at Jefferies
* Ferrari PT Raised to $350 from $265 at Morgan Stanley
* NetGem Raised to Outperform at Oddo BHF; PT 2 euros
* Paradox Interactive Raised to Buy at Carnegie; PT 155 kronor
* Richemont Raised to Buy at Stifel; PT 165 Swiss francs
* Salzgitter Raised to Add at AlphaValue/Baader
* Sbanken Raised to Buy at ABG; PT 104.45 kroner
* Sixt Raised to Buy at Jefferies on Pricing, Travel Recovery

>>> Down
* Autoliv GDRs Cut to Hold at Carnegie; PT 1,050 kronor
* Ahold Delhaize Cut to Hold at SocGen; PT 32 euros
* Deutsche PBB Cut to Sell at Citi; PT 9.50 euros
* Swedish Match Cut to Hold at Handelsbanken; PT 72 kronor

>>> Initiation
* Atrium European Reinstated Hold at HSBC; PT 3.63 euros
* Emerson Electric Rated New Buy at Loop Capital; PT $124
* Home24 Rated New Buy at Jefferies; PT 23 euros
* Rockwell Automation Rated New Hold at Loop Capital; PT $315
* Shurgard Rated New Buy at Berenberg; PT 62 euros
* Stabilus Rated New Buy at SRH AlsterResearch; PT 75 euros
* Technip Energies Rated New Buy at Fearnley; PT 21 euros
* Voltalia Rated New Buy at Grupo Santander; PT 24 euros
* Vow Green Metals Rated New Buy at Pareto Securities; PT 9 kroner
* Westwing Rated New Buy at Jefferies; PT 45 euros

>>> Call
* Aedifica Gets Street-High PT at Citi on Undervalued Prospects
* Pfandbriefbank Double Downgraded at Citi, Aareal Remains a Buy
* Marks & Spencer Cut at Jefferies With Scope for Upside Limited
* Julius Baer ‘Cautious’ on China Equities, Favors Yuan and Bonds
* Shurgard New Buy at Berenberg on Opportunities to Scale Business
* VW Cut to Underperform at Exane on Intensifying EV Competition