>>> Europe : Brokers Upgrades & Downgrades - 17th of October 2023 V2(+)

>>> Up
* Airbus Raised to Buy at Jefferies; PT 150 euros
* Capricorn Energy Raised to Add at Peel Hunt; PT 250 pence (+)
* Fidelity National Raised to Outperform at Wolfe; PT $65
* Mondelez Raised to Outperform at BNPP Exane; PT $75 (+)
* SCA Raised to Hold at SEB Equities; PT 147 kronor
* Unieuro Raised to Buy at Banca Akros (ESN); PT 10 euros (+)
* Viasat Raised to Overweight at JPMorgan; PT $30

>>> Down
* FinecoBank Cut to Hold at Deutsche Bank; PT 13.90 euros (+)
* HSBC Cut to Sell at SocGen; PT 575 pence
* Italgas Raised to Buy at Deutsche Bank; PT 5.70 euros (+)
* Jupiter Cut to Hold at Numis; PT 88 pence (+)
* Munters Cut to Hold at Nordea
* UPM-Kymmene Cut to Hold at Jefferies; PT 35 euros

>>> Initiation
* Aena Rated New Buy at Equita; PT 177 euros (+)
* Amazon Rated New Buy at Stifel on Scale and Margin Upside
* Amgen Resumed Equal-Weight at Morgan Stanley; PT $300
* ASML Rated New Strong Buy at Raymond James
* Barry Callebaut Rated New Equal-Weight at Morgan Stanley
* Deutsche Boerse Resumed Equal-Weight at Morgan Stanley
* Freeport Reinstated Neutral at JPMorgan; PT $42
* Ivanhoe Electric/US Rated New Overweight at JPMorgan; PT $18
* Kemira Rated New Buy at DNB Markets; PT 21 euros
* KLA Corp Rated New Outperform at Raymond James
* Lindt & Spruengli Rated New Underweight at Morgan Stanley
* Stellantis Rated New Overweight at Barclays; PT 22.50 euros
* Surgical Science New Buy at Berenberg on Strong Positioning

>>> Call
* Airbus Raised at Jefferies on Operating Leverage, Buyback Scope
* Amgen Resumed Equal-Weight at MS Following Horizon Deal Close (+)
* ASML Rated Strong Buy at Raymond James, Applied Rated Outperform
* Deutsche Boerse Equal-Weight at Morgan Stanley, Earnings Subdued
* JPMorgan’s Kolanovic Says Buy Bonds, Gold as Stocks Face Risk
* Lindt Underweight, Barry Callebaut Equal-Weight: Morgan Stanley
* Moneysupermarket’s Insurance Segment Drives Beat, RBC Says (+)
* Stellantis Rated New Overweight at Barclays on Earnings Growth (+)
* Viasat Raised to Overweight at JPMorgan on Cost Discipline (+)