>>> Europe : Brokers Upgrades & Downgrades - 18th of December 2023 V3(++)

>>> Up
* Deutsche Boerse Raised to Buy at UBS; PT 210 euros (++)
* Entain Raised to Buy at Jefferies; PT 1,215 pence
* Future PLC Raised to Hold at Canaccord; PT 660 pence (++)
* Merck KGaA Raised to Buy at HSBC; PT 170 euros (++)
* OCI Raised to Buy at Bank Degroof Petercam; PT 29 euros (++)
* Paragon Raised to Market Perform at KBW; PT 660 pence
* Porsche SE Raised to Buy at AlphaValue/Baader (+)
* Rexel PT Raised to 33 euros from 27 euros at Berenberg
* Sectra Raised to Hold at Carnegie
* Sunnova Energy Raised to Buy at Goldman; PT $17
* Taylor Wimpey Raised to Buy at UBS (++)

>>> Down
* Alpha Mos Cut to Neutral at Euroland Corporate; PT 1.20 euros (+)
* ARM Holdings PLC ADRs Cut to Hold at Deutsche Bank; PT $70
* Barratt Cut to Neutral at UBS (++)
* Bayer Cut to Reduce at HSBC; PT 25 euros (++)
* Berkeley Cut to Neutral at UBS (++)
* Clariant Cut to Sell at On Field; PT 13 Swiss francs (++)
* Coloplast Cut to Reduce at HSBC; PT 690 kroner (++)
* Demant Cut to Reduce at HSBC; PT 240 kroner (++)
* Getlink Cut to Reduce at AlphaValue/Baader
* HMS Networks Cut to Sell at DNB Markets; PT 455 kronor (++)
* Lagercrantz Cut to Hold at SEB Equities; PT 124 kronor
* Lamor Cut to Reduce at Inderes; PT 2.70 euros
* Landi Renzo Cut to Neutral at Banca Akros (+)
* Nokia Cut to Neutral at Goldman; PT 3.10 euros
* Nokia ADRs Cut to Neutral at Goldman; PT $3.40
* Nordnet Cut to Underweight at Barclays; PT 170 kronor
* Panostaja Cut to Reduce at Inderes; PT 50 euro cents
* Roku Cut to Sell at Seaport Global Securities; PT $75
* Sartorius Cut to Hold at HSBC; PT 300 euros (++)
* SolarEdge Cut to Sell at Goldman; PT $77
* SunPower Cut to Sell at Goldman; PT $4

>>> Initiation
* ABL Group ASA Rated New Buy at Pareto Securities; PT 17 kroner (+)
* Datrix Rated New Neutral at Mediobanca SpA; PT 2.40 euros (+)
* Kid ASA Rated New Buy at Kepler Cheuvreux; PT 132 kroner (+)
* Lanxess Cut to Sell at On Field; PT 26 euros (++)
* Presto Automation Rated New Hold at Jefferies; PT 62 cents
* Thule Rated New Sell at ABG; PT 250 kronor (++)
* Windward Rated New Buy at Panmure Gordon; PT 123 pence

>>> Call
* Entain Raised to Buy at Jefferies on Valuation, M&A Outlook (++)
* Goldman’s Kostin Hikes S&P 500 Target for 2024 Amid Dovish Fed
* Morgan Stanley’s Wilson Sees Positive Stock Signals on Fed Pivot
* Centrica Cut at Jefferies With Normalized Earnings Year Ahead
* Entain Raised to Buy at Jefferies on Valuation, M&A Outlook
* Fresnillo Cost Pressures See Morgan Stanley Cut to Underweight
* Nokia Downgraded at Goldman on Lower Confidence in Products (++)
* Nordnet Downgraded by Barclays; Citi Sees Risk to Estimates
* Novo Nordisk Is Intron’s 2024 Pharma Pick, Sanofi Raised to Buy
* Roku Cut to Sell at Seaport Global Securities on Growth Concerns (++)