>>> Europe : Brokers Upgrades & Downgrades - 18th of October 2024 V3(++)

>>> Up
* Adidas Raised to Add at Baader Helvea; PT 238 euros
* Barry Callebaut Raised to Overweight at Morgan Stanley
* Dowlais Raised to Outperform at BNPP Exane (+)
* Econocom Raised to Neutral at Oddo BHF; PT 2.40 euros
* Fiera Milano Raised to Buy at Equita; PT 5 euros (+)
* Geberit Raised to Buy at Goldman; PT 598 Swiss francs
* Greencore Group Raised to Hold at Deutsche Bank (+)
* Lindt & Spruengli Raised to Equal-Weight at Morgan Stanley
* Nestle Raised to Outperform at RBC; PT 93 Swiss francs
* Netflix PT Raised to $780 from $625 at Bernstein (++)
* Netflix PT Raised to $925 from $900 at Pivotal (++)
* Nvidia PT Raised to $190 from $165 at BofA
* Raute Raised to Buy at Inderes; PT 16 euros
* Schindler Raised to Neutral at BofA (+)

>>> Down
* ABB Cut to Hold at DNB Markets; PT 52.58 Swiss francs (++)
* Anima Holding Cut to Accumulate at Banca Akros (++)
* Arjo Cut to Hold at Pareto Securities; PT 40 kronor
* Arjo Cut to Hold at DNB Markets; PT 40 kronor (++)
* Bellway Cut to Hold at Peel Hunt; PT 3,160 pence
* Boohoo Cut to Hold at Peel Hunt; PT 35 pence (+)
* Bunzl Cut to Neutral at Citi; PT 3,700 pence
* Cogelec SACA Cut to Hold at TP ICAP Midcap; PT 13.30 euros (+)
* Compass Group Cut to Hold at Deutsche Bank (+)
* Crayon Group Cut to Hold at ABG; PT 135 kroner
* Danone downgraded to Equal Weight from Overweight at Morgan Stanley (++)
* Gjensidige Cut to Reduce at HSBC; PT 175 kroner
* Goodtech Cut to Hold at Norne Securities; PT 14 kroner
* INWIT Cut to Neutral at Grupo Santander; PT 12.70 euros
* Netflix Cut to Neutral at Phillip Secs; PT $695 (++)
* Nokia Cut to Sell at Inderes; PT 3.30 euros
* Outokumpu Cut to Accumulate at OP Corporate Bank; PT 3.60 euros (++)
* PowerCell Cut to Hold at Pareto Securities; PT 43 kronor
* Ralph Lauren Cut to Sell at CFRA; PT $171
* Richemont Cut to Neutral at Goldman; PT 128 Swiss francs
* Royal Caribbean Cut to Hold at CFRA; PT $200
* Stratec Cut to Sell at Hauck & Aufhaeuser; PT 31 euros (+)
* SUSS MicroTec Cut to Hold at Stifel; PT 60 euros
* T-Mobile Cut to Sector Perform at Scotiabank; PT $236 (++)

>>> Initiation
* AA Tech Rated New Neutral at EnVent S.p.A.; PT 68 euro cents
* Ahold Delhaize Reinstated Outperform at BNPP Exane; PT 36 euros (++)
* Avolta AG Rated New Buy at Deutsche Bank
* Carrefour Reinstated Neutral at BNPP Exane; PT 15.50 euros (++)
* CF Industries Rated New Neutral at Redburn; PT $77
* Colruyt Reinstated Underperform at BNPP Exane; PT 38 euros (++)
* Giglio Rated New Outperform at EnVent S.p.A.; PT 2.41 euros
* JDE Peet's Reinstated Equal-Weight at Morgan Stanley
* J. Martins Reinstated Underperform at BNPP Exane; PT 15 euros (++)
* OCI Rated New Neutral at Redburn; PT 15 euros
* Prysmian Rated New Buy at William O'Neil (++)
* Sainsbury Reinstated Outperform at BNPP Exane; PT 340 pence (++)
* Yara Reinstated Sell at Redburn; PT 250 kroner

>>> Call
* Dowlais Upgraded at BNPP Exane on Potential Business Sale (+)
* Lindt, Barry Callebaut Raised at MS as Futures Show Lower Cocoa (+)
* Barry Callebaut, Lindt Gain; Morgan Stanley Hikes Recommendation (++)
* Nestle Lifted to Outperform at RBC on Encouraging CEO Comments (+)
* Northern Data Rises; Baader Says Reaffirmed Guidance a Positive
* Nvidia Target Hiked to $190 at BofA on Confidence in AI Lead
* Richemont Cut to Neutral at Goldman on Tough Macro Backdrop (++)
* SUSS MicroTec Plunges; Stifel Downgrades After ASML Outlook Cut (++)