>>> Europe : Brokers Upgrades & Downgrades - 19th of April 2024 V2(+)

>>> Up
* Adidas PT Raised to 250 euros from 220 euros at Deutsche Bank (+)
* ASML PT Raised to 1,052 euros from 954 euros at HSBC
* Bank of America Raised to Outperform at Wolfe; PT $42
* Bureau Veritas Raised to Buy at Redburn; PT 34 euros
* Digital 9 Infrastructure/Fund Raised to Overweight at JPMorgan
* EDP Renovaveis Raised to Outperform at RBC; PT 16 euros
* First Solar Raised to Overweight at Wells Fargo; PT $250
* Indutrade Raised to Hold at ABG; PT 255 kronor
* Intertek Raised to Buy at Redburn; PT 6,000 pence
* Norsk Hydro Raised to Hold at Arctic Securities; PT 63 kroner (+)
* Royal Unibrew Raised to Buy at ABG; PT 520 kroner
* SocGen Raised to Buy at Intesa Sanpaolo; PT 30.80 euros (+)
* Suess MicroTec Raised to Buy at Stifel; PT 46 euros

>>> Down
* Almirall Raised to Neutral at Alantra Equities; PT 9.10 euros (+)
* ARM Holdings PLC ADRs Cut to Neutral at BNPP Exane; PT $100
* Aspocomp Group Cut to Reduce at Inderes; PT 3.30 euros
* Bakkafrost Cut to Hold at Nordea
* BBVA Cut to Neutral at Grupo Santander; PT 11.60 euros
* Befesa Cut to Underweight at Morgan Stanley; PT 30 euros
* BMW Cut to Neutral at Grupo Santander; PT 119.80 euros
* Delta Plus Cut to Reduce at IDMidcaps; PT 76 euros (+)
* DS Smith Cut to Hold at Numis; PT 415 pence
* Investor AB Cut to Hold at Pareto Securities; PT 280 kronor (+)
* Man Group Cut to Add at Numis; PT 300 pence (+)
* Netflix Cut to Hold at Canaccord; PT $585
* ON Semi Cut to Underperform at BNPP Exane; PT $55
* Rheinmetall Cut to Hold at Deutsche Bank; PT 510 euros
* SSAB Cut to Equal-Weight at Barclays; PT 72 kronor
* Talenom Cut to Accumulate at Inderes; PT 6.30 euros

>>> Initiation
* Avolta AG Rated New Outperform at Mediobanca SpA
* Barclays Rated New Buy at Peel Hunt; PT 245 pence
* Lloyds Rated New Hold at Peel Hunt; PT 55 pence
* NatWest Rated New Buy at Peel Hunt; PT 330 pence
* Sabadell Rated New Outperform at RBC; PT 1.90 euros

>>> Call