>>> Europe : Brokers Upgrades & Downgrades - 19th of January 2022

>>> Up
* ABB Raised to Outperform at RBC; PT 41 Swiss francs
* CareTech Raised to Buy at HSBC; PT 750 pence
* Commerzbank Raised to Buy at Deutsche Bank; PT 10 euros
* DKSH Raised to Buy at Stifel; PT 90 Swiss francs
* DNB Bank Raised to Buy at Deutsche Bank
* Eni Raised to Add at AlphaValue/Baader
* Exxon Raised to Sector Perform at RBC; PT $90
* Fuchs Petrolub Raised to Buy at Deutsche Bank; PT 50 euros
* Getinge Raised to Buy at Pareto Securities; PT 379 kronor
* Hexagon Raised to Buy at DNB Markets; PT 145 kronor
* Inditex Raised to Buy at Goldman; PT 37.50 euros
* Pandora Raised to Hold at Handelsbanken; PT 840 kroner
* Ryanair Raised to Buy at Liberum; PT 19 euros
* Segro Raised to Overweight at JPMorgan; PT 1,450 pence
* SFS Raised to Buy at Baader Helvea; PT 165 Swiss francs
* Siemens Gamesa Raised to Buy at Kepler Cheuvreux; PT 23 euros
* Siemens Healthineers Raised to Buy at SocGen; PT 75 euros
* Siltronic Raised to Buy at Jefferies; PT 160 euros
* Zurich Ins. Raised to Buy at Citi

>>> Down
* AB Dynamics Cut to Hold at Berenberg
* Activision Blizzard Cut to Neutral at Credit Suisse; PT $95
* Activision Blizzard Cut to Neutral at Baird; PT $95
* Allfunds Cut to Hold at HSBC; PT 16 euros
* Asos Cut to Neutral at Goldman; PT 2,750 pence
* EDF Cut to Underweight at JPMorgan; PT 7.60 euros
* Legal & General Cut to Neutral at Citi
* Metso Outotec Cut to Neutral at Credit Suisse; PT 10.50 euros
* NN Cut to Neutral at Citi
* Primary Health Cut to Hold at Panmure Gordon; PT 151 pence
* Safestore Cut to Hold at Panmure Gordon; PT 1,417 pence
* Schneider Electric Cut to Sector Perform at RBC; PT 175 euros
* Smiths Cut to Sector Perform at RBC; PT 1,675 pence
* Sparebank 1 Oestlandet Cut to Neutral at SpareBank
* SpareBank 1 Ringerike Hadeland Cut to Neutral at SpareBank
* Sparebanken More Cut to Neutral at SpareBank; PT 475 kroner
* Swiss Life Cut to Neutral at Citi

>>> Initiation
* Aalberts Rated New Buy at Jefferies; PT 72 euros
* Angle Rated New Buy at Jefferies; PT 185 pence
* Banco Santander Resumed Neutral at Citi; PT 3.30 euros
* Cofle Rated New Buy at TP ICAP Midcap; PT 24.30 euros
* Daimler Truck Rated New Buy at SocGen; PT 42 euros
* Penneo Rated New Hold at Carnegie; PT 19 kroner
* Schiehallion Fund Rated New Sell at Investec
* Wienerberger Rated New Outperform at Oddo BHF; PT 42 euros

>>> Call
* Aalberts Initiated Buy at Jefferies on Portfolio Optimization
* Airbus Top Aerospace Pick, Defense Names Attractive, MS Says
* Citi Prefers P&C in European Insurers, Cuts Swiss Life, L&G
* EDF Double-Downgraded at JPMorgan on Govt Decision, Shutdowns
* Richemont Beat May Lead to High-Single Digit EPS Upgrades: Citi
* Siltronic Upgraded to Buy at Jefferies on Attractive Entry Point