>>> Europe : Brokers Upgrades & Downgrades - 19th of January 2024

>>> Up
* Basler Raised to Buy at Berenberg; PT 14 euros
* Credit Agricole Raised to Equal-Weight at Morgan Stanley
* KBC Raised to Overweight at Morgan Stanley
* Kingspan Raised to Hold at Jefferies; PT 72.50 euros
* Leroy Raised to Overweight at Barclays; PT 55 kroner
* Lifco Raised to Buy at SEB Equities; PT 270 kronor
* Mowi Raised to Overweight at Barclays; PT 250 kroner
* OKEA Raised to Buy at Arctic Securities; PT 29 kroner
* Persimmon Raised to Overweight at Morgan Stanley; PT 1,685 pence
* Richemont Raised to Outperform at Grupo Santander
* Richemont Raised to Buy at SBG Securities; PT 136 Swiss francs
* Salmar Raised to Equal-Weight at Barclays; PT 600 kroner
* Teleperformance Raised to Buy at Stifel; PT 200 euros
* Webstep Raised to Buy at Arctic Securities; PT 26 kroner

>>> Down
* Corbion Cut to Sell at ING; PT 13.40 euros
* Efecte Cut to Reduce at Inderes; PT 15 euros
* Fabege Cut to Sell at ABG; PT 90 kronor
* Hertz Cut to Hold at Jefferies; PT $8
* Klarabo Sverige Cut to Hold at ABG; PT 17 kronor
* Meyer Burger Cut to Hold at Deutsche Bank; PT 0.11 Swiss francs
* Pandox Cut to Hold at ABG; PT 145 kronor
* Watches of Switzerland Cut to Hold at SocGen; PT 418 pence

>>> Initiation
* Ecoener Rated New Outperform at Oddo BHF; PT 5.90 euros
* Grenergy Renovables Rated New Buy at SocGen; PT 43.30 euros

>>> Call
* Citi Strategists See More Elections Impact on EM Stocks than DM