>>> Europe : Brokers Upgrades & Downgrades - 19th of October 2023 V2(+)

>>> Up
* Haypp Group Raised to Buy at Carnegie (+)
* Netflix Raised to Overweight at KeyBanc; PT $510
* Novo Nordisk Raised to Add at AlphaValue/Baader
* McBride Raised to Buy at Investec; PT 60 pence (+)
* Proximus Raised to Equal-Weight at Barclays; PT 10 euros
* Rovi PT Raised to 60 euros from 50.50 euros at Oddo BHF (+)
* Unity Software Raised to Hold at Jefferies; PT $27
* Universal Music Raised to Neutral at BNPP Exane; PT 23 euros (+)

>>> Down
* Barry Callebaut Cut to Underweight at Barclays
* Drone Volt SACA Cut to Neutral at Invest Securities SA (+)
* EasyJet Cut to Equal-Weight at Barclays; PT 415 pence
* GEA Group Cut to Neutral at Oddo BHF; PT 34 euros
* HMS Networks Cut to Sell at ABG; PT 310 kronor
* NFON AG Cut to Underweight at Barclays; PT 5 euros
* Kerry Group Cut to Equal-Weight at Barclays; PT 85 euros
* Kitron Cut to Neutral at SpareBank; PT 35 kroner
* Suedzucker Cut to Underweight at Barclays; PT 12 euros
* Tate & Lyle Cut to Equal-Weight at Barclays; PT 760 pence
* WithSecure Cut to Reduce at Inderes; PT 1 euro

>>> Initiation
* Chipotle Reinstated Buy at Deutsche Bank; PT $2,375
* CropEnergies Rated New Buy at Kepler Cheuvreux; PT 15 euros
* Domino's Pizza Reinstated Buy at Deutsche Bank; PT $430
* Eurotelesites Rated New Overweight at Barclays; PT 5 euros
* McDonald's Reinstated Buy at Deutsche Bank; PT $287
* Holmen Reinstated Hold at Kepler Cheuvreux; PT 460 kronor
* MercadoLibre Rated New Hold at Baptista Research; PT $1,386
* SCA Reinstated Buy at Kepler Cheuvreux; PT 180 kronor
* Starbucks Reinstated Buy at Deutsche Bank; PT $118
* Talanx Rated New Equal-Weight at Morgan Stanley; PT 64 euros

>>> Call
* Bernstein Likes European Income Stocks Amid High Inflation (+)
* Talanx New Equal-Weight at Morgan Stanley on Limited Upside
* Technogym Valuation Doesn’t Reflect Growth, New Buy at Berenberg