>>> Europe : Brokers Upgrades & Downgrades - 1st & 2nd of May 2024 V3(++)

>>> Up
* Adidas PT Raised to 276 euros from 231 euros at UBS (+)
* AJ Bell Raised to Buy at UBS; PT 375 pence (+)
* Acciona Energia Raised to Hold at HSBC; PT 19.50 euros
* Amazon PT Raised to $220 from $215 at Morgan Stanley
* EFG International Raised to Buy at Citi; PT 13.30 Swiss francs (++)
* Eli Lilly PT Raised to $1,001 from $900 at BMO
* Getlink Raised to Buy at Citi; PT 20 euros (++)
* Pernod Ricard Raised to Hold at HSBC; PT 137 euros (++)
* Sabadell Raised to Outperform at KBW; PT 2.38 euros (++)
* Snam Raised to Buy at HSBC; PT 5.10 euros
* Terna Raised to Buy at HSBC; PT 8.90 euros
* Travis Perkins Raised to Outperform at BNPP Exane (+)
* Vidrala Raised to Buy at Intermoney Valores; PT 121 euros
* Wavestone Raised to Buy at Stifel; PT 68 euros (++)

>>> Down
* Alpha Finl Markets Cut to Sector Perform at RBC; PT 465 pence (++)
* Autodesk Cut to Hold at Berenberg; PT $295
* Bakkafrost Cut to Sell at ABG; PT 573 kroner (++)
* Computacenter Cut to Hold at Investec; PT 2,600 pence
* Darktrace Cut to Equal-Weight at Morgan Stanley; PT 620 pence
* Darktrace Cut to Hold at HSBC; PT 620 pence
* Fnac Darty Cut to Equal-Weight at Barclays; PT 33 euros
* KPN Cut to Neutral at Citi; PT 3.55 euros
* Molson Coors PT Cut to $53 from $56 at Citi (++)
* Salmar Cut to Hold at ABG; PT 723 kroner (++)
* Solteq Cut to Sell at Inderes; PT 55 euro cents (++)
* Sparebanken Vest Cut to Hold at ABG; PT 127 kroner (++)
* Starbucks Cut to Market Perform at William Blair
* Starbucks Cut to Hold at Deutsche Bank; PT $89 (++)
* Stellantis Cut to Neutral at Mediobanca SpA; PT $25.57
* YIT Cut to Reduce at Inderes; PT 1.85 euros (++)

>>> Initiation
* Allianz Rated New Neutral at Autonomous; PT 284 euros
* Attendo Reinstated Buy at Nordea; PT 50 kronor (++)
* Bodycote Rated New Buy at Deutsche Bank; PT 840 pence (+)
* Galderma Rated New Buy at Citi; PT 80 Swiss francs (++)
* Galderma Rated New Equal-Weight at Morgan Stanley (++)
* Galderma Rated New Buy at Goldman; PT 82 Swiss francs (++)
* Galderma Rated New Buy at Jefferies; PT 80 Swiss francs (++)
* Gooch & Housego Rated New Buy at Deutsche Bank; PT 675 pence (+)
* Halma Rated New Hold at Deutsche Bank; PT 2,400 pence (+)
* Hill & Smith Rated New Buy at Deutsche Bank; PT 2,250 pence (+)
* Ipsen Rated New Buy at Citi; PT 130 euros (++)
* Kitwave Group Rated New Buy at Investec; PT 485 pence
* Melrose Industries Rated New Hold at Deutsche Bank (+)
* Morgan Advanced Rated New Hold at Deutsche Bank (+)
* Oxford Instruments Rated New Buy at Deutsche Bank (+)
* QinetiQ Rated New Buy at Deutsche Bank; PT 430 pence (+)
* Renishaw Rated New Hold at Deutsche Bank (+)
* Rotork Rated New Hold at Deutsche Bank (+)
* Senior Rated New Buy at Deutsche Bank; PT 250 pence (+)
* Spectris Rated New Hold at Deutsche Bank (+)
* Spirax Rated New Hold at Deutsche Bank (+)
* TI Fluid Rated New Hold at Deutsche Bank (+)
* TT Electronics Rated New Buy at Deutsche Bank; PT 260 pence (+)
* Vesuvius Rated New Hold at Deutsche Bank (+)

>>> Call
* Bakkafrost Gets Only Sell as ABG Cuts, Salmar Downgraded to Hold (++)
* EFG Raised at Citi, Positive Watch Opened on Julius Baer (++)
* Haleon’s 1Q Volume Miss May Spur ‘Some De-Rating,’ Citi Says (+)
* Ipsen a Buy at Citi; Dysport, Rare Disease Assets to Fuel Growth (++)
* Kemira Visibility Improving, Upgraded to Buy at Berenberg (++)