>>> Europe : Brokers Upgrades & Downgrades - 1st of December 2021

>>> Up
* Diageo Raised to Buy at SocGen; PT 4,500 pence
* Eni Raised to Buy at Berenberg; PT 14 euros
* Kone Raised to Buy at Jefferies; PT 70 euros
* Proximus Raised to Neutral at JPMorgan; PT 19 euros

>>> Down
* Ferrari Cut to Hold at SocGen; PT $290
* Nel Cut to Equal-Weight at Morgan Stanley; PT 22 kroner
* NOS Cut to Neutral at JPMorgan; PT 3.80 euros

>>> Initiation
* Genmab Rated New Sell at Berenberg; PT 2,200 kroner
* Tritax Big Box Rated New Overweight at JPMorgan; PT 265 pence

>>> Call
* Eni Raised to Buy as Listings May Drive Re-Rating: Berenberg
* GB Group a Buy at Jefferies on ‘Step Change’ From Acuant Deal
* Kone Double-Upgraded at Jefferies as Drag of Cost Inflation Ends