>>> Europe : Brokers Upgrades & Downgrades - 1st of June 2026

>>> Up
* American Air PT Raised to $24 from $20 at Morgan Stanley
* Ariston Raised to Equal-Weight at Barclays; PT 3.30 euros
* Cadeler Raised to Buy at SB1 Markets; PT 70 kroner
* Delta Air Lines PT Raised to $105 from $90 at Morgan Stanley
* GRID LN Raised to Overweight at JPMorgan
* Magyar Telekom Raised to Outperform at Oddo BHF; PT 3,300 forint
* Segro Raised to Buy at Goldman; PT 900 pence
* Southwest Air PT Raised to $60 from $55 at Morgan Stanley
* Swissquote Raised to Neutral at UBS; PT 42.50 Swiss francs
* United Airlines PT Raised to $182 from $150 at Morgan Stanley

>>> Down
* BioMerieux Cut to Neutral at UBS; PT 80 euros


>>> Initiation


>>> Call