>>> Europe : Brokers Upgrades & Downgrades - 20th of March 2023

>>> Up
* Conagra Raised to Hold at Deutsche Bank; PT $35
* Dunelm Raised to Hold at Jefferies; PT 1,250 pence
* Kimberly-Clark Raised to Hold at Deutsche Bank; PT $123
* Nokian Renkaat Raised to Overweight at JPMorgan; PT 9.50 euros
* Royal Unibrew Raised to Equal-Weight at Morgan Stanley
* Thales Raised to Overweight at JPMorgan; PT 160 euros

>>> Down
* DiaSorin SpA Cut to Underweight at Morgan Stanley; PT 91 euros
* Hensoldt Cut to Neutral at JPMorgan; PT 32 euros
* JM Cut to Sell at DNB Markets; PT 160 kronor
* UBS cut to Holf from Buy at Societe Generale; PT 17.50 CHF

>>> Initiation
* Ionos Rated New Overweight at Barclays; PT 18.50 euros
* Ionos Rated New Buy at Berenberg; PT 22 euros
* Ionos Rated New Buy at Deutsche Bank; PT 20 euros
* Ionos Rated New Buy at Exane; PT 19 euros
* Ionos Rated New Buy at Goldman; PT 20 euros
* Ionos Rated New Neutral at JPMorgan; PT 16 euros
* Latour Rated New Sell at Nordea; PT 181 kronor
* Modulight Rated New Reduce at Inderes; PT 2.30 euros
* SSAB Resumed Sell at Nordea; PT 58 kronor
* Vestas Rated New Outperform at Haitong Intl; PT 300 kroner

>>> Call
* Dunelm Loses Last Sell Rating as Jefferies Upgrades to Hold
* Royal Unibrew Raised at MS With Expectations More Reasonable