>>> Europe : Brokers Upgrades & Downgrades - 20th of November 2024

>>> Up
* Buzzi SpA Raised to Neutral at JPMorgan; PT 46 euros
* Edenred Raised to Hold at Jefferies
* Endesa Raised to Outperform at Renta 4; PT 25.50 euros
* Equinor Raised to Buy at Redburn; PT 330 kroner
* Holcim Raised to Overweight at JPMorgan; PT 108 Swiss francs
* Inmobiliaria Colonial Raised to Buy at JB Capital Markets
* Lemonade Raised to Equal-Weight at Morgan Stanley; PT $42
* Merck & Co Raised to Buy at CFRA
* Remedy Entertainment Raised to Buy at Inderes; PT 19 euros
* Synsam Raised to Buy at Kepler Cheuvreux
* Walmart PT Raised to $100 from $89 at Morgan Stanley
* XPeng ADRs Raised to Buy at CMB International; PT $16

>>> Down
* BP Cut to Reduce at AlphaValue/Baader
* EasyJet Cut to Hold at HSBC; PT 530 pence
* Galapagos Cut to Reduce at Kepler Cheuvreux
* Picton Property Income Ltd Cut to Add at Peel Hunt
* SSP Cut to Neutral at JPMorgan; PT 200 pence

>>> Initiation
* Avolta AG Rated New Buy at Berenberg; PT 40 Swiss francs
* Lanvin Group Rated New Neutral at Oddo BHF; PT $1.80
* LNA Sante Rated New Buy at Kepler Cheuvreux; PT 33 euros
* NCAB Group Rated New Buy at Pareto Securities; PT 69 kronor
* Nel Rated New Reduce at Kepler Cheuvreux; PT 2.50 kroner
* Nexans Rated New Hold at Stifel; PT 123.10 euros
* Yubico Rated New Buy at Nordea; PT 320 kronor
* Zabka Rated New Buy at Goldman; PT 28 zloty

>>> Call
* Edenred Raised to Hold at Jefferies, Negatives Seem Priced In
* Holcim, Buzzi Raised at JPMorgan, More Upside for Cement Firms
* Palantir Has ‘Unsustainable Multiple’, Insider Sales: Jefferies