>>> Europe : Brokers Upgrades & Downgrades - 21st of December 2021 V2(+)

>>> Up
* Deutsche Boerse Raised to Buy at UBS; PT 165 euros
* ISS Raised to Buy at Handelsbanken; PT 145 kroner
* Neste Raised to Buy at Kepler Cheuvreux; PT 55 euros (+)
* Reckitt PT Raised to 9,400 pence from 8,900 pence at Barclays (+)
* Richemont Raised to Buy at Bryan Garnier; PT 140 Swiss francs (+)
* Straumann Raised to Outperform at Bernstein

>>> Down
* Alibaba ADRs Cut to Neutral at Atlantic Equities; PT $140 (+)
* BillerudKorsnas Cut to Hold at ABG; PT 175 kronor

>>> Initiation
* Kalera Rated New Buy at Roth Capital; PT 15 kroner
* Nordex Rated New Buy at Stifel; PT 20 euros
* Petrofac Coverage Dropped by Morgan Stanley
* Roche Resumed Buy at Citi; PT 422 Swiss francs (+)
* Skan Group Rated New Neutral at Credit Suisse (+)

>>> Call
* Deutsche Boerse Upgraded at UBS as Cyclical Headwinds Abate
* TUI New Hold at Peel Hunt, Recovery Potential With Uncertainties