>>> Europe : Brokers Upgrades & Downgrades - 21st of December 2022

>>> Up
* ABN AMRO GDRs Raised to Add at AlphaValue/Baader

>>> Down
* Billerud Cut to Hold at DNB Markets; PT 150 kronor
* Boliden Cut to Hold at Pareto Securities; PT 401 kronor
* Genmab Cut to Neutral at Citi; PT 3,055 kroner
* Terna Cut to Hold at Intesa Sanpaolo; PT 7.10 euros
* Vidrala Cut to Neutral at JB Capital Markets; PT 84.90 euros

>>> Initiation
* Hoegh Autoliners Rated New Buy at Nordea; PT 94 kroner
* Sampo New Hold at Jefferies, Structural Moves Already in Shares
* SOITEC Rated New Buy at Stifel; PT 205 euros

>>> Call
* Brunello Cucinelli PT Hiked at Jefferies on Strong Momentum
* Genmab Cut to Neutral at Citi on Balanced Risk/Reward Outlook
* Jefferies Has Positive View on Restaurants; McDonald’s Top Pick