>>> Europe : Brokers Upgrades & Downgrades - 21st of March 2024

>>> Up
* BioMerieux Raised to Buy at Berenberg; PT 114.50 euros
* Equinor Raised to Buy at SpareBank; PT 340 kroner
* Frontline PLC Raised to Buy at Jefferies; PT $30
* IAG Raised to Outperform at RBC; PT 220 pence
* Investor AB PT Raised to 235 kronor from 200 kronor at Citi
* Pernod Ricard Raised to Hold at Deutsche Bank; PT 140 euros
* Segro Raised to Buy at HSBC; PT 964 pence
* Shaftesbury Capital Raised to Buy at HSBC; PT 149 pence
* Shurgard Raised to Equal-Weight at Morgan Stanley; PT 40 euros

>>> Down
* DiaSorin SpA Cut to Hold at Berenberg
* Fila Cut to Neutral at BNPP Exane; PT 8.80 euros
* Hugo Boss PT Cut to 56 euros from 64.10 euros at Citi
* Redrow Cut to Sector Perform at RBC; PT 750 pence
* Swissquote Cut to Hold at Berenberg; PT 250 Swiss francs
* Volvo Cut to Hold at Pareto Securities; PT 310 kronor

>>> Initiation
* SAP Rated New Overweight at KeyBanc; PT 230 euros
* Microsoft Re-Initiated Overweight at KeyBanc; PT $490
* Sensorion Rated New Buy at Stifel; PT 1.50 euros

>>> Call
* BioMerieux Raised to Buy at Berenberg, DiaSorin Cut to Hold
* IAG Raised at RBC as North American Capacity Becomes Tailwind