>>> Europe : Brokers Upgrades & Downgrades - 23rd of August 2022

>>> Up
* FD Technologies Raised to Hold at Berenberg; PT 1,900 pence
* Tallinna Sadam Raised to Buy at SEB Equities; PT 1.77 euros

>>> Down
* Halfords Cut to Hold at Panmure Gordon; PT 150 pence
* Hapag-Lloyd Cut to Sell at Citi
* Maersk Cut to Sell at Citi

>>> Initiation


>>> Call
* FD Tech Raised at Berenberg, Though Awaiting Better Entry Point
* Maersk, Hapag-Lloyd, ZIM Cut at Citi on Cautious Shipping View