>>> Europe : Brokers Upgrades & Downgrades - 23rd of November 2021

>>> Up
* Aedifica Raised to Buy at SocGen; PT 149 euros
* Aker BP Raised to Neutral at SpareBank; PT 305 kroner
* Aroundtown Raised to Buy at SocGen; PT 7.70 euros
* Barratt Raised to Buy at Berenberg; PT 810 pence
* Big Yellow Group Raised to Buy at Liberum; PT 1,720 pence
* Cancom PT Raised to 73 euros from 58 euros at Deutsche Bank
* Carmila Raised to Hold at SocGen; PT 14.20 euros
* Cofinimmo Raised to Buy at SocGen; PT 167.50 euros
* Gecina Raised to Hold at SocGen; PT 131.50 euros
* ICADE Raised to Buy at SocGen
* Inmobiliaria Colonial Raised to Buy at SocGen; PT 10.10 euros
* Klepierre Raised to Hold at SocGen; PT 20.40 euros
* Lucas Bols Raised to Buy at Kepler Cheuvreux; PT 14 euros
* Lundin Energy Raised to Buy at SpareBank; PT 370 kronor
* Merlin Properties Raised to Buy at SocGen; PT 11.90 euros
* Vonage Cut to Market Perform at William Blair
* Vonage Cut to Market Perform at Northland; PT $21
* Vonage Cut to Hold at Craig-Hallum; PT $21

>>> Down
* CNP Assurances Cut to Hold at Berenberg; PT 21.90 euros
* Equinor Cut to Sell at SpareBank; PT 220 kroner
* Grand City Properties Cut to Hold at SocGen; PT 23.80 euros
* Hammerson Cut to Sell at SocGen; PT 27.50 pence
* Hochschild Mining Cut to Hold at Peel Hunt; PT 112 pence
* Illimity Cut to Hold at Kepler Cheuvreux; PT 13.60 euros
* Randstad Cut to Underperform at Exane; PT 58 euros
* Shurgard Cut to Hold at SocGen; PT 60 euros

>>> Initiation
* D'Ieteren Rated New Buy at Kepler Cheuvreux; PT 193 euros
* HomeToGo Rated New Buy at Deutsche Bank; PT 11.50 euros
* Meggitt Reinstated Neutral at JPMorgan; PT 800 pence

>>> Call
* Big Yellow Group 1H a Beat; Jefferies Cuts Rating on Valuation
* CRH Guidance Implies Earnings Estimate Upgrades, Goodbody Says
* Julius Baer Cut at Morgan Stanley With EPS Upside Now Limited
* U.K. Housebuilders Cheap and Ready for Outperformance: Berenberg
* Telefonica Cut at Berenberg on Spain Unit Margin Problems
* Tomra Growth Priced In, New Equal-Weight at Morgan Stanley