>>> Europe : Brokers Upgrades & Downgrades - 23rd of September 2022 V2(+)

>>> Up
* ContextVision AB Raised to Buy at SpareBank; PT 11.50 kroner
* Intertek Raised to Outperform at Oddo BHF; PT 4,500 pence
* UCB Raised to Buy at Jefferies; PT 89 euros

>>> Down
* Acciona Energia Cut to Neutral at Citi; PT 42 euros
* Asos Cut to Sector Perform at RBC; PT 1,000 pence
* Avance Gas Cut to Hold at Arctic Securities; PT 45 kroner (+)
* Bureau Veritas Cut to Underperform at Oddo BHF; PT 25 euros
* BW LPG Cut to Hold at Arctic Securities; PT 65 kroner (+)
* Fnac Darty Cut to Underperform at Oddo BHF; PT 36 euros
* Hypoport Cut to Sell at Hauck & Aufhaeuser; PT 70 euros (+)
* Kaufman & Broad Cut to Neutral at Oddo BHF; PT 28 euros
* Neoen Cut to Sell at Citi; PT 37 euros
* Nexity Cut to Underperform at Oddo BHF; PT 27 euros
* SMCP Cut to Neutral at Oddo BHF; PT 8 euros
* THG PLC Cut to Hold at HSBC; PT 45 pence
* Tritax Big Box Cut to Underweight at Barclays; PT 155 pence (+)
* Valneva Cut to Neutral at Goldman; PT 8 euros
* Valneva ADRs Cut to Neutral at Goldman; PT $16
* WDP Cut to Underweight at Barclays; PT 25 euros (+)

>>> Initiation
* 1&1 Rated New Hold at Deutsche Bank; PT 21 euros
* Experian Rated New Outperform at Autonomous; PT 3,300 pence
* LPKF Rated New Buy at Stifel; PT 17 euros
* Redde Northgate Rated New Hold at Berenberg; PT 335 pence (+)
* Speedy Hire Rated New Buy at Berenberg; PT 52 pence (+)
* Tatton Asset Management Rated New Outperform at RBC
* Veolia Rated New Neutral at Citi; PT 21 euros
* Wihlborgs Rated New Underweight at Barclays; PT 60 kronor (+)

>>> Call
* Asos Downgraded at RBC as Competitive Advantage Narrows (+)
* Citi Cuts Renewables on Lack of Momentum to Offset Valuations (+)
* Goldman Slashes S&P 500 Target Citing Higher Path for Fed Rates
* Income Strategy to Remain in Vogue Ahead of Recession: Jefferies
* Leading Luxury-Earnings Upgrades At Odds With Share-Price Drops
* Veolia Initiated at Neutral by Citi as Macro Risks Weigh (+)