>>> Europe : Brokers Upgrades & Downgrades - 24th of November 2021

>>> Up
* Atea Raised to Buy at Carnegie; PT 192 kroner
* CRH PT Raised to 56 euros from 53 euros at Deutsche Bank
* Deliveroo Raised to Overweight at JPMorgan; PT 392 pence
* Heba Fastighets Raised to Buy at Handelsbanken; PT 185 kronor
* Hochschild Mining Raised to Overweight at Barclays; PT 165 pence
* Just Eat Takeaway Raised to Overweight at JPMorgan
* Land Sec. Raised to Outperform at Exane; PT 850 pence
* Stendorren Fastigheter Raised to Buy at Handelsbanken

>>> Down
* Aareal Bank Cut to Sell at Nord/LB; PT 29 euros
* BIC Cut to Neutral at Oddo BHF; PT 55.50 euros
* Lundin Energy Cut to Reduce at Kepler Cheuvreux; PT 310 kronor
* Marimekko Cut to Hold at Carnegie; PT 95 euros
* Nordstrom Cut to Hold at Jefferies; PT $30
* Orn Software Cut to Hold at Pareto Securities; PT 10.50 kroner
* YIT Cut to Reduce at Inderes; PT 5 euros

>>> Initiation
* Bachem Rated New Hold at Kepler Cheuvreux; PT 708 Swiss francs
* BCP Rated New Outperform at Oddo BHF; PT 22 euro cents
* Ipsen Rated New Hold at Berenberg; PT 93 euros
* Lundbeck Rated New Buy at Berenberg; PT 212 kroner
* McPhy Rated New Buy at Liberum; PT 31.30 euros
* Nel Rated New Buy at Liberum; PT 23.10 kroner
* Ovh Groupe SAS Rated New Equal-Weight at Morgan Stanley
* Ovh Groupe SAS Rated New Buy at Citi; PT 28 euros
* Ovh Groupe SAS Rated New Neutral at Goldman; PT 24 euros
* Ovh Groupe SAS Rated New Overweight at JPMorgan; PT 25 euros
* Siegfried Rated New Buy at Kepler Cheuvreux
* Vifor Pharma Rated New Hold at Berenberg; PT 116 Swiss francs

>>> Call
* ITM Power, McPhy, Nel Buys at Liberum on Strong Demand Outlook
* SMA Solar Downgraded at Berenberg Amid Cautious Outlook for 2022
* UCB, Lundbeck Are Berenberg’s Mid-Cap Pharma Picks, Ipsen Hold