>>> Europe : Brokers Upgrades & Downgrades - 24th of Sept 2026 V3(++)

>>> Up
* Covivio Raised to Outperform at Bernstein
* Lem PT Raised to 800 Swiss francs at Bank Vontobel (+)
* Meta Raised to Buy at President Capital Management; PT $897
* Meta PT Raised to $920 from $820 at JPMorgan (++)
* MTU Aero Raised to Buy at Citi; PT 445 euros
* Nebius Group Raised to Outperform at BNP Paribas
* Sabadell Raised to Outperform at BNP Paribas; PT 4.30 euros
* Sensorion Raised to Buy at HC Wainwright; PT 32 euros
* SSH Communications Security Raised to Reduce at Inderes
* Telenor Raised to Buy at Kepler Cheuvreux; PT 160 kroner (++)
* WDP Raised to Outperform at Bernstein

>>> Down
* Alior Cut to Hold at Wood & Company; PT 142.40 zloty
* Bank Pekao Cut to Hold at Wood & Company; PT 281.10 zloty
* BMW Cut to Hold at HSBC; PT 69 euros
* Dropbox Cut to Sell at Citi; PT $29
* Getinge Cut to Hold at Pareto Securities; PT 255 kronor
* Hiab Cut to Hold at SEB Equities; PT 65 euros
* Kingfisher Cut to Hold at Investec; PT 355 pence
* M&C Saatchi Cut to Hold at Singer Capital Markets; PT 136 pence (++)
* Peugeot Invest SA Cut to Hold at Bank Degroof Petercam (++)
* Segro Cut to Market Perform at Bernstein
* Streamwide SA Cut to Reduce at Euroland Corporate (++)
* Tinybuild Cut to Sell at Shore Capital; PT 9 pence (++)

>>> Initiation
* Akzo Nobel Reinstated Overweight at JPMorgan; PT 72 euros
* Allwyn AG Rated New Equal-Weight at Barclays; PT 14 euros
* Ballys Intralot Rated New Overweight at Barclays; PT 1.40 euros
* Clas Ohlson Reinstated Buy at Handelsbanken; PT 520 kronor (+)
* Imax Rated New Overweight at Morgan Stanley; PT $63
* Optima bank Rated New Buy at UBS; PT 16 euros
* Revolution Medicines Reinstated Buy at Goldman; PT $267 (++)
* Tryg Cut to Hold at Danske Bank Markets; PT 160 kroner (++)
* United Therapeutics Reinstated Sell at Goldman; PT $321 (+)

>>> Call
* Motor Oil Hellas Rises as Goldman Sachs Hikes Price Target (++)
* Getinge Cut to Hold at Pareto Securities as ‘Tough Comps Bite’ (+)
* Hiab Cut to Hold at SEB on Lower Orders from New Buy Labrie (+)
* JPMorgan Selective in European Chemicals Amid Tough Backdrop
* MTU Aero Double-Upgraded at Citi on Clear Cash Conversion Route
* RBC Sees Capital Rotation Lifting Biotech If AI Trade Fades
* Covivio, WDP Raised at Bernstein, Aedifica, Merlin in Top Picks