>>> Europe : Brokers Upgrades & Downgrades - 25th of April 20222

>>> Up
* Alma Media Raised to Accumulate at Inderes; PT 11 euros
* BioMarin Raised to Overweight at Morgan Stanley; PT $113
* CD Projekt Raised to Hold at Berenberg
* Engie Raised to Buy at Deutsche Bank
* GTT PT Raised to 150 euros from 95 euros at Berenberg
* Novo Nordisk ADRs Raised to Outperform at Cowen; PT $130
* Savills Raised to Buy at Peel Hunt; PT 1,325 pence

>>> Down
* Barrick Gold Cut to Market Perform at Bernstein; PT C$27
* dotdigital Cut to Hold at Berenberg; PT 100 pence
* Kellogg Cut to Hold at Deutsche Bank; PT $73
* National Grid Cut to Hold at Deutsche Bank; PT 1,220 pence
* Newmont Corp Cut to Market Perform at Bernstein; PT $57
* Nimbus Group Cut to Hold at Nordea
* Sinch Cut to Hold at Nordea
* Terna Cut to Hold at Deutsche Bank; PT 8.30 euros

>>> Initiation
* ABG Sundal Collier Rated New Neutral at SpareBank
* Creo Medical Rated New Buy at Numis; PT 250 pence
* Danske Bank Reinstated Buy at HSBC; PT 161 kroner
* DoorDash Rated New Equal-Weight at Morgan Stanley; PT $100
* RTL Resumed Hold at Deutsche Bank; PT 59 euros
* Snowflake Rated New Outperform at Wolfe; PT $250
* Warner Bros Discovery Reinstated Equal-Weight at Morgan Stanley

>>> Call
* GTT Gets Street-High Target at Berenberg on LNG Order Wins
* Novo Nordisk Upgraded to Outperform at Cowen on Wegovy Potential
* Savills Raised as Peel Hunt Sees Opportunity After Stock Drop