>>> Europe : Brokers Upgrades & Downgrades - 25th of July 2024 V3(++)

>>> Up

* Frontier Developments Raised to Buy at Goodbody; PT 300 pence (++)
* Kempower Raised to Accumulate at Inderes; PT 16 euros

* Metso Raised to Buy at Inderes; PT 11 euros

* Norsk Hydro Raised to Hold at SEB Equities; PT 65 kroner

* Sanoma Raised to Buy at SEB Equities; PT 7.90 euros

* Spectris Raised to Buy at Berenberg

* Wavestone Raised to Buy at TP ICAP Midcap; PT 68 euros (++)

>>> Down

* Aedas Homes SA Cut to Neutral at Alantra Equities; PT 26 euros (++)

* Ascential Cut to Equal-Weight at Barclays; PT 570 pence

* Ascential Cut to Hold at Berenberg; PT 568 pence (++)

* Equinor Cut to Hold at DZ Bank; PT 295 kroner

* Forsee Power Cut to Neutral at Oddo BHF; PT 80 euro cents (++)

* ID Logistics Group SACA Cut to Add at IDMidcaps; PT 441 euros (+)

* NextEra Energy Partners Cut to Peerperform at Wolfe

* OTP Bank Cut to Underweight at Morgan Stanley; PT 20,100 forint
* Repsol Cut to Sector Perform at RBC; PT 16 euros

* RS Group Cut to Hold at HSBC; PT 810 pence

* Seco/Warwick Cut to Hold at Erste Group; PT 30.90 zloty

* Sirius XM Cut to Sell at Citi; PT $2.80

* Solutions 30 Cut to Hold at Marex; PT 2.30 euros

* Tesla Cut to Neutral at KGI Securities; PT $236

* UMG Cut to Equal-Weight at Barclays; PT 26 euros

* UMG Cut to Neutral at Guggenheim; PT 27.50 euros

* UMG Cut to Neutral at Citi; PT 29.50 euros

* UMG Cut to Reduce at Kepler Cheuvreux; PT 27 euros (++)

* Flerie Rated New Buy at DNB Markets; PT 70 kronor (++)
* Hargreaves Rated New Corporate at Cavendish; PT 850 pence (+)

>>> Call

* Bucher Seen Lower After Guidance Cut and Weak Orders: Baader

* Elis Consensus May Rise After Solid Results, Morgan Stanley Says
* Goldman’s Rubner Says Stocks Flash Sell Signal to Systemic Funds

* Nestle Guidance Cut Raises Concerns on Profitability: Jefferies (+)

* Sanofi 2Q Is Solid Beat, Dupixent Outperforming, Intron Says (+)

* Stellantis Falls as Morgan Stanley Points to Weak Cash Flow (+)