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

>>> Up
* 3i Raised to Overweight at Morgan Stanley; PT 4,069 pence
* Alfa Laval Raised to Buy at Deutsche Bank (+)
* Aroundtown Raised to Hold at Deutsche Bank (+)
* Bachem Raised to Buy at Octavian; PT 86 Swiss francs
* Banco BPM Raised to Outperform at Mediobanca SpA; PT 8.20 euros
* Barratt Redrow PLC Raised to Buy at Jefferies; PT 507 pence
* Cava Group PT Raised to $158 from $128 at Argus (++)
* Coinbase PT Raised to $358 from $265 at Oppenheimer (++)
* CrowdStrike PT Raised to $400 from $325 at Evercore ISI (+)
* Equinor Raised to Overweight at Barclays; PT 400 kroner
* Elastic Raised to Outperform at Wedbush; PT $135
* JD Sports Raised to Hold at Deutsche Bank (+)
* Liontrust Raised to Buy at Peel Hunt; PT 560 pence
* LWB PW Raised to Neutral-Short Term Sell at Santander Biuro Maklerskie (+)
* MicroStrategy PT Raised to $510 from $300 at Canaccord (+)
* Nordea Bank Raised to Overweight at Morgan Stanley
* Reddit PT Raised to $175 from $120 at Jefferies (+)
* Robinhood Raised to Overweight at Morgan Stanley; PT $55
* Santander Raised to Overweight at Morgan Stanley; PT 5.90 euros
* Santander Brasil ADRs Raised to Overweight at JPMorgan; PT $6
* Siemens Energy PT Raised to 70 euros from 35 euros at Berenberg
* Snowflake Raised to Outperform at Wedbush; PT $190
* Vestas Raised to Buy at Deutsche Bank (+)
* Walmart PT Raised to $100 from $80 at Argus (++)
* Weir Group PLC/The Raised to Buy at Deutsche Bank (+)

>>> Down
* Barrick Gold Cut to Neutral at CIBC; PT C$30.75
* Beneteau Cut to Neutral at CIC; PT 8 euros (+
* CaixaBank Cut to Equal-Weight at Morgan Stanley; PT 6.25 euros
* Dassault Aviation Cut to Hold at Kepler Cheuvreux
* Hiscox PT Cut to 1,000 pence from 1,150 pence at Jefferies
* ING Cut to Equal-Weight at Morgan Stanley; PT 17.50 euros
* Kone Cut to Underperform at RBC; PT 44 euros
* Orsted Cut to Neutral at Goldman; PT 445 kroner
* Seri Industrial Cut to Neutral at Intermonte; PT 3.50 euros (++)
* Thales Cut to Hold at Kepler Cheuvreux
* VGP Cut to Hold at Deutsche Bank (+)

>>> Initiation
* Canatu Rated New Buy at Bryan Garnier; PT 15 euros (+)
* Lundbergforetagen Rated New Sell at ABG; PT 493 kronor

>>> Call
* 3i Raised at Morgan Stanley, CVC Now Top Diversified Pick
* Kone Cut to Underperform at RBC on Downside Risks to Consensus
* Morgan Stanley Strategists Say Europe Financials Lead EPS Beats (+)
* Nordea, Santander Raised at Morgan Stanley, Now Among Top Picks
* RBC’s Calvasina Sees S&P 500 Rallying 11% Through End of 2025 (+)
* Mega Cap Outperformance Not Due to Passive Flows: Citigroup (+)