>>> Europe : Brokers Upgrades & Downgrades - 25th of October 2022

>>> Up
* TechnipFMC Raised to Buy at HSBC; PT $13.50
* Vekselbanken Raised to Buy at Norne Securities; PT 220 kroner

>>> Down
* Adidas Cut to Underweight at Morgan Stanley; PT 101 euros
* Aurskog Sparebank Cut to Sell at Norne Securities; PT 194 kroner
* Meta Platforms PT Cut to $200 from $225 at Jefferies
* Nam R. Cut to Hold at Stifel; PT 2.90 euros
* Persimmon PT Cut to 1,117 pence at Morgan Stanley
* Philips Cut to Reduce at HSBC; PT 12 euros
* Puma Cut to Equal-Weight at Morgan Stanley; PT 50 euros
* Taylor Wimpey PT Cut to 85 pence at Morgan Stanley

>>> Initiation
* Draegerwerk Rated New Hold at Jefferies; PT 42 euros
* Idorsia Reinstated Add at Baader Helvea; PT 15.90 Swiss francs
* Jenoptik Rated New Buy at Jefferies; PT 28 euros
* Philips Reinstated Equal-Weight at Morgan Stanley; PT 17 euros
* Porsche AG Rated New Hold at Stifel; PT 98 euros
* Sinch Rated New Overweight at JPMorgan; PT 45 kronor
* UPS Rated New Buy at Jefferies; PT $190

>>> Call
* Jenoptik Started With Buy at Jefferies, Draegerwerk Rated Hold
* Logitech’s Mixed Results May See Volatility in Shares, Citi Says
* UK Homebuilder Estimates Slashed, Morgan Stanley Sees Value Trap