>>> Europe : Brokers Upgrades & Downgrades - 26th of April 2022

>>> Up
* CVS Group Raised to Buy at Jefferies; PT 2,110 pence
* DEFAMA AG Raised to Buy at SRC Research; PT 32 euros
* Essity Raised to Hold at HSBC; PT 240 kronor
* Gerresheimer Raised to Outperform at Oddo BHF; PT 101 euros
* Rilba Raised to Buy at Handelsbanken
* Stabilus Raised to Overweight at JPMorgan; PT 62 euros

>>> Down
* EDP Renovaveis Cut to Sell at SocGen; PT 21 euros
* SpareBank 1 SMN Cut to Sell at ABG; PT 130 kroner
* SR-Bank Cut to Sell at ABG; PT 129 kroner

>>> Initiation
*
* Embracer Rated New Buy at ABG; PT 150 kronor
* Nilfisk Rated New Buy at SEB Equities; PT 240 kroner

>>> Call
* Carrefour Raised on FX, Inflation, But Still Cautious: Bernstein
* CVS Group Raised at Jefferies on Solid Growth, Pricing Power