>>> Europe : Brokers Upgrades & Downgrades - 26th of July 2024

>>> Up
* AbbVie PT Raised to $210 from $190 at JPMorgan
* Gecina Raised to Outperform at BNPP Exane; PT 120 euros
* Michelin Raised to Hold at Jefferies; PT 34 euros

>>> Down
* Ariston Cut to Neutral at Mediobanca SpA; PT 5.20 euros
* Greencore Group Cut to Hold at HSBC; PT 190 pence
* Groupe Okwind SAS Cut to Hold at TP ICAP Midcap; PT 16 euros
* Lloyds Cut to Sector Perform at RBC; PT 60 pence
* Nestle cut to Hold From Buy a Deutsche Bank, PT cut SFR95
* RWE Cut to Market Perform at Bernstein
* STMicroelectronics Cut to Equal-Weight at Morgan Stanley
* STMicroelectronics ADRs PT Cut to $45 from $55 at Susquehanna
* Tesla Cut to Sell at Phillip Secs; PT $135
* Valiant Cut to Reduce at Baader Helvea; PT 100 Swiss francs

>>> Initiation
* Deliveroo Rated New Sell at Redburn; PT 115 pence
* Delivery Hero Rated New Neutral at Redburn; PT 22 euros
* DoorDash Rated New Buy at Redburn; PT $170
* Just Eat Takeaway Rated New Sell at Redburn; PT 9 euros
* Netflix Rated New Hold at LBBW; PT $672

>>> Call
* Evercore’s Schlosstein Says Trump Tariffs a Threat to Stocks