>>> Europe : Brokers Upgrades & Downgrades - 26th of May 2025

>>> Up
* Bravida Raised to Buy at Nordea; PT 111 kronor
* Gap PT Raised to $33 from $26 at Barclays

>>> Down
* Deckers Outdoor Cut to Neutral at KGI Securities; PT $110
* Frequentis Cut to Accumulate at Erste Group; PT 50 euros
* Opap Cut to Equal-Weight at Euroxx Securities; PT 22 euros

>>> Initiation


>>> Call