>>> Europe : Brokers Upgrades & Downgrades - 27th October 2022 V2(+)

>>> Up
* Amplifon Raised to Buy at Banca Akros (+)
* Ferrari Raised to Buy at HSBC
* Norwegian Air Raised to Hold at Nordea; PT 8.50 kroner (+)
* Novo Nordisk Raised to Buy at Intron Health; PT 900 kroner
* Saipem Raised to Buy at Banca Akros (+)
* Scanfil Raised to Buy at Inderes; PT 7.25 euros
* Sitowise Group Raised to Buy at Inderes; PT 5.50 euros (+)
* Suominen Raised to Accumulate at Inderes; PT 3 euros
* TT Electronics Cut to Hold at Jefferies; PT 165 pence

>>> Down
* Ageas Cut to Hold at Berenberg
* Cargotec Cut to Reduce at Inderes; PT 41 euros (+)
* Dassault Systemes Cut to Underweight at JPMorgan; PT 31 euros
* Konecranes Cut to Hold at Handelsbanken
* Meta Platforms Cut to Sector Weight at KeyBanc
* Meta Platforms Cut to Equal-Weight at Morgan Stanley; PT $105
* PATRIZIA SE Cut to Reduce at Baader Helvea; PT 8 euros
* Thule Cut to Hold at SEB Equities; PT 260 kronor (+)

>>> Initiation
* Brooks Macdonald Reinstated Add at Numis; PT 2,340 pence
* Intl Petroleum Rated New Outperform at ATB Capital
* Rathbones Group Reinstated Hold at Numis; PT 2,015 pence
* Telenor Maintained at Buy at New Street Research

>>> Call
* Ageas Downgraded to Hold at Berenberg Following Profit Warning
* Beiersdorf Posts ‘Broad-Based’ Beat Fueled by Nivea: Citi (+)
* Dassault Systemes Cut at JPMorgan on Slowdown in License Sales
* Increased Stake in Getlink Is Positive for Eiffage, RBC Says (+)
* Lufthansa Outlook Optimistic With Strong 4Q Bookings: Bernstein (+)
* Morgan Stanley Slashes China Stock Outlook After Party Congress
* Rexel Outlook Implies About 7% Lift to Consensus: Morgan Stanley (+)
* Schneider Electric’s Revenue Can Drive Consensus Upside: RBC (+)
* Unilever Shares to ‘Slightly Outperform’ After 3Q Sales Beat: MS (+)
* Volvo 3Q Ebit Miss on Margin Squeeze, Polestar Losses: Bernstein (+)