>>> Europe : Brokers Upgrades & Downgrades - 27th of July 2023

>>> Up
* Cint Raised to Buy at Nordea
* Detection Tech Oy Raised to Accumulate at Inderes; PT 16 euros
* DWS Raised to Overweight at JPMorgan; PT 38.60 euros
* Heidelberg Materials Raised to Buy at AlphaValue/Baader
* Hexagon Raised to Buy at DNB Markets; PT 135 kronor
* SGS Raised to Hold at Kepler Cheuvreux; PT 83 Swiss francs

>>> Down
* Coty Cut to Hold at Jefferies; PT $14
* Covestro Cut to Add at Baader Helvea; PT 53 euros
* DSV Cut to Hold at SEB Equities; PT 1,510 kroner
* Estee Lauder Cut to Hold at Jefferies; PT $190
* Fermentalg Cut to Hold at Kepler Cheuvreux; PT 80 euro cents
* J. Martins Cut to Neutral at JB Capital Markets; PT 28.70 euros
* KMC Properties Cut to Hold at ABG; PT 6 kroner
* Multiconsult Cut to Hold at ABG; PT 165 kroner
* Sulzer Cut to Reduce at Baader Helvea; PT 86 Swiss francs

>>> Initiation

>>> Call
* Elis Results Solid, Stock Attractively Priced: Morgan Stanley