>>> Europe : Brokers Upgrades & Downgrades - 27th of June 2024 V2(+)

>>> Up
* Adyen Raised to Buy at Bryan Garnier; PT 1,400 euros (+)
* Brunello Cucinelli Raised to Buy at Stifel; PT 115 euros
* Givaudan PT Raised to 4,850 Swiss francs at Bank Vontobel
* Kering Raised to Buy at BofA; PT 450 euros
* Koninklijke BAM Groep NV Raised to Add at AlphaValue/Baader
* LEG Immobilien Raised to Buy at Deutsche Bank (+)
* Opmobility Raised to Buy at TP ICAP Midcap; PT 15 euros (+)
* Plazza Raised to Outperform at ZKB (+)
* Rovi Raised to Outperform at Oddo BHF; PT 111 euros (+)
* Safran Raised to Buy at Citi; PT 230 euros
* Sandnes Sparebank Raised to Buy at DNB Markets; PT 107 kroner
* SpareBank 1 Helgeland Raised to Buy at DNB Markets
* TAG Immobilien Raised to Buy at Deutsche Bank (+)
* Unibail Raised to Neutral at JPMorgan; PT 72 euros
* Unibail Raised to Buy at Deutsche Bank (+)
* Worldline Raised to Buy at Bryan Garnier; PT 15 euros (+)

>>> Down
* Aker BioMarine ASA Cut to Hold at SEB Equities; PT 80 kroner
* Ashtead Cut to Underperform at BNPP Exane; PT 4,800 pence (+)
* Darktrace Cut to Neutral at Redburn; PT 610 pence
* Dassault Systemes Cut to Hold at Deutsche Bank (+)
* Egetis Therapeutics AB Cut to Hold at Pareto Securities
* Energean Cut to Hold at Panmure Gordon; PT 1,054 pence
* Gecina Cut to Hold at Deutsche Bank (+)
* Hochschild Mining Cut to Hold at Berenberg
* Klepierre Cut to Hold at Deutsche Bank (+)
* Rio Tinto Cut to Hold at Berenberg
* Rio Tinto ADRs Cut to Hold at Berenberg; PT $74
* SpareBank 1 SMN Cut to Hold at DNB Markets; PT 167 kroner
* Stellantis Cut to Hold at Equita; PT $23.53 (+)

>>> Initiation
* Addnode Group AB Rated New Buy at Nordea; PT 139 kronor
* Cyber Folks SA Rated New Buy at Wood & Company; PT 177.20 zloty
* Disney Rated New Buy at Citic Securities; PT $115
* Eidesvik Offshore Rated New Buy at Clarksons; PT 25 kroner (+)
* Orsted Rated New Buy at Arctic Securities; PT 460 kroner
* Permanent TSB Rated New Underweight at Barclays; PT 1.50 euros
* PSP Swiss Rated New Hold at Deutsche Bank; PT 117 Swiss francs (+)
* Scatec Reinstated Buy at Arctic Securities; PT 100 kroner
* Vercom Rated New Hold at Wood & Company; PT 139.80 zloty
* VGP Rated New Buy at Deutsche Bank; PT 125 euros (+)
* Viking Therapeutics Rated New Overweight at Morgan Stanley

>>> Call
* Anglo American Downgraded at Berenberg on Strategy Concerns
* Berenberg Now More Cautious on Bulk Commodities, Gold Preferred
* Brunello Cucinelli Raised to Buy at Stifel After Slide (+)
* Citi Strategists Say French Stocks Too Optimistic on Election
* Givaudan Gets New Street High PT by Vontobel on Perfumery Boom (+)
* Kering Double-Upgraded to Buy at BofA on Gucci Brand Heat (+)
* Novo Puts Temporary Hiring Freeze on Some Divisions, JP Says
* Safran Outlook and Valuation Attractive, Upgraded to Buy at Citi