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

>>> Up
* ADP Raised to Buy at CIC; PT 136 euros (+)
* ASML Raised to Accumulate at KBC Securities; PT 850 euros (+)
* Big Technologies Raised to Add at Peel Hunt
* CA Immo Raised to Accumulate at Erste Group; PT 27.50 euros
* CA Immo Raised to Buy at Kepler Cheuvreux
* Commerzbank Raised to Buy at AlphaValue/Baader
* Gentili Mosconi Raised to Buy at TP ICAP Midcap; PT 3 euros (+)
* Lottomatica Raised to Buy at Redburn; PT 14.25 euros
* Snap Raised to Buy at President Capital Management; PT $13
* UMG Raised to Hold at Kepler Cheuvreux

>>> Down
* AFRY Cut to Hold at Nordea
* Bouygues PT Cut to 32 euros from 34 euros at Morgan Stanley
* Daimler Truck PT Cut to 35 euros at Kepler Cheuvreux
* d'Amico Intl Shipping Cut to Hold at Fearnley; PT 7.10 euros (+)
* Digital Value Cut to Hold at Equita; PT 70 euros (+)
* Hafnia Cut to Hold at Fearnley; PT 88 kroner (+)
* Digital Value Cut to Hold at Equita; PT 70 euros (+)
* H&M Cut to Hold at Danske Bank Markets; PT 190 kronor (+)
* Intermediate Capital Cut to Neutral at BNPP Exane (+)
* Nel Cut to Sell at SEB Equities; PT 4 kroner (+)
* Nordic Semiconductor PT Cut to 95 kroner at Morgan Stanley
* Norske Skog Cut to Hold at DNB Markets; PT 38 kroner
* Rolls-Royce Cut to Hold at Kepler Cheuvreux
* Solaria Energia Cut to Underweight at JB Capital Markets (+)
* Storebrand Cut to Hold at Arctic Securities; PT 122 kroner
* Sweco Cut to Hold at Nordea
* Telia Cut to Underperform at Handelsbanken; PT 39 kronor (+)
* Torm Cut to Hold at Fearnley; PT 236 kroner (+)
* Ubisoft Cut to Hold at HSBC; PT 10.80 euros
* Volution Cut to Hold at Peel Hunt

>>> Initiation
* Baloise Rated New Buy at Deutsche Bank; PT 190 Swiss francs (+)
* Bystronic Rated New Neutral at Oddo BHF; PT 320 Swiss francs (+)
* Danske Bank Reinstated Neutral at Goldman; PT 235 kroner
* DNB Bank Reinstated Buy at Goldman; PT 265 kroner
* Fincantieri Rated New Hold at Jefferies; PT 5 euros
* Handelsbanken Reinstated Sell at Goldman; PT 103 kronor
* Helvetia Rated New Hold at Deutsche Bank (+)
* Nordea Bank Rated New Buy at Goldman; PT 14 euros
* SEB Reinstated Neutral at Goldman; PT 178 kronor
* Swedbank Reinstated Neutral at Goldman; PT 240 kronor
* Swiss Life Rated New Hold at Deutsche Bank; PT 698 Swiss francs (+)
* Swissquote Rated New Hold at Jefferies, Stock ‘Up With Events’
* Tomra Rated New Neutral at Bryan Garnier; PT 160 kroner (+)

>>> Call
* Afry Downgraded at Nordea Following Strong Share Price Rally (+)
* Bouygues PT Lowered at Morgan Stanley on Tougher Market Backdrop
* Dormakaba Transformation on Track, Initiated Buy at Berenberg
* Goldman’s Rubner Sees ‘Buy China’ Trade Playing After Election
* MTU Aero Still Underappreciated, PT to Street-High at Bernstein
* Nordic Semiconductor PT, Forecasts Slashed at Morgan Stanley (+)
* Trigano Surges as CIC Says End to Year Was a ‘Good Surprise’ (+)