>>> Europe : Brokers Upgrades & Downgrades - 28th of June 2023 V2(+)

>>> Up
* Aedas Homes SA Raised to Outperform at Renta 4; PT 20.50 euros (+)
* Boliden Raised to Neutral at BNPP Exane; PT 315 kronor
* BHG Group Raised to Buy at ABG; PT 23 kronor
* Centamin Raised to Hold From Sell by RBC; PT cut to 89p from 93p
* Centamin Raised to Hold at Liberum; PT 89 pence (+)
* Credem Raised to Buy at Jefferies, Pop. Sondrio Cut to Hold
* Credito Emiliano Raised to Buy at Jefferies; PT 8.90 euros
* Inmobiliaria del Sur Raised to Outperform at Renta 4 (+)
* Partners Group Raised to Buy at Citi; PT 940 Swiss francs
* Prosus Raised to Buy at HSBC; PT 77 euros
* Sage Raised to Overweight at JPMorgan; PT 1,100 pence
* SBB Raised to Neutral at Goldman; PT 4 kronor
* Thule Raised to Buy at Pareto Securities; PT 350 kronor (+)
* Vodafone Raised to Neutral at BNPP Exane (+)

>>> Down
* Aker Horizons Cut to Hold at SEB Equities; PT 7 kroner
* Carnival Cut to Hold at CFRA; PT $16
* Ciech Cut to Hold at Erste Group; PT 49.80 zloty
* Pop. Sondrio Cut to Hold at Jefferies; PT 4.40 euros
* Siemens Energy Cut to Neutral at UBS; PT 16 euros (+)
* Vale ADRs Cut to Underperform at BNPP Exane; PT $13.20

>>> Initiation
* Carrefour Reinstated Overweight at Morgan Stanley; PT 21 euros
* Cboe Rated New Equal-Weight at Barclays (+)
* CME Group Rated New Overweight at Barclays; PT $215 (+)
* EasyJet Reinstated Sector Perform at RBC; PT 540 pence
* Ercros Rated New Buy at Mirabaud Securities; PT 4.40 euros
* IAG Reinstated Sector Perform at RBC; PT 180 pence
* Intercontinental Exchange Rated New Equal-Weight at Barclays (+)
* Lufthansa Reinstated Sector Perform at RBC; PT 10 euros
* MarketAxess Rated New Overweight at Barclays; PT $310 (+)
* Ryanair Reinstated Outperform at RBC; PT 21.50 euros
* Siem Offshore Reinstated Buy at Pareto Securities (+)
* Tatton Asset Management Rated New Buy at Peel Hunt; PT 550 pence
* TMX Group Rated New Equal-Weight at Barclays (+)
* WAG Payment Solutions Rated New Buy at Wood & Company
* Wizz Air Reinstated Outperform at RBC; PT 3,900 pence

>>> Call
* Barclays Strategists See Investors Forced to Chase Stocks Higher (+)
* Carrefour, Cheap and Cash Rich, Is Top Pick at Morgan Stanley (+)
* DSM-Firmenich Profit Warning Shows Vitamin Pricing Woes: Citi (+)
* Goldman Strategists Say Russell 2000 Offers Higher Return, Risk (+)
* Morgan Stanley Strategists Say US Has Highest Domestic Exposure (+)
* Partners Group Raised at Citi, Intermediate Capital Top Pick
* Ryanair, Wizz Air Preferred Names at RBC Among European Airlines
* SBB Upgraded to Neutral at Goldman Following Underperformance (+)
* Siemens Energy Cut at UBS on Gamesa Provisions, Turbine Issues (+)