>>> Europe : Brokers Upgrades & Downgrades - 28th of November 2024 V2(+)

>>> Up
* Alior Raised to Buy at Erste Group; PT 125 zloty
* Assa Abloy Raised to Outperform at BNPP Exane; PT 375 kronor
* Epiroc Raised to Neutral at BNPP Exane; PT 200 kronor
* Kerry Group Raised to Buy at Deutsche Bank (+)
* Kone Raised to Outperform at BNPP Exane; PT 55 euros
* Northern Data PT Raised to 52 euros at Hauck & Aufhaeuser (+)
* Spirax Raised to Outperform at BNPP Exane; PT 8,200 pence
* Stadler Rail Raised to Neutral at BNPP Exane; PT 20 Swiss francs
* Telecom Italia Raised to Neutral at BNPP Exane (+)
* Tesco Raised to Overweight at JPMorgan; PT 410 pence
* Traton Raised to Outperform at BNPP Exane; PT 35 euros
* Voestalpine Raised to Buy at Erste Group; PT 25.50 euros

>>> Down
* Allegro Cut to Equal-Weight at Morgan Stanley; PT 33 zloty
* Alfa Laval Cut to Underperform at BNPP Exane; PT 450 kronor
* Ambarella Cut to Sell at CFRA
* Bouygues Cut to Neutral at JPMorgan; PT 37 euros
* CompuGroup Cut to Hold at Stifel; PT 18 euros
* Cranswick Cut to Sector Perform at RBC
* DocuSign Cut to Sell at CFRA; PT $65
* Dustin Cut to Hold at Nordea
* Elisa Cut to Neutral at JPMorgan; PT 50 euros
* HP Inc Cut to Hold at HSBC; PT $38
* Proximus Cut to Neutral at JPMorgan; PT 8.60 euros
* Proximus Cut to Neutral at BNPP Exane (+)

>>> Initiation
* Halma Rated New Neutral at Citi; PT 2,900 pence
* Smiths Rated New Buy at Citi; PT 2,400 pence
* Solstad Rated New Buy at SpareBank; PT 56 kroner
* Straumann Rated New Buy at Berenberg; PT 145 Swiss francs
* Sunrise Communications/old Rated New Neutral at JPMorgan
* Vallourec Rated New Buy at TP ICAP Midcap; PT 21 euros (+)
* Zegona Communications Rated New Buy at Kepler Cheuvreux (+)

>>> Call
* Belships Gets Another Buy as SEB Equities Sees Slew of Catalysts
* Cranswick Downgraded at RBC, Re-Rating Captures Growth Outlook (+)
* Direct Line Counter Offer Possible, Aviva Buyback at Risk: JPM
* Dustin Downgraded to Hold at Nordea on Balance Sheet Concerns (+)
* Sainsbury, Tesco Double-Upgraded, Selective in Sector: JPMorgan
* Spirax, Smiths Rated Buy in New Coverage at Citi; Halma Neutral
* Straumann Strategy Hitting the Right Notes, New Buy at Berenberg