>>> Europe : Brokers Upgrades & Downgrades - 29th of April 2022

>>> Up
* Atea Raised to Neutral at SpareBank; PT 120 kroner
* Boliden Raised to Buy at Handelsbanken
* Fortnox Raised to Buy at SEB Equities; PT 59 kronor
* Handelsbanken Raised to Buy at SEB Equities; PT 111 kronor
* Inwido Raised to Hold at Handelsbanken
* LeadDesk Raised to Buy at Inderes; PT 14 euros
* Nivika Fastigheter Raised to Buy at SEB Equities; PT 80 kronor
* Red Electrica Raised to Equal-Weight at Morgan Stanley
* Repsol Raised to Neutral at Exane; PT 15.50 euros
* Terna Raised to Equal-Weight at Morgan Stanley; PT 7.50 euros
* X-Fab Silicon Foundries Raised to Buy at Deutsche Bank

>>> Down
* Edenred Cut to Hold at HSBC; PT 51.75 euros
* Hoist Finance Cut to Hold at SEB Equities; PT 32 kronor
* RELX Cut to Hold at HSBC; PT 2,460 pence
* Thales Cut to Hold at SocGen; PT 131 euros
* Wolters Kluwer Cut to Reduce at HSBC; PT 80 euros

>>> Initiation
* Adesso SE Rated New Buy at Jefferies; PT 225 euros
* Heliad Equity Rated New Buy at Berenberg; PT 10.50 euros
* Lululemon Rated New Outperform at Wedbush; PT $430

>>> Call
* Aixtron Raised, PT to Street-High on Strong Momentum: Jefferies
* CaixaBank’s 1Q Capital Strong, Fees Weaker, Jefferies Says
* Cranswick Cut at Peel Hunt as U.K. Pig Prices to Squeeze Margins
* Essity Raised at Goldman Sachs as Downgrade Cycle Comes to End