>>> Europe : Brokers Upgrades & Downgrades - 29th of April 2024 V2(+)

>>> Up
* Alfen Raised to Buy at KBC Securities (+)
* Apetit Raised to Accumulate at Inderes; PT 15.50 euros
* Befesa Raised to Equal-Weight at Morgan Stanley; PT 29 euros
* Betsson Raised to Buy at ABG; PT 145 kronor
* Boozt Raised to Buy at Kepler Cheuvreux; PT 145 kronor (+)
* Eastman Chemical Raised to Buy at Jefferies; PT $125
* Electrolux Raised to Buy at Handelsbanken (+)
* Enea Raised to Buy at ABG; PT 70 kronor
* Freeport Raised to Outperform at CICC; PT $54.50
* Holmen Raised to Hold at DNB Markets; PT 450 kronor
* J. Martins Raised to Overweight at JPMorgan; PT 25.10 euros
* Kitron Raised to Buy at Arctic Securities; PT 35 kroner
* Laurent-Perrier Raised to Neutral at Oddo BHF; PT 130 euros (+)
* Maersk Raised to Buy at ABG; PT 13,260 kroner
* Nordic Semiconductor Raised to Buy at Jefferies; PT 160 kroner
* Saab Raised to Buy at Carnegie; PT 1,030 kronor (+)
* Sabre Insurance Raised to Buy at Peel Hunt; PT 210 pence
* UBS Raised to Neutral at Grupo Santander; PT 25.53 Swiss francs

>>> Down
* Bittium Cut to Reduce at Inderes; PT 6.50 euros
* Dios Cut to Hold at Pareto Securities; PT 86 kronor
* F-Secure Cut to Hold at SEB Equities; PT 2.20 euros
* F-Secure Cut to Accumulate at Inderes; PT 2.30 euros
* Grieg Seafood Cut to Hold at Fearnley; PT 76 kroner (+)
* Kesla Cut to Sell at Inderes; PT 3.80 euros
* Kjell Group Cut to Hold at Nordea
* Lululemon Cut to Equal-Weight at Barclays; PT $395
* Purmo Group Cut to Reduce at Inderes; PT 9.91 euros
* Rovi Cut to Neutral at JB Capital Markets; PT 92.20 euros
* Schibsted Cut to Hold at Deutsche Bank (+)
* Siltronic Cut to Hold at Hauck & Aufhaeuser; PT 74 euros (+)
* Terveystalo Cut to Accumulate at Inderes; PT 9.20 euros
* Tesla Cut to Reduce at Phillip Secs; PT $145
* Ulta Beauty Cut to Equal-Weight at Barclays; PT $434
* Umicore Cut to Underperform at Oddo BHF; PT 19 euros
* Wartsila Cut to Reduce at Inderes; PT 16.50 euros
* Yara Cut to Hold at ABG; PT 325 kroner

>>> Initiation
* AO World Rated New Buy at Deutsche Bank; PT 120 pence (+)
* Boohoo Rated New Sell at Deutsche Bank; PT 27 pence (+)
* Cherry Reinstated Buy at Hauck & Aufhaeuser; PT 4 euros (+)
* Currys Rated New Hold at Deutsche Bank; PT 58 pence (+)
* Dr Martens Rated New Hold at Deutsche Bank; PT 65 pence (+)
* Douglas Rated New Buy at Citi; PT 31 euros
* Douglas Rated New Buy at Goldman; PT 38 euros
* Douglas Rated New Buy at Jefferies; PT 28 euros
* Douglas Rated New Buy at Deutsche Bank; PT 32 euros (+)
* Frasers Group Rated New Buy at Deutsche Bank; PT 1,000 pence (+)
* JD Sports Rated New Hold at Deutsche Bank; PT 115 pence (+)
* Moonpig Rated New Hold at Deutsche Bank (+)
* Mothercare Rated New Buy at Deutsche Bank; PT 12 pence (+)
* Motorpoint Rated New Buy at Deutsche Bank; PT 170 pence (+)
* Serco Reinstated Buy at HSBC; PT 210 pence
* Watches of Switzerland Rated New Hold at Deutsche Bank (+)

>>> Call
* Befesa Loses Only Sell as Morgan Stanley Upgrades After Pullback
* Betsson’s Resilience Not Fully Appreciated, Raised to Buy at ABG
* Goldman Strategists See ‘Good’ European Earnings Season So Far
* JD Sports Cut at Barclays, Sees Execution Risk From Hibbett Deal
* JPMorgan Stock Strategists See Improving Risk-Reward in Europe (+)
* Maersk Raised to Buy at ABG Sundal Collier, Stock Too Cheap (+)
* Morgan Stanley Strategists See Valuation Pressure from Rates
* Nordic Semi Raised at Jefferies, Key Beneficiary of IoT Trend
* Philips Settlement Should Be Well Received, Morgan Stanley Says (+)
* Unicaja Has Bottom-Line Beat in First Quarter: Morgan Stanley (+)