>>> Europe : Brokers Upgrades & Downgrades - 29th of January 2025

>>> Up
* Brooks Macdonald Raised to Buy at Shore Capital; PT 1,900 pence
* Carl Zeiss Meditec Raised to Neutral at Goldman; PT 60 euros
* Elisa Raised to Accumulate at Inderes; PT 48 euros
* EssilorLuxottica Raised to Outperform at RBC; PT 290 euros
* ID Logistics Group SACA Raised to Buy at Stifel; PT 475 euros
* Revenio Raised to Buy at SEB Equities; PT 35 euros

>>> Down
* Atlas Copco Cut to Hold at Nordea
* Hexagon Cut to Reduce at Inderes; PT 120 kronor
* LVMH Cut to Neutral at Grupo Santander; PT 686 euros
* Magyar Telekom Cut to Hold at Erste Group; PT 1,450 forint
* Zealand Pharma Cut to Hold at SEB Equities; PT 800 kroner

>>> Initiation
* Hafnia Rated New Neutral at SpareBank; PT 63 kroner
* HIK IM Rated New Outperform at EnVent S.p.A.; PT 1.20 euros
* Mitie Rated New Buy at Berenberg; PT 160 pence
* Rivian Rated New Underperform at Bernstein
* Scatec Rated New Outperform at Oddo BHF; PT 105 kroner
* Serco Rated New Buy at Berenberg; PT 200 pence
* Vitrolife Reinstated Buy at Nordea; PT 272 kronor
* Zurich Airport Rated New Hold at Jefferies; PT 236 Swiss francs

>>> Call
* DeepSeek May Catalyze European Stocks Relative Performance: Citi
* JPMorgan Sees Cheap AI Models as Net Positive for Global Stocks