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

>>> Up
* Ageas Raised to Neutral at Goldman; PT 52.50 euros
* Boliden Raised to Sector Perform at RBC; PT 330 kronor (+)
* On The Beach Raised to Buy at Berenberg; PT 180 pence
* Fresnillo Raised to Outperform at RBC; PT 700 pence (+)
* Renault Raised to Buy at Goldman; PT 70 euros
* Rockwool Raised to Equal-Weight at Morgan Stanley
* Sandnes Sparebank Raised to Buy at SpareBank; PT 109 kroner
* SpareBank 1 Nordmoere Raised to Buy at SpareBank; PT 145 kroner
* Sparebanken Ost Raised to Buy at SpareBank; PT 62 kroner
* SpareBank 1 Ringerike Hadeland Raised to Buy at SpareBank
* Swiss Re Raised to Buy at HSBC; PT 135 Swiss francs
* Tauron Raised to Buy at Citi; PT 5.20 zloty
* United Airlines Raised to Buy at Jefferies; PT $65

>>> Down
* American Air Cut to Hold at Jefferies; PT $12
* DELIVERY HERO CUT TO EQUAL-WEIGHT AT MORGAN STANLEY
* Eurogroup Laminations Rated New Neutral at Mediobanca SpA
* Matas Cut to Hold at SEB Equities; PT 130 kroner (+)
* Mobico Group Cut to Hold at Berenberg
* PGE Cut to Sell at Citi; PT 6.70 zloty
* RS Group Cut to Hold at Liberum; PT 800 pence (+)
* Verbund Cut to Reduce at Erste Group; PT 70.80 euros

>>> Initiation
* Cadeler Rated New Buy at Nordea; PT 87 kroner
* DG Innovate Rated New Corporate at Finncap; PT 0.25 pence
* Schaeffler Reinstated Buy at Citi; PT 8.10 euros
* Schibsted Re-Initiated Buy at Carnegie; PT 474 kroner (+)
* Schneider Electric Resumed Equal-Weight at Morgan Stanley
* Suess MicroTec Rated New Buy at Berenberg; PT 71 euros
* Syensqo Rated New Buy at UBS; PT 119 euros
* Vitesco Reinstated Buy at Citi; PT 92 euros

>>> Call
* Boliden Upgraded After Tara Restart Removes Key Uncertainty: RBC (+)
* Delivery Hero, Jahez Cut at Morgan Stanley, Deliveroo Top Pick
* Mobico Group Cut to Hold at Berenberg, Upside Still ‘Opaque’
* Fresnillo Upgraded and Could Rise Over 20% in Coming Year: RBC (+)
* Rockwool Upgraded at Morgan Stanley on Better Pricing Resilience
* Schneider Electric Equal-Weight at Morgan Stanley, Balanced Risk
* Suess MicroTec a Leader in Niche Markets, New Buy at Berenberg
* Syensqo Initiated Buy at UBS, Valuation Discount Too Wide (+)