>>> Europe : Brokers Upgrades & Downgrades - 29th of Sept 2026

>>> Up
* Amgen PT Raised to $500 from $450 at Scotiabank
* Bridgepoint PT Raised to 485 pence from 390 pence at Jefferies
* Bureau Veritas Raised to Overweight at JPMorgan; PT 34 euros
* Fabege Raised to Hold at ABG; PT 70 kronor
* Iberdrola Raised to Buy at Deutsche Bank; PT 22 euros
* Kri-Kri Raised to Buy at ResearchGreece; PT 41.30 euros
* Norion Bank Raised to Buy at SEB Equities; PT 81 kronor
* Swiss Watchdog Ends Enforcement Proceeding Against Julius Baer

>>> Down
* Billerud Cut to Hold at Jefferies; PT 90 kronor
* Eurofins Scientific Cut to Market Perform at Bernstein
* Evolution Cut to Neutral at BNP Paribas; PT 885 kronor
* PepsiCo Cut to Neutral at JPMorgan; PT $138
* Pihlajalinna Cut to Accumulate at Inderes; PT 12 euros
* Rentokil Cut to Equal-Weight at Morgan Stanley; PT 420 pence

>>> Initiation
* Accelleron Rated New Underweight at Barclays; PT 62 Swiss francs
* Avax SA Rated New Buy at Alpha Finance; PT 5.10 euros
* KGHM Rated New Neutral at Oddo BHF; PT 360.07 zloty
* Kongsberg Maritime ASA Rated New Overweight at Barclays
* OMC Tankers GDRs Rated New Buy at SB1 Markets; PT 47 kroner
* SpaceX Rated New Buy at TD Cowen on ‘Unprecedented’ Opportunity
* Trustpilot Rated New Buy at Citi; PT 375 pence

>>> Call
* Accelleron Initiated With ‘Contrarian’ Underweight at Barclays
* Bureau Veritas Positioned for Growth Trends, JPMorgan Upgrades
* Carvana Best Positioned to Weather AI Disruption: Morgan Stanley
* KGHM New Neutral at Oddo BHF, Polish Cost Structure a Drag
* Kongsberg Maritime Overweight at Barclays on Cycle Positioning
* Metro Russia Says Temporary Mgmt Aimed to Ensure Security: RBC
* Richemont on Positive Catalyst Watch at JPMorgan Into Results
* Tesla Falls as Price Target, 3Q Estimates Cut at JPMorgan