>>> Europe : Brokers Upgrades & Downgrades - 2nd of March 2023

>>> Up
* Adevinta Raised to Overweight at JPMorgan; PT 105 kroner
* Alcon Raised to Hold at SocGen
* Ambu Raised to Buy at DNB Markets; PT 140 kroner
* FRoSTA Raised to Hold at GSC Research; PT 70 euros
* Solaria Energia Raised to Hold at Renta 4; PT 18 euros
* Wolters Kluwer Raised to Neutral at Exane; PT 105 euros

>>> Down
* Babcock Cut to Neutral at Citi on Risks From Legacy Issues
* Efecte Cut to Reduce at Inderes; PT 12 euros
* Persimmon Cut to Reduce at Numis; PT 1,185 pence

>>> Initiation
* Boliden Rated New Underperform at Credit Suisse; PT 385 kronor
* D'Ieteren Rated New Overweight at Barclays; PT 220 euros
* Norsk Hydro Rated New Outperform at Credit Suisse; PT 86 kroner
* Spie Reinstated Strong Buy at Portzamparc; PT 31.50 euros
* Tomra Rated New Overweight at Barclays; PT 205 kroner

>>> Call
* Evonik Earnings Miss Expectations, Demand Seen Slow: Jefferies
* Morgan Stanley Strategists Say Europe Firms Post Healthy Results
* Norsk Hydro Started Outperform and Preferred to Boliden at CS
* Travis Perkins Lacks Catalysts, Downgraded to Hold at Peel Hunt
* VAT Group’s Lower Guidance Should Not Surprise, Analysts Say
* Workday Cut to Hold at SocGen on Valuation Following Results