>>> Europe : Brokers Upgrades & Downgrades - 30th of January 2025 V3(++)

>>> Up
* Aena Raised to Overweight at Barclays; PT 228 euros
* Almawave Raised to Buy at Banca Akros (ESN); PT 4 euros (+)
* ASML Raised to Buy at DZ Bank; PT 750 euros
* ASML ADRs PT Raised to $1,250 from $1,000 at Argus (++)
* Ceres Power Raised to Buy at Goldman; PT 220 pence
* Gecina Raised to Buy at HSBC; PT 107 euros
* IBM PT Raised to $275 from $240 at Evercore ISI (+)
* IBM PT Raised to $271 from $246 at Stifel (++)
* LEG Immobilien Raised to Buy at HSBC; PT 92 euros
* Lindt & Spruengli Raised to Buy at Redburn
* Logitech Raised to Buy at Kepler Cheuvreux
* Meta PT Raised to $785 from $690 at TD Cowen
* Netcompany Raised to Buy at SEB Equities; PT 350 kroner
* QleanAir Raised to Buy at Pareto Securities; PT 25 kronor
* Rotork Raised to Buy at Deutsche Bank; PT 405 pence (+)
* SAP ADRs PT Raised to $320 from $265 at Argus
* Sartorius Stedim Raised to Hold at Intron Health; PT 230 euros (+)
* Strix Raised to Buy at Shore Capital (+)
* SSAB Raised to Buy at DNB Markets; PT 65 kronor (+)
* TAG Immobilien Raised to Buy at HSBC; PT 16.50 euros
* Verkkokauppa.com Raised to Accumulate at Inderes; PT 1.90 euros

>>> Down
* Alliance Pharma Cut to Hold at Berenberg
* Avolta AG Cut to Hold at HSBC; PT 43 Swiss francs
* Generali Cut to Neutral at Banca Akros (ESN); PT 29 euros (+)
* Icade Cut to Hold at HSBC; PT 25 euros
* Leonardo Cut to Accumulate at Banca Akros (ESN); PT 32 euros (+)
* Multiconsult Cut to Hold at ABG; PT 215 kroner (+)
* Norconsult Norge Cut to Hold at ABG; PT 46 kroner (+)
* Nvidia PT Cut to $152 from $166 at Morgan Stanley
* Nvidia Cut to Sell at Punto Casa de Bolsa; PT $112
* Richemont Cut to Hold at Bank Vontobel; PT 185 Swiss francs
* Tesla PT Raised to $425 from $365 at Cantor (++)
* Thyssenkrupp Nucera Cut to Sell at Goldman; PT 8.70 euros
* Unibail Cut to Hold at HSBC; PT 85 euros

>>> Initiation
* Havas NV Rated New Neutral at JPMorgan; PT 1.90 euros
* VusionGroup Rated New Outperform at Bernstein; PT 220 euros (++)

>>> Call
* Aena Leads European Airports Higher Following Barclays Upgrade (++)
* Ceres Power Jumps as Goldman Upgrades After Underperformance (++)
* Fevertree’s Molson Coors Deal a ‘Game Changer,’ Jefferies Says (+)
* Rotork Gains as Deutsche Bank Upgrades on Scope for Re-Rating (++)
* Stolt-Nielsen Slips; DNB Sees Low-Quality 4Q Beat, Soft Guidance (++)
* Thyssenkrupp Nucera Slides as Goldman Cuts on US Hydrogen Market (++)
* Vitrolife Gains on 4Q as DNB Highlights Strong Margins (++)