>>> Europe : Brokers Upgrades & Downgrades - 30th of October 2024

>>> Up
* Admiral Raised to Buy at HSBC; PT 3,300 pence
* Alphabet PT Raised to $205 from $190 at Morgan Stanley
* Detection Tech Oy Raised to Accumulate at Inderes; PT 19 euros
* Goodtech Raised to Buy at Norne Securities; PT 12 kroner
* ITM Power Raised to Equal-Weight at Morgan Stanley; PT 40 pence
* Nurminen Logistics Raised to Buy at Inderes; PT 1.05 euros
* Orion Raised to Buy at Nordea; PT 52 euros
* Wartsila Raised to Accumulate at Inderes; PT 19.50 euros

>>> Down
* AMD Cut to Hold at Punto Casa de Bolsa; PT $170.22
* Bechtle Cut to Hold at Berenberg
* Boeing Cut to Market Perform at Bernstein; PT $169
* Bridgepoint Cut to Neutral at Citi; PT 350 pence
* Corbion Cut to Hold at Berenberg
* Cool Cut to Hold at Pareto Securities; PT 110 kroner
* Eurofins Scientific PT Cut to 42 euros at Jefferies
* Finnair Cut to Reduce at Inderes; PT 2.50 euros
* Jyske Cut to Hold at Nordea
* Lloyds Cut to Equal-Weight at Morgan Stanley; PT 65 pence
* Nel Cut to Underweight at Morgan Stanley; PT 3.50 kroner
* Nvidia Cut to Sell at Punto Casa de Bolsa; PT $126.70
* Orkla Cut to Hold at SEB Equities; PT 111 kroner
* REC Silicon Cut to Sell at SpareBank; PT 6.50 kroner

>>> Initiation
* Aurubis Rated New Buy at GBC AG; PT 90 euros
* Brunello Cucinelli Rated New Buy at Berenberg; PT 110 euros
* Clarkson Rated New Buy at Investec; PT 5,076 pence
* Hermes Rated New Buy at Berenberg; PT 2,330 euros
* IAG Rated New Buy at Jefferies; PT 270 pence
* EasyJet Rated New Buy at Jefferies; PT 680 pence
* Fielmann Rated New Buy at GBC AG; PT 75 euros
* Fraport Rated New Buy at GBC AG; PT 67 euros
* Heidelberger Druck Rated New Buy at GBC AG; PT 2.10 euros
* Hornbach Holding Rated New Buy at GBC AG; PT 107.50 euros
* Hypoport Rated New Buy at GBC AG; PT 350 euros
* Indus Holding Rated New Buy at GBC AG; PT 35.70 euros
* Inficon Rated New Hold at Stifel; PT 1,100 Swiss francs
* Kering Rated New Hold at Berenberg; PT 230 euros
* KWS Saat Rated New Buy at GBC AG; PT 80 euros
* Lufthansa Rated New Hold at Jefferies; PT 6.40 euros
* LVMH Rated New Buy at Berenberg
* Moncler Rated New Hold at Berenberg; PT 57 euros
* PVA TePla Rated New Buy at GBC AG; PT 25 euros
* Rational Rated New Buy at GBC AG; PT 1,050 euros
* Renk Group Rated New Buy at GBC AG; PT 33.15 euros
* Richemont Rated New Hold at Berenberg
* Ryanair Rated New Hold at Jefferies; PT 17.10 euros
* StarragTornos Group AG Rated New Add at Baader Helvea
* Swatch Rated New Sell at Berenberg; PT 165 Swiss francs
* United Internet Rated New Buy at GBC AG; PT 32.50 euros
* Wizz Air Rated New Underperform at Jefferies; PT 1,020 pence

>>> Call
* Goldman Says European Small-Cap Stocks Struggle to Outperform