>>> Europe : Brokers Upgrades & Downgrades - 31st of July 2024 V3(++)

>>> Up
* Ageas Raised to Neutral at UBS (++)
* Campari Raised to Buy at Equita; PT 10 euros (++)
* Ebro Foods Raised to Buy at UBS; PT 19.40 euros (++)
* Fluidra Raised to Buy at Jefferies; PT 26 euros
* Gecina Raised to Buy at Jefferies; PT 120 euros
* L'Oreal Raised to Buy at CIC (++)
* LondonMetric Raised to Buy at Citi; PT 251 pence
* Spectris Raised to Neutral at JPMorgan; PT 2,950 pence
* Volvo Raised to Add at AlphaValue/Baader (++)

>>> Down
* Albemarle Cut to Hold at Berenberg
* DBV Tech Cut to Hold at Portzamparc; PT 3 euros (+)
* Euronext Cut to Sell at Goldman; PT 85 euros
* Faron Pharma Cut to Accumulate at Inderes; PT 210.64 pence
* Great Portland Cut to Sell at UBS; PT 335 pence (++)
* Sampo Cut to Reduce at OP Corporate Bank; PT 41 euros (++)
* Thyssenkrupp Nucera Cut to Underperform at Grupo Santander

>>> Initiation
* 1Spatial Rated New Buy at Canaccord; PT 105 pence (+)
* Cinclus Pharma Holding Rated New Buy at ABG; PT 80 kronor

>>> Call
* Barclays’ Cau Says Stocks Exposure Is ‘Cleaner’ But Remains High (+)
* Fluidra Upgraded to Buy at Jefferies Ahead of 2Q Results (++)
* Nestle Upgraded to Hold at Jefferies, Downside Now Limited
* Scor Faces Multiple Uncertainties, Citi Downgrades to Neutral