>>> Europe : Brokers Upgrades & Downgrades - 3rd of April 2024 V2(+)

>>> Up
* Acciona Energia Raised to Neutral at Citi; PT 20 euros (+)
* Fortnox Raised to Buy at DNB Markets; PT 85 kronor (+)
* JOST Werke SE Raised to Buy at Quirin Privatbank AG; PT 53 euros
* Konecranes PT Raised to 64 euros from 57 euros at Nordea (+)
* Lindab PT Raised to 270 kronor from 240 kronor at Nordea (+)
* Rheinmetall PT Raised to 705 euros at Bankhaus Metzler
* Santander Raised to Buy at DZ Bank; PT 5.30 euros (+)
* Segro Raised to Overweight at Barclays; PT 1,000 pence
* UPS Raised to Buy at Redburn; PT $150
* WDP Raised to Overweight at Barclays; PT 29.50 euros

>>> Down
* Axfood Cut to Hold at Carnegie
* Civitanavi Systems Cut to Hold at Berenberg
* CTS Eventim Cut to Neutral at Redburn; PT 84 euros (+)
* Idorsia PT Cut to 1 Swiss franc at Morgan Stanley
* Intrum Cut to Sell at ABG; PT 20 kronor
* Iren Cut to Neutral at Mediobanca SpA; PT 2.70 euros
* Kitron Cut to Hold at Arctic Securities; PT 37 kroner (+)
* Nordic Semiconductor Cut to Sell at Arctic Securities
* Pattern Cut to Neutral at Corporate Family Office; PT 7 euros
* Rovi Cut to Neutral at Oddo BHF; PT 83 euros
* Scor Cut to Neutral at Mediobanca SpA; PT 35 euros (+)
* Sparebank 1 Oestlandet Cut to Hold at Carnegie (+)
* SSAB Cut to Hold at Handelsbanken (+)
* Tesla PT Cut to $160 from $180 at Cowen
* Topps Tiles Cut to Hold at Liberum; PT 40 pence (+)
* Verbund Cut to Sell at Stifel; PT 55 euros

>>> Initiation
* Eurogroup Laminations Rated New Buy at Equita; PT 5.30 euros (+)
* Eutelsat Reinstated Underperform at Oddo BHF; PT 3 euros
* First Solar Rated New Add at Huatai Research; PT $182
* Hemnet Rated New Outperform at BNPP Exane; PT 440 kronor
* Implenia Rated New Outperform at Oddo BHF; PT 41 Swiss francs (+)
* Ignitis Grupe AB Rated New Sponsored at Norne Securities (+)
* Interparfums Rated New Buy at Stifel; PT 62 euros
* Victrex Reinstated Buy at Investec; PT 1,538 pence

>>> Call
* Citi’s Montagu Says Equity Flows Indicate Room for Further Gains (+)
* Genmab’s ProfoundBio Deal Will Boost Pipeline, Kempen Says (+)
* Infineon Upgraded at Morgan Stanley With Bad News Priced In
* Morgan Stanley’s Shalett Says Stay Clear of ‘Overbought’ S&P 500
* Scandic Cut at Morgan Stanley, Positive on Accor and Whitbread
* Scandic Downgraded at Morgan Stanley: Europe Research Digest (+)
* Segro, De Pauw Upgraded at Barclays on Warehouse Outlook (+)
* Soitec Downgraded at Morgan Stanley on Inventory Correction