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>>> Europe : Brokers Upgrades & Downgrades - 3rd of August 2022

>>> Up
* BAE Raised to Overweight at JPMorgan; PT 965 pence
* Mondi Raised to Overweight at ABSA Securities; PT 1,671.62 pence
* NatWest Raised to Reduce at AlphaValue/Baader
* Nokian Renkaat Raised to Accumulate at Inderes; PT 12 euros
* Uber PT Raised to $75 from $69 at Evercore ISI
* Sixt Raised to Add at Baader Helvea; PT 140 euros
* Virgin Money UK Raised to Outperform at Macquarie; PT 225 pence

>>> Down
* Ascential Cut to Hold at Berenberg; PT 290 pence
* CENIT AG Cut to Hold at M.M. Warburg; PT 17.70 euros
* Centrica Cut to Neutral at Citi; PT 97p
* Credit Suisse Cut to Sell at Goldman
* EDF Cut to Hold at Jefferies; PT 12 euros
* ITV PT Cut to 56 pence from 66 pence at Berenberg

>>> Initiation
* Bechtle Rated New Neutral at Citi; PT 44 euros

>>> Call
* Bechtle New Neutral at Citi, Outperformance Will Take Time
* ITV PT Cut to 56 pence from 66 pence at Berenberg
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laurent@chekroun.com
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