>>> Europe : Brokers Upgrades & Downgrades - 3rd of September 2024

>>> Up
* Abercrombie & Fitch PT Raised to $220 from $215 at Jefferies
* Azelis Raised to Buy at Jefferies; PT 24 euros
* Bank of America Raised to Buy at Deutsche Bank; PT $45
* Barratt Raised to Overweight at Barclays; PT 641 pence
* Coca-Cola Femsa ADRs Raised to Buy at Goldman; PT $113.70
* Deutsche Bank Raised to Overweight at Barclays; PT 22 euros
* Draegerwerk Raised to Hold at Jefferies; PT 47 euros
* HgCapital Raised to Overweight at Barclays; PT 600 pence
* Hikma Raised to Buy at Berenberg; PT 2,400 pence
* Hiscox Raised to Outperform by Keefe, Bruyette & Woods, Raised to 1,325p From 1,030p by Keefe, Bruyette & Woods
* IMCD Raised to Buy at Jefferies; PT 170 euros
* Munters Raised to Buy at Jefferies; PT 260 kronor
* SwedenCare Raised to Buy at Jefferies; PT 64 kronor
* Trelleborg Raised to Overweight at Barclays; PT 470 kronor
* Unity Software Raised to Overweight at Morgan Stanley; PT $22
* Wells Fargo Raised to Buy at Deutsche Bank; PT $65

>>> Down
* Adesso SE Cut to Hold at Jefferies; PT 75 euros
* Alphabet PT Cut to $190 from $205 at Morgan Stanley
* Ence Cut to Hold at Jefferies; PT 3.50 euros
* HarbourVest Global Cut to Equal-Weight at Barclays
* JPMorgan Cut to Hold at Deutsche Bank; PT $235
* Kempower Cut to Reduce at Inderes; PT 10 euros
* Novartis Cut to Hold at Jefferies; PT 105 Swiss francs
* Novartis ADRs Cut to Hold at Jefferies; PT $123.50
* S Immo Cut to Accumulate at SRC Research; PT 24 euros
* Simon Property Cut to Neutral at Piper Sandler; PT $175

>>> Initiation
* AFRY Rated New Buy at Jefferies; PT 270 kronor
* Elekta Reinstated Hold at Nordea
* Judges Scientific Rated New Buy at Jefferies; PT 12,230 pence
* Puig Rated New Neutral at Alantra Equities; PT 26.45 euros
* Sartorius Rated New Sector Perform at RBC; PT 295 euros
* Sartorius Stedim Rated New Outperform at RBC; PT 270 euros
* Soho House Resumed Equal-Weight at Morgan Stanley; PT $5.50
* Sweco Rated New Hold at Jefferies; PT 180 kronor

>>> Call
* Afry Started With Buy Rating, Sweco Initiated Hold at Jefferies
* Hikma Upgraded to Buy at Berenberg on Stronger Growth Outlook
* Azelis, IMCD Raised at Jefferies on ‘Green Shoots’ of Recovery
* Novartis Cut to Hold at Jefferies as Nearer Term Upside Capped