>>> Europe : Brokers Upgrades & Downgrades - 4th of February 2022

>>> Up
* Alphabet Raised to Buy at Phillip Secs; PT $3,493
* Coloplast Raised to Buy at Carnegie; PT 1,100 kroner
* Hexagon Raised to Buy at Handelsbanken; PT 147 kronor
* Nordic Semiconductor Raised to Buy at Pareto Securities
* Ralph Lauren PT Raised to $156 from $141 at Truist Secs
* Rational Raised to Hold at HSBC; PT 760 euros
* S4 Capital Raised to Buy at HSBC; PT 760 pence
* Saras Raised to Overweight at Barclays; PT 90 euro cents
* Simcorp Raised to Buy at ABG; PT 760.04 kroner
* Tullow Raised to Overweight at Barclays; PT 75 pence

>>> Down
* Bavarian Nordic Cut to Market Perform at Cowen
* Boliden Cut to Hold at Handelsbanken; PT 410 kronor
* DEFAMA AG Cut to Hold at SRC Research; PT 29 euros
* EnQuest Cut to Equal-Weight at Barclays; PT 25 pence
* Holcim Cut to Sell at Berenberg
* Mercialys Cut to Neutral at Goldman; PT 10.40 euros
* Meta Platforms Cut to Hold at China Renaissance; PT $280
* Protector Forsikring Cut to Hold at Pareto Securities
* Siemens Gamesa Cut to Underweight at Morgan Stanley; PT 16 euros
* Siemens Energy Cut to Equal-Weight at Morgan Stanley
* Suominen Cut to Reduce at Inderes; PT 4.50 euros
* Swedbank Cut to Hold at SEB Equities; PT 190 kronor

>>> Initiation
* Bango Rated New Buy at Berenberg; PT 300 pence
* flatexDEGIRO Rated New Outperform at Exane; PT 29 euros
* Henkel Reinstated Neutral at Credit Suisse; PT 80 euros
* Shell ADRs Rated New Buy at TD; PT $62
* Shell Rated New Outperform at RBC; PT 2,700 pence

>>> Call