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

>>> Up
* Barry Callebaut Raised to Add at Baader Helvea
* Basic-Fit Raised to Hold at Berenberg; PT 26 euros
* Digital Workforce Services Raised to Buy at Inderes
* Kahoot Raised to Buy at SpareBank; PT 22 kroner
* Scatec Raised to Buy at SpareBank; PT 100 kroner
* Telefonica Deutschland Raised to Overweight at Barclays
* Verbund Raised to Hold at Stifel; PT 78 euros
* Vopak Raised to Neutral at Oddo BHF; PT 23 euros

>>> Down
* British Land Cut to Hold at Liberum; PT 355 pence
* CaixaBank Cut to Market Perform at KBW; PT 4.10 euros
* Caverion Cut to Hold at Inderes; PT 7 euros
* Kahoot Cut to Hold at SEB Equities; PT 23 kroner
* Polar Capital Cut to Hold at Numis; PT 450 pence
* Sainsbury Cut to Neutral at Exane; PT 210 pence

>>> Initiation
* Darktrace Rated New Buy at Numis; PT 520 pence
* IAG Resumed Equal-Weight at Morgan Stanley

>>> Call
* Barry Callebaut Upgraded by Baader With Most Negatives Priced In
* Kion’s Weak Cash Flow Guide Worries, Citi Sees 2023 Improvement