>>> Europe : Brokers Upgrades & Downgrades - 5th of August 2024

>>> Up
* Celanese Raised to Neutral at JPMorgan; PT $130
* Enersense Raised to Accumulate at Inderes; PT 3.40 euros
* Jardine Matheson Raised to Buy at Citi; PT $40.50
* Lockheed Raised to Outperform at RBC; PT $600
* VAT Raised to Equal-Weight at Barclays; PT 399 Swiss francs

>>> Down
* Albemarle Cut to Neutral at Baird; PT $85
* Greggs Cut to Hold at HSBC; PT 3,350 pence
* Interroll Cut to Underperform at BNPP Exane
* Kempower Cut to Neutral at BNPP Exane; PT 17 euros
* Lloyds Cut to Neutral at Citi; PT 60 pence
* Mobileye Cut to Neutral at BNPP Exane; PT $17
* Pennon Cut to Equal-Weight at Barclays; PT 685 pence
* Severn Trent Cut to Equal-Weight at Barclays; PT 2,500 pence
* Tenaris ADRs PT Cut to $34 from $36 at Morgan Stanley
* United Utilities Cut to Underweight at Barclays; PT 975 pence

>>> Initiation


>>> Call
* Lloyds Cut to Neutral at Citi, NatWest New UK Domestic Bank Pick