>>> Europe : Brokers Upgrades & Downgrades - 5th of July 2024V2(+)

>>> Up
* Baltic Classifieds Group PT Raised to 329 pence at Deutsche Bank (+)
* Lloyds Raised to Outperform at BNPP Exane; PT 72 pence (+)
* Spirax Group PLC Raised to Neutral at BNPP Exane; PT 8,300 pence
* Tesla Raised to Buy at China Renaissance; PT $282.13

>>> Down
* Aker BP Cut to Hold at DNB Markets; PT 290 kroner
* AT&S Cut to Accumulate at Erste Group; PT 24.30 euros (+)
* Softcat Cut to Underperform at Jefferies; PT 1,490 pence
* Tele2 Cut to Sell at Berenberg; PT 93 kronor
* Verve Group Cut to Accumulate at Inderes; PT 2.56 euros (+)

>>> Initiation
* Capsol Technologies Rated New Buy at Pareto Securities
* Close Brothers Rated New Buy at Deutsche Bank; PT 610 pence (+)
* Fagerhult Group AB Reinstated Buy at ABG; PT 90 kronor
* Grenke Rated New Buy at Hauck & Aufhaeuser; PT 35 euros (+)
* VZ Holding Rated New Add at Baader Helvea; PT 127 Swiss francs

>>> Call
* Goldman Sachs Raises UK Growth Forecast on Labour’s Fiscal Plans (+
* Lloyds Upgraded at BNPP Exane, UK Banks Increasingly Appealing (+)
* Tele2 Gets Only Sell as Berenberg Cautions on Growth Outlook
* UK Utilities Sector Derisked as UK’s Labour Wins, Says JPMorgan (+)