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

>>> Up
* Chevron Raised to Buy at DZ Bank; PT $170
* Lufthansa Raised to Equal-Weight at Morgan Stanley; PT 7 euros
* Pennon Raised to Overweight at JPMorgan; PT 700 pence
* SCA Raised to Neutral at JPMorgan; PT 146 kronor
* Severn Trent Raised to Neutral at Citi; PT 2,467 pence
* Severn Trent Raised to Overweight at JPMorgan; PT 2,975 pence
* United Utilities Raised to Buy at Citi; PT 1,137 pence

>>> Down
* Aedas Homes SA Cut to Neutral at JB Capital Markets
* Celanese Cut to Equal-Weight at Wells Fargo; PT $115
* Eckoh Cut to Hold at Peel Hunt; PT 55 pence
* Mobileye Cut to Hold at Spin-Off Research; PT $14
* Ryanair Cut to Hold at Peel Hunt; PT 19.50 euros
* Schneider Electric Cut to Hold at DZ Bank; PT 240 euros
* Schneider Electric ADRs Cut to Hold at Berenberg; PT $55.40

>>> Initiation
* Alleima Rated New Buy at Nordea; PT 96 kronor
* Kainos Rated New Buy at HSBC; PT 1,000 pence
* Rightmove Resumed Equal-Weight at Morgan Stanley; PT 650 pence

>>> Call
* Air France-KLM Downgraded at Morgan Stanley, Lufthansa Raised
* Prysmian’s Margins Near Their Peak, Morgan Stanley Downgrades
* Schneider Electric CEO Exit Unwelcome, Cut to Hold at Berenberg