>>> Europe : Brokers Upgrades & Downgrades - 6th & 7th of April 2026

>>> Up
* Antofagasta Raised to Reduce at Peel Hunt; PT 3,155 pence
* Carlsberg Raised to Buy at Jyske Bank; PT 1,000 kroner
* DSV Raised to Buy at Citi; PT 1,812 kroner (Monday)
* Evolution Raised to Buy at Pareto Securities; PT 700 kronor
* JCDecaux Raised to Buy at TD Cowen; PT 27 euros (Monday)
* Roche ADRs Raised to Buy at Argus; PT $68.91 (Monday)
* Rocket Lab Raised to Market Outperform at Citizens; PT $85
* Netflix Raised to Buy at Goldman; PT $120 (Monday)
* Yara Raised to Buy at Pareto Securities; PT 650 kroner

>>> Down
* ARM Holdings ADRs Cut to Equal-Weight at Morgan Stanley; PT $150
* Athens Intnl Airport Cut to Hold at HSBC; PT 11.70 euros
* Coloplast Cut to Sell at Goldman; PT 435 kroner
* Nike Cut to Market Perform at CICC; PT $58- (Friday)

>>> Initiation
* Aegon ADRs Rated New Outperform at BNP Paribas; PT $10
* AJ Bell Rated New Outperform at KBW; PT 550 pence
* Avanza Rated New Market Perform at KBW; PT 330 kronor
* AXA ADRs Rated New Outperform at BNP Paribas; PT $57
* *FlatexDEGIRO Started at Outperform by Keefe, Bruyette & Woods
* Galderma Reinstated Buy at William O'Neil (Friday)
* Generali ADRs Rated New Underperform at BNP Paribas; PT $18
* IG Group Rated New Market Perform at KBW; PT 1,480 pence
* KWS Saat Rated New Buy at Dr. Kalliwoda Equity Research
* Munich Re ADRs Rated New Outperform at BNP Paribas; PT $14
* Nordnet Rated New Underperform at KBW; PT 260 kronor
* Swiss Re ADRs Rated New Underperform at BNP Paribas; PT $38.50

>>> Call
* JCDecaux Raised to Buy at TD Cowen as China Returns to Growth
* Morgan Stanley Says US Stocks Near Bottom, Favors Cyclicals (Monday)
* Tech Sector Upgraded at Wells Fargo Institute, Energy Sector Cut (Monday)
* JPMorgan Lowers Tesla Estimates After Delivery Miss (Monday)