>>> Europe : Brokers Upgrades & Downgrades - 6th of December 2024 V2(+)

>>> Up
* Acciona Energia Raised to Overweight at Morgan Stanley
* Atlantic Lithium Raised to Outperform at Macquarie; PT 16 pence
* BMW Raised to Buy at Jefferies; PT 85 euros
* Dormakaba Raised to Add at Baader Helvea; PT 716 Swiss francs
* E.On Raised to Overweight at Morgan Stanley; PT 15 euros
* IMCD Raised to Buy at Kepler Cheuvreux (+)
* Linc Raised to Buy at SEB Equities; PT 89 kronor
* Lululemon PT Raised to $378 from $261 at Barclays (+)
* Lululemon PT Raised to $400 from $350 at KeyBanc (+)
* Lululemon PT Raised to $340 from $260 at Piper Sandler (+)
* Lululemon PT Raised to $414 from $345 at Morgan Stanley (+)
* Metso Raised to Overweight at JPMorgan; PT 11 euros
* Moncler Raised to Buy at Goldman; PT 58.70 euros
* Paragon PT Raised to 950 pence from 905 pence at Peel Hunt (+)
* Scor Raised to Overweight at Morgan Stanley; PT 29 euros
* Swiss Re Raised to Equal-Weight at Morgan Stanley
* TechnipFMC Raised to Buy at Jefferies; PT $40
* Trelleborg Raised to Buy at Nordea; PT 450 kronor

>>> Down
* AJ Bell Cut to Hold at Deutsche Bank (+)
* Boliden Cut to Underperform at RBC; PT 290 kronor
* CVC Capital Cut to Hold at ING; PT 22.40 euros
* Energean Cut to Hold at Berenberg
* Munich Re Cut to Equal-Weight at Morgan Stanley; PT 523 euros
* Orsted Cut to Equal-Weight at Morgan Stanley; PT 480 kroner
* Porsche SE PT Cut to 25 euros from 26 euros at HSBC (+)
* Redeia Cut to Underweight at Morgan Stanley; PT 16 euros
* Safran Cut to Neutral at CIC (+)
* Schindler Cut to Underweight at JPMorgan; PT 245 Swiss francs
* Severn Trent Cut to Hold at Jefferies; PT 2,830 pence
* Spirax Cut to Neutral at JPMorgan; PT 7,800 pence
* United Utilities Cut to Hold at Jefferies; PT 1,190 pence
* XPeng ADRs Cut to Sell at UBS With Momentum Overly Priced In
* Wavestone Cut to Hold at Stifel; PT 45 euros

>>> Initiation
* AO World Rated New Buy at HSBC; PT 125 pence
* FLSmidth Rated New Underweight at Barclays; PT 315 kroner
* Rogaland Sparebank Rated New Buy at Kepler Cheuvreux (+)
* Troax Rated New Buy at SEB Equities; PT 260 kronor

>>> Call
* Andritz Among Top Capital-Goods Picks at JPMorgan, Schindler Cut
* Anglo American Vulnerable to Takeover Bid Next Year, JPM Says (+)
* BMW Now Preferred to Mercedes as Jefferies Switches Ratings
* Boliden Downgraded at RBC on Falling Copper, Zinc Prices (+)
* Dormakaba Loses Only Negative View as Baader Flags Critical Step (+)
* Hannover Re Favored Reinsurer at Morgan Stanley, Scor Overweight
* European Utilities View Downgraded to In-Line at Morgan Stanley
* Trelleborg Positioned for Faster Growth, Raised to Buy at Nordea (+)