>>> Europe : Brokers Upgrades & Downgrades - 6th of February 2023 V3(++)

>>> Up
* Aalberts Raised to Outperform at Oddo BHF; PT 59 euros (+)
* Aedas Homes SA Raised to Hold at Mirabaud Securities (+)
* Alcon PT Raised to 88 Swiss francs at Berenberg
* Alma Media Raised to Buy at Nordea; PT 11.50 euros (+)
* Boeing PT Raised to $240 from $200 at Argus
* CaixaBank Raised to Outperform at KBW; PT 5 euros
* CaixaBank Raised to Outperform at Oddo BHF; PT 4.80 euros (+)
* Floridienne SA/NV Raised to Accumulate at KBC Securities (++)
* Grifols Raised to Buy at AlphaValue/Baader
* Julius Baer PT Raised to 73 Swiss francs at RBC
* Lloyds Bank Raised to Overweight at Barclays; PT 75 pence
* Raisio Raised to Buy at SEB Equities; PT 3 euros
* Scatec Raised to Buy at Kepler Cheuvreux; PT 99 kroner (++)
* Spotify Raised to Overweight at Atlantic Equities; PT $160 (+)
* Suess MicroTec Raised to Neutral at Oddo BHF; PT 20 euros (++)
* Swiss Prime Raised to Outperform at ZKB (+)
* Telenor Raised to Buy at Nordea; PT 131 kroner
* United Bankers Raised to Accumulate at Inderes; PT 16 euros
* Zur Rose Raised to Neutral at Citi; PT 55 Swiss francs
* Zur Rose Raised to Hold at Deutsche Bank; PT 56 Swiss francs (+)

>>> Down
* Addnode Group AB Cut to Hold at Handelsbanken
* Carl Zeiss Meditec Cut to Hold at Berenberg; PT 138 euros
* Cint Cut to Hold at SEB Equities; PT 27 kronor
* Cint Cut to Hold at Nordea (++)
* Consti Cut to Accumulate at Inderes; PT 14.20 euros
* Electrolux Cut to Hold at Pareto Securities; PT 120 kronor (++)
* Hargreaves Lansdown Cut to Underperform at Credit Suisse
* IBM Cut to Hold at Edward Jones
* Industrivarden Cut to Hold at Pareto Securities; PT 310 kronor (++)
* Meta Platforms Cut to Neutral at Phillip Secs; PT $182
* NatWest Cut to Equal-Weight at Barclays; PT 400 pence
* Outokumpu Cut to Reduce at Inderes; PT 4.80 euros
* Pandora Cut to Hold at Jyske Bank; PT 625 kroner (+)
* PayPal Cut to Market Perform at Raymond James (++)
* Vale ADRs Cut to Sector Perform at RBC; PT $15
* Virgin Money UK Cut to Equal-Weight at Barclays; PT 230 pence
* Wienerberger Cut to Hold at Stifel; PT 30 euros

>>> Initiation
* Banca Generali Rated New Buy at Jefferies; PT 41.30 euros
* Banca Mediolanum Rated New Buy at Jefferies; PT 11.40 euros
* Dow Assumed Outperform at Credit Suisse
* Elkem Cut to Hold at SEB Equities; PT 40 kroner (++)
* FinecoBank Rated New Underperform at Jefferies; PT 14.80 euros
* Goosehead Insurance Rated New Outperform at Credit Suisse
* Kinnevik Cut to Sell at Danske Bank Markets; PT 172.90 kronor (++)
* LyondellBasell Assumed Outperform at Credit Suisse
* Meyer Burger Rated New Buy at Goldman
* OVH Rated New Hold at Stifel; PT 18 euros (+)
* Paradox Interactive Reinstated Hold at ABG; PT 210 kronor
* Serco Rated New Buy at Investec; PT 198 pence (++)
* Tate & Lyle Reinstated Buy at Numis; PT 975 pence

>>> Call
* Banca Generali, Mediolanum Preferred to FinecoBank at Jefferies
* CaixaBank Raised to Outperform on Capital Returns View: KBW (+)
* Carl Zeiss Cut at Berenberg on Short-Term Profitability Pressure
* Goldman Strategists Say Potential Upside for S&P 500 Is Limited
* Goldman’s Kostin Says US Stocks Rally Will Fizzle on Growth Risk (++)
* Hargreaves Lansdown Cut at CS on Funds Performance, Competition
* Idorsia’s PT Cut at Vontobel on Disappointing Clazosentan Trial (+)
* Meyer Burger Rated New Buy at Goldman on ‘Booming Demand Ahead’ (+)
* Uber Reaches Deal to Sell Stake in Russia JV to Yandex, RBC Says
* Wienerberger Cut at Stifel on Residential New Build Slowdown (++)
* Zur Rose Raised at Citi as Swiss Sale Increases Germany Focus