>>> Europe : Brokers Upgrades & Downgrades - 6th of January 2025

>>> Up
* Aker BP Raised to Buy at SEB Equities; PT 260 kroner
* Antin Raised to Buy at Citi; PT 14.90 euros
* AT&T Raised to Outperform at RBC; PT $26
* Barratt Redrow PLC Raised to Buy at Redburn; PT 540 pence
* Boeing Raised to Overweight at Barclays
* Booz Allen Raised to Equal-Weight at Barclays
* CVC Capital Raised to Buy at Citi; PT 25.30 euros
* Diversified Energy PT Raised to $27 from $21 at Truist Secs
* EnQuest Raised to Buy at Jefferies; PT 15 pence
* European Medtech Sector Upgraded at Morgan Stanley, Qiagen Cut
* Experian Raised to Outperform at RBC; PT 4,200 pence
* Hermes Raised to Buy at Stifel; PT 2,560 euros
* IPC Raised to Buy at Jefferies; PT 140 kronor
* Medacta Raised to Overweight at Morgan Stanley
* Persimmon Raised to Buy at Redburn; PT 1,510 pence
* Siemens PT Raised to 245 euros from 215 euros at Berenberg
* Spectris Raised to Buy at HSBC; PT 2,900 pence
* Tesla Raised to Hold at Punto Casa de Bolsa; PT $364.44

>>> Down
* Berkeley Cut to Neutral at Redburn; PT 4,460 pence
* Crest Nicholson Cut to Neutral at Redburn; PT 186 pence
* Energean Cut to Underperform at Jefferies; PT 800 pence
* Equinor Cut to Neutral at SpareBank; PT 290 kroner
* Ocado PT Cut to 230 pence from 235 pence at Morgan Stanley
* Rolls-Royce Cut to Neutral at Citi; PT 641 pence
* Royal Unibrew Cut to Equal-Weight at Barclays; PT 653 kroner
* T-Mobile Cut to Sector Perform at RBC; PT $240
* Unilever Cut to Underperform at RBC; PT 4,000 pence

>>> Initiation
* Bytes Technology Rated New Buy at Investec; PT 600 pence
* Hilton Grand Vacations Rated New Overweight at Morgan Stanley
* Marriott Vacations Rated New Underweight at Morgan Stanley
* Palantir Assumed Underweight at Morgan Stanley; PT $60
* Travel + Leisure Co Rated New Overweight at Morgan Stanley

>>> Call
* European Medtech Sector Upgraded at Morgan Stanley, Qiagen Cut
* Ned Davis Warns It May Cut Exposure to US Equities After Selloff
* Rolls-Royce Shares Downgraded to Neutral at Citi on Valuation
* Unilever’s Outperformance Seems Excessive, RBC Downgrades