>>> Europe : Brokers Upgrades & Downgrades - 6th of September 2023 V2(+)

>>> Up
* Allegro Raised to Overweight at Morgan Stanley; PT 39 zloty
* B&M European Raised to Buy at Shore Capital (+)
* Bakkavor Raised to Buy at Goodbody (+)
* First Solar Raised to Equal-Weight at Morgan Stanley
* Halfords Raised to Buy at Peel Hunt; PT 275 pence (+)
* Krones Raised to Buy at HSBC; PT 124 euros
* Stellantis Raised to Outperform at BNPP Exane; PT $23.60
* UCB Raised to Buy at Deutsche Bank; PT 100 euros

>>> Down
* Accentro Real Estate Cut to Hold at SRC Research; PT 1.50 euros
* Genmab Cut to Sector Perform at RBC; PT 2,900 kroner
* Hikma Cut to Sector Perform at RBC; PT 2,150 pence
* Hochtief Cut to Hold at HSBC; PT 109 euros
* Jungheinrich Cut to Hold at HSBC; PT 33 euros
* PolyPeptide Group Cut to Sell at Mirabaud Securities
* SynAct Pharma Cut to Hold at ABG; PT 17 kronor

>>> Initiation
* Adecco Rated New Hold at SocGen; PT 37 Swiss francs
* Amgen Rated New Buy at HSBC; PT $320
* Biogen Rated New Buy at HSBC; PT $360
* Bluebird Bio Rated New Buy at HSBC; PT $4.21
* Diploma Rated New Overweight at Morgan Stanley; PT 3,725 pence
* Gilead Rated New Reduce at HSBC; PT $71
* J&J Rated New Hold at HSBC; PT $175
* JDE Peet's Cut to Hold at Deutsche Bank; PT 28 euros
* Randstad Rated New Sell at SocGen; PT 45 euros
* Sartorius Rated New Hold at Jefferies; PT 345 euros
* Sartorius Stedim Biotech Rated New Buy at Jefferies
* Siemens Energy Rated New Overweight at Barclays; PT 19 euros
* Vestas Rated New Underweight at Barclays; PT 99 kroner (+)
* Zoetis Rated New Buy at HSBC; PT $230

>>> Call
* Allegro Raised at Morgan Stanley, Deliveroo Food Delivery Pick
* Bakkavor Upgraded to Buy at Goodbody After Encouraging 1H Beat (+)
* Genmab, Hikma Both Downgraded at RBC With Shares at Fair Value
* Goldman Seeing Some Opportunities in China-Exposed Global Stocks
* JPMorgan’s Kolanovic Keeps S&P Year-End Price Target at 4,200
* PolyPeptide Cut to Sell as Mirabaud; Needs to Restore Confidence (+)
* Sartorius Stedim Initiated at Buy, Sartorius a Hold at Jefferies
* WH Smith Has Scope for Future Cash Returns, FY in Line: RBC (+)