>>> Europe : Brokers Upgrades & Downgrades - 7th of April 2023

>>> Up
* TUI Raised to Neutral at Citi; PT 8.55 euros
* Wihlborgs Raised to Neutral at Kempen & Co; PT 80 kronor

>>> Down
* Beiersdorf Cut to Hold at SRH AlsterResearch; PT 130 euros
* Hensoldt Cut to Hold at Kepler Cheuvreux; PT 33 euros
* SBB Cut to Sell at Kempen & Co; PT 11 kronor

>>> Initiation
* Equinor ADRs Rated New Buy at Baptista Research; PT $36.40
* HUTCHMED China Rated New Buy at Citic Securities

>>> Call