>>> Europe : Brokers Upgrades & Downgrades - 7th of April 2025

>>> Up
* Alfen Raised to Buy at Van Lanschot Kempen; PT 16.50 euros
* Bank of America Raised to Overweight at Morgan Stanley; PT $47
* Mondi Raised to Equal-Weight at Barclays; PT 1,100 pence
* Nordnet Raised to Buy at Pareto Securities; PT 267 kronor
* Texas Instruments Raised to Outperform at Baird; PT $175

>>> Down
* Amundi PT Cut to 69 euros from 72 euros at JPMorgan
* Aston Martin Cut to Underperform at Mediobanca SpA; PT 54 pence
* Autostore Cut to Neutral at Citi; PT 9 kroner
* De' Longhi Cut to Underperform at Mediobanca SpA; PT 25 euros
* Endesa Cut to Sell at Citi; PT 20.30 euros
* Enel Cut to Neutral at Citi; PT 7.40 euros
* Goldman Sachs Cut to Equal-Weight at Morgan Stanley; PT $558
* Holmen Cut to Underweight at Barclays; PT 350 kronor
* Leroy Cut to Underweight at Barclays; PT 43 kroner
* Monte Paschi Cut to Equal-Weight at Barclays; PT 7.40 euros
* Mowi Cut to Equal-Weight at Barclays; PT 190 kroner
* Navitas Semiconductor Cut to Underweight at Morgan Stanley
* Nordic Semiconductor Cut to Hold at Pareto Securities
* Porsche Cut to Underperform at Mediobanca SpA; PT 43 euros
* Salmar Cut to Underweight at Barclays; PT 430 kroner
* Starbucks Cut to Neutral at Baird; PT $85
* Stora Enso Cut to Underweight at Barclays; PT 7.50 euros
* Swedbank Cut to Underperform at KBW; PT 225 kronor
* Veolia Cut to Sell at Citi; PT 26.40 euros
* Watches of Switzerland PT Cut to 400 pence at Peel Hunt

>>> Initiation
* Alibaba ADRs Reinstated Outperform at Haitong Intl; PT $165
* Eaton Corp Cut to Neutral at President Capital Management

>>> Call
* Holmen, Stora Enso Downgraded at Barclays on Tariff Exposure
* Evercore ISI Is Latest Firm on Wall Street to Cut S&P 500 Target
* Top Wall Street Bull Stoltzfus Cuts S&P 500 Price Target by 16%