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

>>> Up
* Antin Raised to Overweight at Morgan Stanley; PT 20 euros
* ConvaTec Raised to Hold at HSBC; PT 200 pence
* Duell Raised to Buy at Inderes; PT 1.60 euros
* Elementis Raised to Overweight at JPMorgan; PT 144 pence
* Newmont Corp Raised to Overweight at Barclays; PT $61
* Rotork Raised to Buy at Jefferies; PT 370 pence
* Saint-Gobain Raised to Buy at Stifel; PT 68 euros
* Scatec Raised to Overweight at Barclays; PT 115 kroner
* Wienerberger Raised to Buy at Stifel; PT 37.50 euros

>>> Down
* Atrium Ljungberg Cut to Sell at ABG; PT 170 kronor
* Avance Gas Cut to Hold at Arctic Securities; PT 100 kroner
* BHP Cut to Hold at Berenberg; PT 2,400 pence
* BW LPG Cut to Hold at Arctic Securities; PT 100 kroner
* Dorian LPG Cut to Hold at Arctic Securities; PT $25
* Getinge Cut to Equal-Weight at Morgan Stanley; PT 210 kronor
* United Internet Cut to Hold at HSBC; PT 15 euros
* Vincit Cut to Accumulate at Inderes; PT 4.80 euros
* Zurich Ins. Cut to Neutral at Citi; PT 445 Swiss francs

>>> Initiation
* Fuchs Petrolub Rated New Overweight at Barclays; PT 45 euros
* IBM Rated New Neutral at JPMorgan; PT $145

>>> Call
* Elementis Upgraded at JPMorgan on Better Earnings Backdrop
* GTCR’s Worldpay Takeover; Jefferies Turnaround: Financials Wrap
* Rotork Upgraded to Buy at Jefferies on Healthy Balance Sheet
* Swedish Banks Can Withstand Real Estate Collapse, SEB Says