>>> Europe : Brokers Upgrades & Downgrades - 7th of March 2022 V2(+)

>>> Up
* Adevinta Raised to Hold at Berenberg; PT 88 kroner
* AngloGold ADRs Raised to Overweight at JPMorgan; PT $24.20
* Bunzl Raised to Neutral at Credit Suisse; PT 2,900 pence
* Empiric Student Raised to Buy at Berenberg; PT 100 pence (+)
* Epiroc Raised to Buy at Nordea; PT 220 kronor (+)
* Eramet Raised to Add at AlphaValue/Baader (+)
* ITV Raised to Neutral at Goldman; PT 94 pence
* SocGen Raised to Hold at Berenberg; PT 25.50 euros
* Solaria Energia Raised to Outperform at RBC; PT 19 euros
* Taylor Wimpey Raised to Buy at Peel Hunt; PT 180 pence
* U.S. Steel Raised to Equal-Weight at Morgan Stanley; PT $31

>>> Down
* Carlsberg Cut to Neutral at Citi
* Jupiter Cut to Hold at Peel Hunt; PT 220 pence
* Mosaic Cut to Hold at HSBC; PT $57
* Philip Morris Cut to Neutral at JPMorgan; PT $110
* Suedzucker Cut to Sell at M.M. Warburg; PT 9 euros (+)
* Telecom Italia Cut to Reduce at New Street Research (+)
* Vopak Downgraded to Hold at Jefferies on ‘Looming’ Overcapacity

>>> Initiation
* FirstGroup Rated New Hold at Investec; PT 99 pence
* National Express Rated New Buy at Investec; PT 342 pence
* Stagecoach Rated New Buy at Investec; PT 123 pence

>>> Call
* Bernstein Strategists See Slowdown Likely on High Energy Costs (+)
* Carlsberg, Coca-Cola HBC May Have More Downside on Russia: Citi
* Citi Says Negative Earnings Revisions a Game Changer for Stocks
* Jupiter Rating, Estimates Cut at Peel Hunt on Difficult Outlook
* S&P 500 Targets Are Being Slashed as Oil’s Surge Roils Markets
* Vopak Downgraded to Hold at Jefferies on ‘Looming’ Overcapacity