>>> Europe : Brokers Upgrades & Downgrades - 7th of October 2022

>>> Up
* Ashtead Raised to Buy at Liberum; PT 4,900 pence
* Renault Raised to Outperform at Oddo BHF; PT 55 euros

>>> Down
* Bradesco ADRs Cut to Neutral at JPMorgan
* Home24 Cut to Hold at Jefferies; PT 7.50 euros

>>> Initiation
* Bytes Technology Rated New Neutral at Citi; PT 425 pence
* Knaus Tabbert Rated New Buy at Raiffeisen Bank; PT 37.50 euros

>>> Call
* Ashtead Raised to Buy, Added to Most Preferred List at Liberum
* London Offices, Weak Retail Balance Sheets Are MS Property Ideas
* Maersk Upgraded at Berenberg as ‘Too Compelling to Ignore’
* Ocado PT Cut to Street-Low at MS on Increasing Uncertainties