>>> Europe : Brokers Upgrades & Downgrades - 8th of April 2022 V2(+)

>>> Up
* CTS Eventim Raised to Buy at Berenberg; PT 80 euros
* Ericsson Raised to Outperform at Grupo Santander; PT 106 kronor
* Eurofins Scientific Raised to Hold at HSBC; PT 92 euros
* Fraport Raised to Neutral at Exane; PT 50 euros (+)
* K+S Raised to Overweight at JPMorgan; PT 44.50 euros
* Kone Raised to Buy at Handelsbanken
* Moncler Raised to Overweight at Barclays; PT 60 euros
* Petrofac Raised to Outperform at Exane; PT 140 pence (+)
* Reevo Raised to Outperform at EnVent S.p.A.; PT 17.50 euros
* Sodexo Raised to Outperform at RBC; PT 83 euros
* Volution Raised to Buy at Jefferies; PT 480 pence
* Zurich Airport Raised to Outperform at Exane (+)

>>> Down
* BASF Cut to Add at Baader Helvea; PT 60 euros
* CMC Markets Cut to Hold at Numis; PT 260 pence (+)
* Covestro Cut to Add at Baader Helvea; PT 53 euros
* Credit Agricole Cut to Hold at Jefferies; PT 11.20 euros
* Fine Foods & Pharma Cut to Accumulate at Banca Akros (+)
* Fuchs Petrolub Cut to Add at Baader Helvea; PT 40 euros
* Galp Cut to Underweight at Morgan Stanley; PT 12.20 euros
* Intertek Cut to Hold at HSBC; PT 5,700 pence
* Inwido Cut to Sell at Handelsbanken
* K+S Cut to Add at Baader Helvea; PT 33 euros
* Lanxess Cut to Add at Baader Helvea; PT 69 euros
* Manitowoc Co Cut to Neutral at Baird; PT $16
* Mondi Cut to Equal-Weight at Morgan Stanley; PT 1,500 pence
* Nokia Cut to Hold at Handelsbanken
* Oshkosh Cut to Neutral at Baird; PT $92
* SGS Cut to Hold at HSBC; PT 2,860 Swiss francs
* Sika Cut to Add at Baader Helvea; PT 365 Swiss francs
* SocGen Cut to Hold at Jefferies; PT 25 euros

>>> Initiation
* Alfen Rated New Hold at Jefferies; PT 95 euros
* Grifols Reinstated Equal-Weight at Morgan Stanley; PT 20 euros

>>> Call
* Alstom, Vestas Top Picks for Citi With Focus on Downside Risk (+)
* European Machinery Focus Turning to 2023 Prospects, Citi Says (+)
* Credit Agricole’s BPM Deal Shows Value is in Fundamentals: BofA
* EU Consumer Staples Need Margin Resilience to Justify Valuation
* Europe to Become World’s Fastest-Growing LNG Market, BofA Says
* CTS Eventim Up to Buy on Better Events Outlook, Berenberg Says
* Kloeckner Showing Signs of ‘Promising Steel Year’: Deutsche Bank (+)
* SocGen, Credit Agricole Cut at Jefferies on Russia Exposure
* Sodexo Raised at RBC After Partly ‘Irrational’ Share Drop (+)