>>> Europe : Brokers Upgrades & Downgrades - 8th of August 2023

>>> Up
* Demant Raised to Buy at Nordea; PT 310 kroner
* Europris Raised to Buy at SpareBank; PT 72 kroner
* Haleon Raised to Hold at Investec; PT 320 pence
* Norrhydro Group Raised to Accumulate at Inderes; PT 2.60 euros
* Viafin Service Raised to Accumulate at Inderes; PT 14 euros

>>> Down
* Barclays Cut to Neutral at BNPP Exane
* Freshpet Cut to Neutral at JPMorgan; PT $84
* Topdanmark Cut to Neutral at Mediobanca SpA; PT 335 kroner
* Virgin Money UK Cut to Underperform at BNPP Exane

>>> Initiation
* Cerillion Rated New Add at Numis; PT 1,350 pence
* Deliveroo Rated New Buy at Panmure Gordon; PT 166 pence
* DS Smith Reinstated Equal-Weight at Barclays; PT 310 pence
* Huhtamaki Rated New Equal-Weight at Barclays
* Just Eat Takeaway Rated New Hold at Panmure Gordon
* Mondi Reinstated Equal-Weight at Barclays; PT 1,300 pence
* SIG Group Reinstated Underweight at Barclays; PT 19 Swiss francs
* Smurfit Kappa Rated New Overweight at Barclays; PT 3,830 pence

>>> Call
* Citi’s Montagu Says Stock Futures’ Long Positioning Moderates
* Smurfit New Overweight, DS Smith, Mondi Equal-Weight at Barclays