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

>>> Up
* BP ADRs Raised to Buy at TD; PT $44
* Ence Raised to Outperform at Oddo BHF; PT 4.50 euros
* Focus Entertainment Raised to Buy at Berenberg; PT 65 euros
* Trustpilot Raised to Overweight at JPMorgan

>>> Down
* Bodycote Cut to Sell at Panmure Gordon; PT 543 pence
* HelloFresh Cut to Neutral at Credit Suisse
* Kingfish Cut to Hold at DNB Markets; PT 12.40 kroner
* Kone Cut to Underperform at Exane; PT 43 euros
* Kruk Cut to Neutral at Citi; PT 355 zloty
* Nokian Renkaat Cut to Hold at DNB Markets; PT 10.50 euros
* Nokian Renkaat Cut to Sell at SEB Equities; PT 9 euros
* Nordic Semiconductor Cut to Sell at Nordea; PT 120 kroner
* Roku Cut to Sell at CFRA on Challenging Fundamentals in 2023
* Synlab Cut to Equal-Weight at Barclays; PT 9 euros
* Synlab Cut to Hold at HSBC; PT 10 euros
* Thule Cut to Hold at SEB Equities; PT 275 kronor
* Volvo Cut to Hold at Jefferies; PT 205 kronor

>>> Initiation
* Costco Rated New Equal-Weight at Barclays; PT $510
* Disney Rated New Buy at Accountability Research; PT $130
* Dollar General Rated New Equal-Weight at Barclays; PT $237
* Dollar Tree Rated New Equal-Weight at Barclays; PT $145
* Lowe's Rated New Equal-Weight at Barclays; PT $215
* Overstock Rated New Equal-Weight at Barclays; PT $23
* Target Rated New Equal-Weight at Barclays; PT $163

>>> Call
* Ence Upgraded at Oddo, Sees Value Unlocked on Pontevedra Ruling
* Equinor Earnings and Payouts Ahead of Expectations, RBC Says
* European Truckmakers Still Have Supply Chain Issues: Jefferies
* HelloFresh Cut and PT Slashed at CS on Tough Near-Term Outlook
* SocGen Earnings Strong, Distribution Only Negative: Jefferies
* Trustpilot Reaching Ebitda Turning Point, JPMorgan Upgrades