>>> Europe : Brokers Upgrades & Downgrades - 8th of June 2026

>>> Up
* Alexandria Group Raised to Accumulate at Inderes; PT 13 euros
* BEWI Raised to Buy at Pareto Securities; PT 22 kroner
* Carlsberg Raised to Buy at ABG; PT 940 kroner
* Clariant Raised to Neutral at Goldman; PT 8.50 Swiss francs
* Crocs Raised to Outperform at Baird; PT $150
* Entra Raised to Buy at ABG; PT 120 kroner
* EQT Raised to Outperform at Oddo BHF; PT 355 kronor
* Givaudan Raised to Buy at Goldman; PT 3,500 Swiss francs
* M6 Raised to Outperform at Oddo BHF; PT 18 euros
* Porsche Raised to Buy at UBS; PT 60 euros
* Remy Cointreau Raised to Neutral at UBS; PT 44 euros

>>> Down
* Ahold Delhaize Cut to Underweight at Morgan Stanley
* Arkema Cut to Neutral at Goldman; PT 63 euros
* CTS Eventim Cut to Underperform at BNP Paribas; PT 54 euros
* DSM-Firmenich Cut to Sell at Goldman; PT 65 euros
* Evonik Cut to Neutral at Goldman; PT 19 euros
* Harbour Energy Cut to Hold at Jefferies; PT 320 pence
* Ninety One Cut to Underperform at Avior Capital Markets
* Partners Group Cut to Neutral at Oddo BHF; PT 920 Swiss francs
* Syensqo Cut to Sell at Goldman; PT 59 euros
* Symrise Cut to Neutral at Goldman; PT 79 euros
* Voestalpine Cut to Neutral at UBS; PT 50 euros

>>> Initiation
* Alleima Rated New Buy at SB1 Markets; PT 110 kronor
* Argenx Reinstated Buy at William O'Neil
* Cerebras Systems Rated New Buy at UBS; PT $300
* Fervo Energy Rated New Buy at Guggenheim; PT $48

>>> Call
* Ahold Delhaize Underweight at Morgan Stanley on Earnings Risk
* Goldman’s Flood Sees Buying Opportunity in Stock Market Selloff
* Prysmian Put on Positive Catalyst Watch at JPMorgan Into Results
* Sartorius Kept at Sell as Mwb Notes 'More Visible' Pharma Capex Risk