>>> Europe : Brokers Upgrades & Downgrades - 8th of September 2022

>>> Up
* AIB Group Raised to Buy at Berenberg; PT 3.20 euros
* Coloplast Raised to Buy at Berenberg; PT 1,030 kroner
* Epiroc Raised to Buy at HSBC; PT 200 kronor
* Moderna Raised to Buy at Deutsche Bank
* Munters Raised to Buy at Nordea; PT 102 kronor
* Ocado Raised to Equal-Weight at Barclays; PT 775 pence
* Roche Raised to Buy at Jefferies; PT 375 Swiss francs
* SSP Raised to Add at Numis; PT 245 pence

>>> Down
* AJ Bell Cut to Underperform at Jefferies; PT 220 pence
* Asos Cut to Hold at Jefferies; PT 775 pence
* Atos Cut to Sell at Goldman; PT 8 euros
* Auto Trader Cut to Hold at Peel Hunt; PT 650 pence
* Aveva Cut to Hold at HSBC; PT 3,090 pence
* Clas Ohlson Cut to Hold at Nordea
* GSK ADRs Cut to Hold at Jefferies; PT $34
* GSK Cut to Hold at Jefferies; PT 1,475 pence
* ITV Cut to Underweight at Morgan Stanley; PT 55 pence
* PolyPeptide Group Cut to Equal-Weight at Morgan Stanley
* ProSieben Cut to Underweight at Morgan Stanley; PT 7 euros
* Siegfried Cut to Sector Perform at RBC; PT 860 Swiss francs
* Thales Cut to Hold at SocGen; PT 137 euros

>>> Initiation
* A2A Rated New Equal-Weight at Morgan Stanley; PT 1.35 euros
* AMD Rated New Buy at Stifel; PT $122
* Intel Rated New Hold at Stifel; PT $32
* Krones Rated New Hold at Berenberg; PT 90 euros
* Lattice Semi Rated New Hold at Stifel; PT $60
* Nvidia Rated New Hold at Stifel; PT $165
* Opdenergy Rated New Outperform at Grupo Santander; PT 6.40 euros
* Publicis Resumed Buy at Redburn
* Treatt Rated New Buy at Berenberg; PT 680 pence

>>> Call
* A2A New Equal-Weight at Morgan Stanley With Visibility Limited
* Coloplast Offers Rare Buying Opportunity, Berenberg Upgrades
* Morgan Stanley Stays Defensive in Media, Cuts ProSieben, ITV
* Redburn More Constructive on Ad Agencies, Publicis Resumed Buy