>>> Europe : Brokers Upgrades & Downgrades - 9th of March 2023 V2(+)

>>> Up
* ABN AMRO GDRs Raised to Market Perform at KBW; PT 19.50 euros
* Bayer Raised to Buy at AlphaValue/Baader
* Deliveroo Raised to Outperform at Credit Suisse; PT 141 pence
* Gerresheimer Raised to Overweight at JPMorgan; PT 144.10 euros
* Hilton Worldwide Raised to Overweight at Barclays
* ITV Raised to Buy at Deutsche Bank
* LVMH Raised to Add at AlphaValue/Baader
* Vimian Raised to Buy at Handelsbanken

>>> Down
* 2020 Bulkers Cut to Hold at SEB Equities; PT 120 kroner
* Care Property Invest NV Cut to Neutral at Oddo BHF; PT 15 euros
* DiaSorin SpA Cut to Underperform at Exane; PT 95 euros
* Etsy Cut to Underperform at Jefferies; PT $85
* Hyatt Cut to Equal-Weight at Barclays
* National Express Cut to Sell at Liberum; PT 115 pence
* Saab Cut to Neutral at Citi; PT 643 kronor
* TX Group Cut to Market Perform at ZKB (+)

>>> Initiation
* Infineon Rated New Buy at Bryan Garnier; PT 40 euros (+)
* Norsk Hydro Rated New Outperform at RBC; PT 90 kroner
* STMicroelectronics Rated New Sell at Bryan Garnier; PT 32 euros (+)

>>> Call
* SEC’s Credit Suisse Accounting Queries Are Negative, RBC Says (+)
* Deliveroo an Unrewarded Outperformer, Upgraded at Credit Suisse
* Deutsche Post Guidance Below Consensus Set to Disappoint: Citi (+)
* Gerresheimer Raised, PT Hiked at JPM on GLP-1 Products Upside
* Hugo Boss Inventory Build Weighs on Earnings, Jefferies Says (+)
* LVMH to Be Major Winner From China Rebound, AlphaValue Upgrades
* National Express Gets Only Sell as Liberum Cites Leverage Issues (+)
* Norsk Hydro New Outperform at RBC on Decarbonization Positioning
* Saab Cut to Neutral at Citi With Good News Now Priced In