>>> Europe : Brokers Upgrades & Downgrades - 9th of May 2024

>>> Up
* Emerson Electric Raised to Buy at Deutsche Bank; PT $138
* Galp PT Raised to 28 euros from 18 euros at Jefferies
* Match Group PT Cut to $33 from $43 at RBC
* Munich Re PT Raised to 501 euros at Morgan Stanley
* Orsted Raised to Buy at DBS Bank; PT 485 kroner
* Veidekke Raised to Buy at DNB Markets; PT 125 kroner
* Wynn Resorts Raised to Buy at CFRA; PT $126

>>> Down
* Adidas Cut to Hold at DBS Bank; PT 227 euros
* Inter Parfums PT Cut to $151 from $172 at Piper Sandler
* Siemens Energy Cut to Equal-Weight at Barclays; PT 18 euros

>>> Initiation
* ArcelorMittal Rated New Neutral at Goldman; PT 26.60 euros
* ArcelorMittal ADRs Rated New Neutral at Goldman; PT $29.60
* BioMerieux Rated New Overweight at Barclays; PT 120 euros
* DiaSorin SpA Rated New Equal-Weight at Barclays; PT 95 euros
* Hermes Rated New Hold at DBS Bank; PT 2,421 euros
* Kering Rated New Hold at DBS Bank; PT 363.16 euros
* LVMH Rated New Buy at DBS Bank; PT 876.55 euros

>>> Call
* BPER Banca’s Key Trends are Broadly In-Line, Jefferies Says
* Galp PT Raised to Street-High at Jefferies on Namibian Upside