>>> Europe : Brokers Upgrades & Downgrades - 9th of November 2022 V2(+)

>>> Up
* Handelsbanken Raised to Buy at AlphaValue/Baader
* Intercos Raised to Overweight at Morgan Stanley; PT 14 euros
* Jupiter Raised to Equal-Weight at Barclays; PT 110 pence
* Koenig & Bauer Raised to Buy at Hauck & Aufhaeuser (+)
* Relais Group Raised to Buy at Inderes; PT 13 euros
* SpareBank 1 Nord Norge Raised to Buy at Pareto Securities
* Spire Healthcare Raised to Buy at Peel Hunt

>>> Down
* Arctic Fish Holding Cut to Hold at DNB Markets; PT 115 kroner
* Azoty Cut to Sell at Erste Group; PT 26.40 zloty (+)
* Bakkafrost Cut to Hold at Pareto Securities; PT 540 kroner
* Deutsche Post Cut to Neutral at JPMorgan; PT 41.50 euros
* Handelsbanken Cut to Neutral at Citi; PT 110 kronor
* Martela Cut to Reduce at Inderes; PT 2.80 euros
* Krones Cut to Hold at HSBC; PT 110 euros
* MPC Energy Solutions Cut to Neutral at SpareBank; PT 17 kroner

>>> Initiation
* Abo Group Environment Rated New Buy at Gilbert Dupont
* Liontrust Rated New Overweight at Barclays; PT 1,130 pence
* Saipem Resumed Overweight at JPMorgan; PT 1.75 euros

>>> Call
* Adidas 3Q Shows China Pressures, Resilience Elsewhere: Jefferies (+)
* Citi Positive on Nordic Banks’ Outlook, Cuts Handelsbanken
* Intercos Raised at Morgan Stanley on Improving Fundamentals (+)