>>> Europe : Brokers Upgrades & Downgrades - 9th of October 2024 V2(+)

>>> Up
* Bakkafrost Raised to Buy at Nordea; PT 800 kroner
* K2A Raised to Buy at Kepler Cheuvreux (+)
* Klarabo Sverige Raised to Buy at Kepler Cheuvreux (+)
* Neste Raised to Buy at SEB Equities; PT 20 euros
* NP3 Fastigheter Raised to Hold at Kepler Cheuvreux (+)
* OMV Raised to Neutral at BNPP Exane (+)
* QT Group Raised to Buy at SEB Equities; PT 101 euros

>>> Down
* Aixtron Cut to Hold at Deutsche Bank; PT 18 euros (+)
* BP Cut to Neutral at BNPP Exane (+)
* Develia SA Cut to Accumulate at Erste Group; PT 6.95 zloty (+)
* DocMorris AG Cut to Hold at Berenberg; PT 36 Swiss francs
* Dom Dev Cut to Hold at Erste Group; PT 209.20 zloty (+)
* Exxon Cut to Underperform at BNPP Exane; PT $105 (+)
* Fabege Cut to Hold at Kepler Cheuvreux (+)
* Infineon Cut to Hold at DZ Bank; PT 32 euros (+)
* ING Cut to Hold at Deutsche Bank (+)
* Nestle PT Cut to 85 Swiss francs at JPMorgan (+)
* Outokumpu Cut to Equal-Weight at Morgan Stanley; PT 4.30 euros
* Pennon Cut to Sector Perform at RBC
* Randstad Cut to Add at AlphaValue/Baader
* Repsol Cut to Neutral at BNPP Exane (+)
* Revenio Cut to Hold at SEB Equities; PT 36 euros

>>> Initiation
* Borregaard Rated New Buy at SpareBank; PT 230 kroner
* Delivery Hero Rated New Buy at Stifel; PT 60 euros
* HP Enterprise Rated New Hold at Deutsche Bank; PT $22 (+)
* Just Eat Takeaway Rated New Hold at Stifel; PT 14.80 euros
* Lhyfe SAS Rated New Outperform at RBC; PT 8 euros
* Lonza Rated New Buy at Goldman; PT 645 Swiss francs (+)
* Sulzer Rated New Outperform at Oddo BHF; PT 160 Swiss francs

>>> Call
* Barclays’ Cau Sees Choppy Stocks Amid ‘Tricky’ Earnings Setup (+)
* Continental Pre-Close Call Should Spur Stock Relief: Jefferies (+)
* DocMorris to Continue Losing Market Share, Berenberg Downgrades
* Exane Cuts BP, Repsol to Neutral on Excess Supply in Oil Market (+)
* JPMorgan Slashes Nestle Targets Citing Low Demand, High Costs (+)
* Kering’s New Gucci CEO Has ‘a Lot of Work to Do,’ Says RBC (+)
* Neste Raised to Buy at SEB, Renewables Sentiment Bottoming Out (+)
* Nordex’s 3Q Order Intake Is Modestly Below Expectations: Citi (+)
* Outokumpu Cut at Morgan Stanley, Prefers Carbon Steel Exposure
* Sulzer Rated Outperform at Oddo BHF on Growth Outlook, Valuation (+)
* United Utilities Now Preferred to Pennon as RBC Switches Ratings
* WPP Placed on Positive Watch at Citi, Now on ‘Firmer Footing’