>>> US Research Calls

Research Calls I

Upgrades:
BankUnited (BKU) upgraded to Overweight from Equal Weight at Wells Fargo; tgt raised to $48
BASF AG (BASFY) upgraded to Buy from Hold at Jefferies
CCC Intelligent Solutions (CCCS) upgraded to Overweight from Equal-Weight at Morgan Stanley; tgt raised to $15
Cummins (CMI) upgraded to Outperform from In-line at Evercore ISI; tgt raised to $408
Equity Residential (EQR) upgraded to Buy from Hold at Stifel; tgt raised to $81.50
Downgrades:
Angi Inc. (ANGI) downgraded to Neutral from Buy at Citigroup; tgt lowered to $2
Angi Inc. (ANGI) downgraded to Neutral from Buy at Goldman; tgt lowered to $2.50
BioAtla (BCAB) downgraded to Neutral from Buy at H.C. Wainwright
Camden Property (CPT) downgraded to Hold from Buy at Stifel; tgt raised to $121
CareCloud (CCLD) downgraded to Neutral from Buy at ROTH MKM; tgt lowered to $3.50
Caterpillar (CAT) downgraded to Underperform from In-line at Evercore ISI; tgt raised to $365
Coty (COTY) downgraded to Hold from Buy at TD Cowen; tgt lowered to $8.50
Doximity (DOCS) downgraded to Hold from Buy at Canaccord Genuity; tgt raised to $60
Eaton (ETN) downgraded to In-line from Outperform at Evercore ISI; tgt raised to $389
ESAB Corp. (ESAB) downgraded to Underperform from In-line at Evercore ISI; tgt raised to $122
Illinois Tool (ITW) downgraded to Underperform from In-line at Evercore ISI; tgt raised to $255
Int'l Paper (IP) downgraded to Underperform from Neutral at Exane BNP Paribas; tgt $48.20
Others:
Airship AI Holdings (AISP) initiated with a Buy at The Benchmark Company; tgt $6
America's Car-Mart (CRMT) initiated with an Equal-Weight at Stephens; tgt $50
Atlanticus (ATLC) initiated with an Overweight at Stephens; tgt $54
Axalta Coating Systems (AXTA) initiated with an Outperform at Evercore ISI; tgt $47
Commvault Systems (CVLT) initiated with an Outperform at Oppenheimer; tgt $200
Credit Acceptance Corp. (CACC) initiated with an Equal-Weight at Stephens; tgt $452
Dover (DOV) initiated with a Neutral at UBS; tgt $217
Emerson (EMR) initiated with an Outperform at Exane BNP Paribas; tgt $155
Enova International (ENVA) initiated with an Overweight at Stephens; tgt $108
EZCORP (EZPW) initiated with an Equal-Weight at Stephens; tgt $13
FirstCash (FCFS) initiated with an Overweight at Stephens; tgt $137
Fortive (FTV) initiated with a Neutral at UBS; tgt $84
Jumia (JMIA) initiated with a Sector Perform at RBC Capital Mkts; tgt $5
Katapult Group (KPLT) initiated with an Equal-Weight at Stephens; tgt $9
Opus Genetics (IRD) resumed with a Buy at H.C. Wainwright; tgt $8

>>> US Early premarket gappers

Early premarket gappers

Gapping up:
DAVE +48.1%, RKLB +30.2%, PAY +24%, HNRG +16.7%, HNST +16.7%, NTRA +14.7%, DSP +14.6%, CAVA +14.5%, MLR +13.3%, RIVN +12.1%, FNA +12%, DNA +12%, MRVI +11.2%, AMBC +7.7%, SPOT +7.5%, RPAY +7.5%, MESO +7.4%, CAE +7.4%, FIHL +6.7%, HUT +6.2%, NPCE +4.9%, SDRL +4.8%, PRDO +4.6%, ICUI +4.5%, IMUX +4.3%, PUBM +3.3%, IONQ +3.2%, SSYS +3.1%, DHT +3%, AMGN +2.8%, LAZR +2.7%, RXT +2.4%, SU +2.2%, CNC +1.5%, EXAI +1.4%, GPI +1.2%, AER +1%, EXP +0.8%, ORA +0.8%, NATL +0.7%, OXY +0.7%
Gapping down:
SAVE -64.6%, GRPN -20.5%, SIBN -17.5%, CHGG -15.8%, ZI -14.7%, RKT -13.7%, PGNY -13%, SGMO -11.1%, OABI -11.1%, CART -9.1%, RUM -8.6%, IAS -7.6%, GDYN -7.2%, MARA -7.2%, SWKS -6.4%, LIF -6.4%, PLUS -6.3%, SOUN -6%, VVX -5.5%, DOX -5.1%, SMCI -4.6%, OS -4.4%, DOLE -3.9%, LNW -3.7%, PRTA -3.5%, AB -2.6%, ETNB -2.2%, SHOP -1.8%, MIST -1.6%, CRNX -1.6%, WULF -1.6%, UPST -1.5%, CNNE -1.5%, MTTR -1.4%, RXRX -1.1%, RGEN -1%, VKTX -1%, NVEI -1%

TechCrunch : Snowflake hackers identified and charged with stealing 50 billion A

Snowflake hackers identified and charged with stealing 50 billion AT&T records

The U.S. government has accused Connor Moucka and John Binns of being the hackers who broke into the systems of AT&T, stealing around 50 billion customer call and text records.

In July, AT&T said hackers stole the phone records of “nearly all” of its cellular and landline customers, as well as calls and text message records — such as who contacted whom by phone or text — but not the content of the messages. At the time, AT&T said it would notify around 110 million AT&T customers of the breach, and that the records were stolen from its systems hosted on Snowflake, a provider of cloud services for data analysis.

Until the Department of Justice’s indictment against the two hackers, which was filed on Sunday, the total number of stolen AT&T customer records was unknown.

The document does not mention AT&T. Instead, it mentions “Victim-2,” describing it as “a major telecommunications company located in the United States,” which was breached around April 14. When AT&T previously confirmed it was breached, it said the company learned of the hack on April 19. This means that both the description of what kind of company Victim-2 is, and the dates of its breach, align with what AT&T had publicly disclosed, making it almost certain that Victim-2 is indeed AT&T.

AT&T did not respond to a request for comment.

DOJ spokesperson Emily Langlie declined to comment.

Overall, according to the indictment, Moucka and Binns accessed “billions of sensitive customer records,” and were successful in extorting at least three victims of at least 36 bitcoin (around $2.5 million when the victims paid) over a span of almost a year, from around November 2023, until October 10 of this year.

Prosecutors say Moucka, who lived in Canada, is also known online as “judische,” “catist,” “waif,” and “cllyels,” and Binns, who lived in Turkey, was known as “irdev”and “j_irdev1337.” Moucka was arrested in Canada last week. Binns was previously arrested in Turkey, according to 404 Media.

In August, Binns took credit for the AT&T breach with The Wall Street Journal. Moucka, through his moniker “Judische,” told 404 Media that he thought he’d be arrested soon.

AT&T is just one of several victims who had sensitive data stolen from their Snowflake instances. Over the last months, hackers also broke into Santander Bank, Ticketmaster, and around 165 other corporate customers. All these companies use Snowflake.

Prosecutors alleged that by breaking into the victim companies’ Snowflake instances, the hackers stole troves of sensitive personal and corporate data, including social security numbers, driver’s license numbers, passport numbers, and banking information, which makes these Snowflake-related breaches some of the worst cyberattacks of the year. In some cases, the hackers also asked victims for a ransom by threatening them with leaking the stolen information, threats that they followed up on at times.

Wired previously reported that AT&T paid a hacker $370,000 in an attempt to get them to delete the stolen records. Prosecutors said in the indictment that Victim-2 paid a ransom to the hackers.

>>> Europe : Brokers Upgrades & Downgrades - 13th of November 2024 V2(+)

>>> Up
* Air Liquide Raised to Buy at Jefferies; PT 190 euros
* AstraZeneca Raised to Buy at Nordea; PT 11,253.71 pence
* AstraZeneca Raised to Buy at Intron Health; PT 120 pence
* Axway Software Raised to Buy at Kepler Cheuvreux; PT 33 euros (+)
* BASF Raised to Buy at Jefferies; PT 53 euros
* Berkeley Raised to Buy at Investec; PT 4,700 pence (+)
* Bristol Myers Raised to Outperform at Daiwa; PT $65
* Barclays Strategists Say European Profit Downgrades May Moderate (+)
* De' Longhi Raised to Buy at Intesa Sanpaolo; PT 35.50 euros (+)
* Endesa Raised to Buy at HSBC; PT 24.20 euros
* FLEX LNG Raised to Buy at Fearnley; PT 320 kroner (+)
* Holcim PT Raised to 110 Swiss francs at Oddo BHF
* Ibstock Raised to Buy at Deutsche Bank (+)
* Siemens Energy PT Raised to 47 euros at Kepler Cheuvreux
* Spectris Raised to Neutral at Davy; PT 2,650 pence (+)
* Springvest Raised to Accumulate at Inderes; PT 8.50 euros
* Swiss Life Raised to Outperform at KBW; PT 790 Swiss francs
* Systemair Raised to Buy at Nordea; PT 110 kronor
* Taylor Wimpey Raised to Buy at Investec; PT 153 pence (+)
* Vitec Software Group Raised to Buy at ABG; PT 575 kronor

>>> Down
* Ageas Cut to Market Perform at KBW; PT 50 euros
* Baloise Cut to Market Perform at KBW; PT 159 Swiss francs
* Bechtle Cut to Hold at Kepler Cheuvreux (+)
* Brenntag Cut to Neutral at Citi; PT 58 euros
* Deutsche Post Cut to Equal-Weight at Barclays; PT 37.50 euros
* DS Smith Cut to Underperform at BNPP Exane; PT 480 pence (+)
* Evonik Cut to Underperform at Jefferies; PT 16.60 euros cut from 21 euros
* FLEX LNG Cut to Hold at Pareto Securities; PT 276 kroner
* I-RES Cut to Equal-Weight at Barclays; PT 90 euro cents
* Jenoptik Cut to Hold at Hauck & Aufhaeuser; PT 20.60 euros (+)
* K+S Cut to Underperform at Jefferies; PT 8 euros
* Neste Cut to Neutral at Grupo Santander; PT 15 euros
* Serco Cut to Hold at Shore Capital
* SoftwareONE Cut to Hold at Kepler Cheuvreux (+)
* Spirit Air PT Cut to $1 from $2 at TD Cowen (+)
* Storebrand Cut to Underperform at KBW; PT 99 kroner
* Symrise Cut to Hold at Jefferies; PT 120 euros
* Tesla Cut to Sell at Phillip Secs; PT $230 (+)

>>> Initiation
* Computacenter Rated New Buy at Kepler Cheuvreux; PT 2,500 pence (+)
* Monte Paschi Reinstated Buy at HSBC; PT 7.20 euros
* Softcat Rated New Reduce at Kepler Cheuvreux; PT 1,550 pence (+)

>>> Call
* Barclays Strategists Say European Profit Downgrades May Moderate (+)

>>> Stoxx 600 Pre-Market Indications

  • Just Eat Takeaway (T5W TH) +13%
    • Just Eat Takeaway.com Sells GrubHub for Ent. Value of $650M
  • Siemens Energy (ENR TH) +7.6%
    • Siemens Energy Mid-Term Targets Seen as Positive: Street Wrap
  • RWE (RWE TH) +4.6%
    • RWE Plans €1.5 Billion Buyback as US Politics Cloud Investments
  • Rolls-Royce (RRU TH) +2.1%
    • Rolls-Royce Moves to Placate Airlines With Trent 1000 Task Force
  • Allianz (ALV TH) +1.7%
    • Allianz Sees Profit at Top of Forecast After Strong Quarter (1)
  • Legal & General (LGI TH) +1.3%
  • Air Liquide (AIL TH) +1.3%
  • BASF (BAS TH) +1.2%
  • Deutsche Post (DHL TH) -1.2%
    • Deutsche Post Cut to Equal-Weight at Barclays; PT 37.50 euros
  • Verbund (OEWA TH) -1.3%
  • Dassault Systemes (DSYA TH) -1.3%
  • Diageo (GUI TH) -1.3%
  • Repsol (REP TH) -1.4%
  • Qiagen (QIA TH) -1.8%
  • Bechtle (BC8 TH) -2%
    • Bechtle Cut to Hold at Kepler Cheuvreux
  • Ageas (FO4N TH) -2.6%
    • Ageas Cut to Market Perform at KBW; PT 50 euros
  • Evonik (EVK TH) -2.9%
    • Evonik Cut to Underperform at Jefferies; PT 16.60 euros
  • K+S (SDF TH) -3.3%
    • K+S Cut to Underperform at Jefferies; PT 8 euros

>>> TradeGate Pre-Market Indications

DAX:
  • Siemens Energy (ENR TH) +7.9%
    • Siemens Energy Boosts Midterm Targets on Infrastructure Boom (1)
  • RWE (RWE TH) +4.6%
    • RWE Plans €1.5 Billion Buyback as US Politics Cloud Investments
  • Allianz (ALV TH) +1.8%
    • Allianz Sees Profit at Top of Forecast After Strong Quarter (1)
  • BASF (BAS TH) +1.3%
  • Commerzbank (CBK TH) -0.6%
    • Commerzbank Falls on Report It’s Weighing Buying Midsize Rival
  • VW (VOW3 TH) -0.7%
  • Qiagen (QIA TH) -0.9%
  • Zalando (ZAL TH) -1%
  • Deutsche Post (DHL TH) -1.1%
    • Deutsche Post Cut to Equal-Weight at Barclays; PT 37.50 euros
MDAX:
  • TAG Immobilien (TEG TH) +2.2%
  • Hensoldt (HAG TH) +1.2%
  • HelloFresh (HFG TH) +1.2%
  • United Internet (UTDI TH) +1.2%
  • Bechtle (BC8 TH) -1.5%
    • Bechtle Cut to Hold at Kepler Cheuvreux
  • Evonik (EVK TH) -2.3%
    • Evonik Cut to Underperform at Jefferies; PT 16.60 euros
  • K+S (SDF TH) -2.9%
    • K+S Cut to Underperform at Jefferies; PT 8 euros
SDAX:
  • AUTO1 (AG1 TH) +17%
    • AUTO1 Boosts FY Adjusted Ebitda Forecast, Beats Estimates
  • Evotec SE (EVT TH) +2.6%
  • SGL (SGL TH) -1.7%

>>> What to look at today - 13th of November 2024

Asian stocks fell to a two-month low on concerns that US President-elect Donald Trump’s proposed tariffs and picks for key administration posts may stoke inflation.  Equity benchmarks in Japan, Hong Kong and Australia retreated as a regional gauge touched the weakest level since Sept. 13. The Bloomberg Dollar Spot Index edged higher ahead of a report on US consumer-price inflation, while the yen hovered near the key level of 155 per greenback.  Treasury 10-year yields were little changed after surging 12 basis points on Tuesday. Traders are now pricing in about two US rate cuts through June, against almost four seen at the start of last week. US and European stock futures slipped.
Sentiment toward Asian equities has turned cautious since Trump’s election, as traders expect his planned policies to further drive up inflation and slow the pace of interest-rate cuts. The president-elect’s picks for key government posts are also fueling jitters, as he piles his Cabinet with people set to carry out his “America First” policies on the border, trade, national security and economy. The US election outcome continues to reverberate across the globe, with an MSCI gauge of equities excluding the US capping its worst day since the Aug. 5 global rout. An index of developing-market currencies has lost more than 1% following the US vote, coming close to erasing this year’s gains.  Meanwhile, China indicated its discomfort with yuan weakness through its daily reference rate for the currency amid the threat of higher US tariffs under a Trump administration. The fixing was 445 pips stronger than the average estimate in a Bloomberg survey. Beijing started marketing dollar bonds in Saudi Arabia, marking the country’s first debt sale in the US currency since 2021. On the economic front, US data due Wednesday may reinforce concerns about an acceleration in inflation, with analysts predicting that the overall consumer price index probably increased 0.2% for a fourth month. Fed Minneapolis President Neel Kashkari on Tuesday said he’ll be watching the inflation data closely to determine whether another interest-rate cut is appropriate at the US central bank’s December meeting. Bitcoin declined after a chartbusting rally took the digital asset to almost $90,000 for the first time. Meanwhile, Trump said Elon Musk and Vivek Ramaswamy will lead the Department of Government Efficiency. In corporate news, Seven & i Holdings Co. is said to be considering a management buyout to take itself private with funding from banks, Itochu Corp. and the founding Ito family in a transaction that could be worth ¥9 trillion ($58 billion).  In the commodities market, oil steadied near its lowest level this month, with the outlook for demand in focus after OPEC cut projections on China’s slowdown. Gold edged higher. US After Hours DAVE +32.4%, PAY +26%, CAVA +16.2%, ICUI +6.7%, SPOT +6.4% higher on earnings; RIVN +8.2% to launch JV with VW; HNRG +17.7% on deal with data center developer.

Nikkei -1.66% Hang Seng -0.55% CSI +0.59% Shanghai +0.46% Shenzen +0.03%

Eur$ 1.0602 CNH 7.2346 CNY 7.2242 JPY 155.14 GBP 1.2736 CHF 0.8832 RUB 98.0285 TRY 34.3817 WTI$ 68.33 +0.31% Gold 2,604 +0.25% BTC 86,820 -1.70% ETH 3,150 -4%

S&P -0.23% Nasdaq -0.30% EuroStoxx -0.51% FTSE +0.15% Dax -0.20% SMI -0.28%

Macro :
- Trump’s Mass-Deportation Plan to Hurt Farming, Co-Op Chief Says
- Bitcoin Rally Cools After More Than 30% Jump Since Trump Victory

Keep an eye on :
- ABN NA : ABN Amro 3Q Net Interest Income Beats Estimates, ABN Amro Says Potential Room for Buyback Postponed to 2Q 2025
- AIR FP : Airbus Nears Deal on Funding, Payment Terms W/ Spirit Aero: Rtrs
- AIR FP : Boeing, Airbus Throw Supplier Lifeline Ahead of Takeover (2)
- ALV GY : Allianz 3Q Operating Profit Beats Estimates
- AAPL US : Apple Readies Smart Home Push With AI-Focused Wall Tablet Device
- TATT GA : Attica Bank Agrees Sale of NPE Portfolios to Davidson Kempner
- AG1 GY : AUTO1 Boosts FY Adjusted Ebitda Forecast, Beats Estimates
- BDT GY : Bertrandt Prelim 4Q Revenue About EU265M
- BNP FP : BNP Cuts 10% of China Dealmaker Jobs After 2022 Expansion
- BBVA SM : Spanish Watchdog Opens In-Depth Probe for BBVA’s Sabadell Bid
- Cox ABG IPO : Spain’s Cox ABG to Extend IPO Book-Building Period to Nov. 13
- PBB GY : Deutsche PBB 9M Pretax Profit EU87M Vs. EU91M Y/y
- DISH US : DirecTV Plans to Cancel Dish Deal Unless Debt Swap Resolved (1)
- EVO SS : Galaxy Gaming® Stockholders Approve Acquisition by Evolution
- FNAC FP : Fnac Darty and Ruby Secure 91.15% of Share Capital of Unieuro
- FRA GY : Fraport Oct. Frankfurt Airport Passengers 5.7M
- IMCD NA : IMCD Raises €300M at €141.50/Shr Through Accelerated Bookbuild
- ITP FP : Interparfums Inc 2025 EPS Forecast Misses Estimates
- TKWY NA : US Startup Buys Just Eat Takeaway’s Grubhub for $650 Million
- KOG NO : Kongsberg Gets US Navy Missile Contract Valued at NOK10 Billion
- HLUNB DC : Lundbeck 3Q Net Income Beats Estimates
- EMG LN : Man Group Planning Job Cuts as It Reviews Budget, Talent Needs
- NEX FP : Nexans Sees 2028 Adjusted Ebitda EU1.15B
- 7201 JP : Nissan Enters New Era of Turmoil as Effissimo Takes Stake
- Nordic Bioscience : Nordic Bioscience Hires Banks for Possible IPO, Borsen Says
- PKTM AV : Pierer Mobility in Talks to Secure KTM’s Liquidity Requirements
- R3NK GY : Renk 3Q Sales €268M, Up 10.5% Y/Y; Confirms Forecast
- RWE GY : RWE Plans 1.5 Billion-Euro Share Buyback After Elliott Pressure
- SAN FP : Sanofi Treatment Granted Orphan Drug Status by FDA
- STG DC : Scandinavian Tobacco 3Q Sales Meets Estimates
- SDRL US : Seadrill Boosts FY Adjusted Ebitda Forecast
- 3382 JP : Seven & I Is Said to Consider $58 Billion Management Buyout
- ENR GY : Siemens Energy Raises Mid-Term Targets for FY 2028
- SAVE US : Spirit Airlines Shares Drop on Report of Bankruptcy Preparations
- SWON SW : SoftwareONE Maintains FY Revenue Goal, Plans More Cost Savings (1)
- SAX GY : Stroeer 3Q Adjusted Ebitda Misses Estimates
- TEG GY : TAG Immobilien Sees FY FFO High End of EU170M to EU174M
- TEG GY : TAG Immobilien to Resume Dividend Payments After Two Years
- UBSG SW : US Probes Russia Accounts UBS Took Over From Credit Suisse: Rtrs
- UNIR IM : Fnac Darty and Ruby Secure 91.15% of Share Capital of Unieuro
- DG FP : Vinci Wins Waste Plant Contract Worth Over €100M From Veolia
- VKTX US : Viking Therapeutics Phase 2B NASH/MASH Study Meets Endpoints
- VOE AV : Voestalpine 2Q Ebitda Misses Est., No Europe Rebound Visible
- VOS GY : Vossloh Offers Up to 1.76m New Shares In Private Placement, Vossloh Offering of 1.76m Shares Prices at EU41/Share
- VOW GY : Volkswagen Boosts Bet on Rivian’s EV Tech by $800 Million
- YIT FH : YIT Sets New Strategy, Financial Targets for 2025-2029
- YPSN SW : Ypsomed 1H Ebit Misses Estimates

>>> Europe : Brokers Upgrades & Downgrades - 13th of November 2024

>>> Up
* Air Liquide Raised to Buy at Jefferies; PT 190 euros
* AstraZeneca Raised to Buy at Nordea; PT 11,253.71 pence
* AstraZeneca Raised to Buy at Intron Health; PT 120 pence
* BASF Raised to Buy at Jefferies; PT 53 euros
* Bristol Myers Raised to Outperform at Daiwa; PT $65
* Endesa Raised to Buy at HSBC; PT 24.20 euros
* Holcim PT Raised to 110 Swiss francs at Oddo BHF
* Siemens Energy PT Raised to 47 euros at Kepler Cheuvreux
* Springvest Raised to Accumulate at Inderes; PT 8.50 euros
* Swiss Life Raised to Outperform at KBW; PT 790 Swiss francs
* Systemair Raised to Buy at Nordea; PT 110 kronor
* Vitec Software Group Raised to Buy at ABG; PT 575 kronor

>>> Down
* Ageas Cut to Market Perform at KBW; PT 50 euros
* Baloise Cut to Market Perform at KBW; PT 159 Swiss francs
* Brenntag Cut to Neutral at Citi; PT 58 euros
* Deutsche Post Cut to Equal-Weight at Barclays; PT 37.50 euros
* Evonik Cut to Underperform at Jefferies; PT 16.60 euros cut from 21 euros
* FLEX LNG Cut to Hold at Pareto Securities; PT 276 kroner
* I-RES Cut to Equal-Weight at Barclays; PT 90 euro cents
* K+S Cut to Underperform at Jefferies; PT 8 euros
* Neste Cut to Neutral at Grupo Santander; PT 15 euros
* Serco Cut to Hold at Shore Capital
* Starbucks Cut to Sell at Redburn; PT $77
* Storebrand Cut to Underperform at KBW; PT 99 kroner
* Symrise Cut to Hold at Jefferies; PT 120 euros

>>> Initiation
* Monte Paschi Reinstated Buy at HSBC; PT 7.20 euros

>>> Call

>>> Europe : Brokers Upgrades & Downgrades - 13th of November 2024

>>> Up
* Air Liquide Raised to Buy at Jefferies; PT 190 euros
* AstraZeneca Raised to Buy at Nordea; PT 11,253.71 pence
* AstraZeneca Raised to Buy at Intron Health; PT 120 pence
* BASF Raised to Buy at Jefferies; PT 53 euros
* Bristol Myers Raised to Outperform at Daiwa; PT $65
* Endesa Raised to Buy at HSBC; PT 24.20 euros
* Holcim PT Raised to 110 Swiss francs at Oddo BHF
* Springvest Raised to Accumulate at Inderes; PT 8.50 euros
* Swiss Life Raised to Outperform at KBW; PT 790 Swiss francs
* Systemair Raised to Buy at Nordea; PT 110 kronor
* Vitec Software Group Raised to Buy at ABG; PT 575 kronor

>>> Down
* Ageas Cut to Market Perform at KBW; PT 50 euros
* Baloise Cut to Market Perform at KBW; PT 159 Swiss francs
* Brenntag Cut to Neutral at Citi; PT 58 euros
* Deutsche Post Cut to Equal-Weight at Barclays; PT 37.50 euros
* Evonik Cut to Underperform at Jefferies; PT 16.60 euros cut from 21 euros
* FLEX LNG Cut to Hold at Pareto Securities; PT 276 kroner
* I-RES Cut to Equal-Weight at Barclays; PT 90 euro cents
* K+S Cut to Underperform at Jefferies; PT 8 euros
* Neste Cut to Neutral at Grupo Santander; PT 15 euros
* Starbucks Cut to Sell at Redburn; PT $77
* Storebrand Cut to Underperform at KBW; PT 99 kroner
* Symrise Cut to Hold at Jefferies; PT 120 euros

>>> Initiation
* Monte Paschi Reinstated Buy at HSBC; PT 7.20 euros

>>> Call