>>> Europe : Brokers Upgrades & Downgrades - 17th of June 2024 V3(++)

>>> Up
* Crest Nicholson Raised to Add at Peel Hunt
* Deutsche Boerse Raised to Buy at Kepler Cheuvreux; PT 205 euros (++)
* Retail Estates Raised to Buy at Kepler Cheuvreux; PT 74 euros (++)
* Toll Brothers Raised to Neutral at Goldman; PT $124

>>> Down
* Ascencio Cut to Hold at Kepler Cheuvreux; PT 51 euros (++)
* KMC Properties Cut to Neutral at SpareBank; PT 7.60 kroner
* SSP Cut to Sell at Goldman; PT 160 pence
* Sensirion Cut to Hold at Research Partners; PT 85 Swiss francs (+)
* Suedzucker Cut to Reduce at AlphaValue/Baader (+)
* Suess MicroTec Cut to Hold at Hauck & Aufhaeuser; PT 63 euros (+)
* Vectron Systems Cut to Sell at M.M. Warburg; PT 10.50 euros (+)

>>> Initiation
* Babcock Rated New Hold at Investec; PT 565 pence
* Bowhead Specialty Rated New Equal-Weight at Morgan Stanley
* ERG Rated New Underperform at BofA (++)
* QinetiQ Reinstated Buy at Investec; PT 535 pence (+)
* Solaria Energia Rated New Buy at BofA (++)

>>> Call
* Aston Martin Slips; Jefferies Cuts PT on Production Worries (++)
* CONTINENTAL EUROPEAN EQUITIES DOWNGRADED TO NEUTRAL AT CITI
* EssilorLuxottica Gains; UBS Hikes to Buy on Defensive Appeal (++)
* US EQUITIES UPGRADED TO OVERWEIGHT VS NEUTRAL AT CITI
* Evotec Loses Clean Sweep of Buys as Intron Double-Downgrades
* Goldman Sachs Boosts S&P 500 Year-End Target to 5,600 From 5,200
* Morgan Stanley’s Wilson Says Soft Growth Is a Risk for US Stocks (+)
* Pierer Mobility’s Hefty Profit Warning Weighs on Stock: Vontobel (++)

>>> Europe : Brokers Upgrades & Downgrades - 17th of June 2024 V2(+)

>>> Up
* Crest Nicholson Raised to Add at Peel Hunt
* Toll Brothers Raised to Neutral at Goldman; PT $124

>>> Down
* KMC Properties Cut to Neutral at SpareBank; PT 7.60 kroner
* SSP Cut to Sell at Goldman; PT 160 pence
* Sensirion Cut to Hold at Research Partners; PT 85 Swiss francs (+)
* Suedzucker Cut to Reduce at AlphaValue/Baader (+)
* Suess MicroTec Cut to Hold at Hauck & Aufhaeuser; PT 63 euros (+)
* Vectron Systems Cut to Sell at M.M. Warburg; PT 10.50 euros (+)

>>> Initiation
* Babcock Rated New Hold at Investec; PT 565 pence
* Bowhead Specialty Rated New Equal-Weight at Morgan Stanley
* QinetiQ Reinstated Buy at Investec; PT 535 pence (+)

>>> Call
* CONTINENTAL EUROPEAN EQUITIES DOWNGRADED TO NEUTRAL AT CITI
* US EQUITIES UPGRADED TO OVERWEIGHT VS NEUTRAL AT CITI
* Evotec Loses Clean Sweep of Buys as Intron Double-Downgrades
* Goldman Sachs Boosts S&P 500 Year-End Target to 5,600 From 5,200
* Morgan Stanley’s Wilson Says Soft Growth Is a Risk for US Stocks (+)

>>> Stoxx 600 Pre-Market Indications

  • Legal & General (LGI TH) +4.1%
  • National Grid (NNGF TH) +2.4%
  • ING (INN1 TH) +2.1%
    • ING Targets 2027 Fee Income of €5B With New Mid-Term Goals
  • Skanska (SKNB TH) +1.8%
  • Orange (FTE TH) +1.7%
  • Voestalpine (VAS TH) +1.5%
  • Umicore (NVJP TH) +1.3%
  • Spie (4SP TH) +1.3%
  • EssilorLuxottica (ESL TH) +1.3%
  • AXA (AXA TH) +1.3%
  • Banco BPM (BPM TH) -1%
  • FUCHS SE (FPE3 TH) -1%
  • Adidas (ADS TH) -1%
  • Halma (H11 TH) -1.2%
  • Leonardo (FMNB TH) -1.3%
  • Kongsberg (KOZ TH) -1.3%
  • Thales (CSF TH) -1.7%
  • Evotec SE (EVT TH) -2.1%
    • Evotec Loses Clean Sweep of Buys as Intron Double-Downgrades
  • LSE Group (LS4C TH) -4.3%

>>> TradeGate Pre-Market Indications

MDAX:
  • Aixtron (AIXA TH) +1.8%
  • Thyssenkrupp (TKA TH) +1.3%
  • Knorr-Bremse (KBX TH) +1.3%
  • Lanxess (LXS TH) +1.3%
  • SMA Solar (S92 TH) +1.1%
  • United Internet (UTDI TH) -1%
  • Evotec SE (EVT TH) -1.1%
    • Evotec SE Cut to Sell at Intron Health; PT 7 euros
SDAX:
  • Thyssenkrupp Nucera AG & Co KGaa (NCH2 TH) +3.8%
  • Suess MicroTec (SMHN TH) +1.8%
  • GFT (GFT TH) +1.7%
  • ProSieben (PSM TH) +1.5%
  • Suedzucker (SZU TH) +1.1%
  • AUTO1 (AG1 TH) -1.2%
  • Ceconomy (CEC TH) -1.2%