30. november Euroopas
Upgrades
* B&M European Raised to Buy at Peel Hunt; PT 700 pence
* Bridgepoint Raised to Buy at Peel Hunt; PT 250 pence
* Carlsberg Raised to Buy at Jyske Bank; PT 1,015 kroner
* Kindred GDRs Raised to Buy at Carnegie; PT 110 kronor
* Kindred GDRs Raised to Buy at Pareto Securities; PT 115 kronor
* Leonardo Raised to Overweight at JPMorgan; PT 20 euros
* NN Group Raised to Outperform at Oddo BHF; PT 46 euros
* NatWest Raised to Overweight at JPMorgan; PT 280 pence
* STMicroelectronics Raised to Overweight at JPMorgan; PT 52 euros
* VAT Raised to Overweight at JPMorgan; PT 500 Swiss francs
* Zoo Digital Group Raised to Buy at Stifel; PT 90 pence
Downgrades
* 888 Cut to Neutral at JPMorgan; PT 97 pence
* Ericsson Cut to Neutral at JPMorgan; PT 61 kronor
* Ferroamp Cut to Hold at Carnegie; PT 8 kronor
* Frontier Developments Cut to Add at Peel Hunt; PT 190 pence
* Future PLC Cut to Sell at Canaccord; PT 758 pence
* H&M Cut to Sell at Goldman
* K+S Cut to Underperform at BNPP Exane; PT 11 euros
* Nokia Cut to Neutral at JPMorgan; PT 4 euros
* OCI Cut to Hold at Jefferies; PT 20 euros
* Orkla Cut to Hold at DNB Markets; PT 85 kroner
* Thule Cut to Sell at Nordea; PT 250 kronor
* Virgin Money Cut to Add at Peel Hunt; PT 200 pence
Initiations
* Alphawave IP Rated New Buy at Deutsche Bank; PT 150 pence
* B&M European Rated New Equal-Weight at Morgan Stanley
* Big Yellow Group Rated New Hold at Berenberg
* Bluefield Solar Income Rated New Sector Perform at RBC
* Capital & Regional Rated New Buy at Berenberg; PT 68 pence
* Foresight Solar Reinstated Sector Perform at RBC; PT 110 pence
* Grainger Rated New Buy at Berenberg; PT 305 pence
* Life Science REIT Rated New Buy at Berenberg
* Nyfosa Rated New Buy at Nordea; PT 84 kronor
* Renewables Infra Rated New Outperform at RBC; PT 140 pence
* Safestore Reinstated Hold at Berenberg; PT 808 pence
* Segro Rated New Hold at Berenberg
* Unite Group Rated New Hold at Berenberg; PT 1,052 pence
* Workspace Rated New Buy at Berenberg; PT 643 pence
1. detsember Euroopas
Upgrades
* Axa Raised to Outperform at KBW; PT 33 euros
* Bakkavor Raised to Buy at Investec; PT 97 pence
* KBC Raised to Buy at Goldman
* Richemont Raised to Outperform at Bernstein; PT 153 Swiss francs
* Rio Tinto Raised to Buy at Liberum; PT 6,100 pence
* Stroeer Raised to Buy at Deutsche Bank; PT 64 euros
* Telia Raised to Hold at Deutsche Bank; PT 22.50 kronor
Downgrades
* AIB Group Cut to Neutral at Goldman; PT 5 euros
* Antofagasta Cut to Hold at Jefferies; PT 1,550 pence
* Ashtead Technology Cut to Hold at Canaccord; PT 615 pence
* ITV Cut to Hold at Deutsche Bank; PT 80 pence
* KPN Cut to Equal-Weight at Morgan Stanley
* LVMH Cut to Equal-Weight at Morgan Stanley; PT 790 euros
* Legal & General Cut to Underperform at KBW; PT 210 pence
* Metro Cut to Underweight at JPMorgan; PT 4.95 euros
* Pearson Cut to Hold at Deutsche Bank; PT 1,050 pence
* SocGen Cut to Sell at Goldman; PT 22.25 euros
* Tesco Cut to Underweight at JPMorgan; PT 230 pence
Initiations
* CaixaBank Reinstated Neutral at Goldman; PT 5.20 euros
* Erste Reinstated Neutral at Goldman; PT 45.20 euros
* Glanbia Rated New Buy at Numis; PT 18.60 euros
* Lem Rated New Buy at Stifel; PT 2,300 Swiss francs
* Mind Gym Reinstated Buy at Liberum
* New Wave Reinstated Buy at Danske Bank Markets; PT 115 kronor
Upgrades
* Axa Raised to Outperform at KBW; PT 33 euros
* Bakkavor Raised to Buy at Investec; PT 97 pence
* KBC Raised to Buy at Goldman
* Richemont Raised to Outperform at Bernstein; PT 153 Swiss francs
* Rio Tinto Raised to Buy at Liberum; PT 6,100 pence
* Stroeer Raised to Buy at Deutsche Bank; PT 64 euros
* Telia Raised to Hold at Deutsche Bank; PT 22.50 kronor
Downgrades
* AIB Group Cut to Neutral at Goldman; PT 5 euros
* Antofagasta Cut to Hold at Jefferies; PT 1,550 pence
* Ashtead Technology Cut to Hold at Canaccord; PT 615 pence
* ITV Cut to Hold at Deutsche Bank; PT 80 pence
* KPN Cut to Equal-Weight at Morgan Stanley
* LVMH Cut to Equal-Weight at Morgan Stanley; PT 790 euros
* Legal & General Cut to Underperform at KBW; PT 210 pence
* Metro Cut to Underweight at JPMorgan; PT 4.95 euros
* Pearson Cut to Hold at Deutsche Bank; PT 1,050 pence
* SocGen Cut to Sell at Goldman; PT 22.25 euros
* Tesco Cut to Underweight at JPMorgan; PT 230 pence
Initiations
* CaixaBank Reinstated Neutral at Goldman; PT 5.20 euros
* Erste Reinstated Neutral at Goldman; PT 45.20 euros
* Glanbia Rated New Buy at Numis; PT 18.60 euros
* Lem Rated New Buy at Stifel; PT 2,300 Swiss francs
* Mind Gym Reinstated Buy at Liberum
* New Wave Reinstated Buy at Danske Bank Markets; PT 115 kronor
USA ja Kanada
* Upgrades
** Chemours (CC) Raised to Outperform at RBC; PT $40
** Elastic (ESTC) Raised to Overweight at Wells Fargo; PT $115
** Fortrea (FTRE) Raised to Outperform at Evercore ISI
** Johnson & Johnson (JNJ) Raised to Buy at UBS; PT $180
* Downgrades
** Alibaba (BABA) ADRs Cut to Equal-Weight at Morgan Stanley; PT $90
** Almacenes Exito (EXITO CB) ADRs Cut to Hold at Jefferies; PT $7.04
** BioNTech (BNTX) ADRs Cut to Underweight at JPMorgan; PT $99
** BRP Inc. (DOO CN) Cut to Hold at Canaccord; PT C$90
** ImmunoGen (IMGN) Cut to Neutral at Guggenheim; PT $31
*** Cut to Market Perform at BMO; PT $31
*** Cut to Hold at Deutsche Bank; PT $31
** Lemonade (LMND) Cut to Market Perform at Oppenheimer
** Ree Automotive (REE) Cut to Underweight at Cantor; PT $4
** Rover Group (ROVR) Cut to Hold at Canaccord; PT $11
** Spotify (SPOT) Cut to Neutral at Citi; PT $190
** Texas Roadhouse (TXRH) Cut to Neutral at Piper Sandler
* Initiations
** Amdocs (DOX) Rated New Buy at Jefferies; PT $105
** Assai (ASAI3 BZ) ADRs Rated New Buy at Jefferies; PT $3.73
** Bank OZK (OZK) Rated New Buy at Citi; PT $50
** BankUnited (BKU) Rated New Neutral at Citi; PT $28
** Boeing (BA) Reinstated Buy at Stifel; PT $265
** Cadence Bank (CADE) Rated New Neutral at Citi; PT $27
** Columbia Banking (COLB) Rated New Neutral at Citi; PT $23
** CSG Systems (CSGS) Rated New Buy at Jefferies; PT $60
** Cullen/Frost (CFR) Rated New Sell at Citi; PT $94
** Digital Realty (DLR) Rated New Reduce at HSBC; PT $112
** East West Bancorp (EWBC) Rated New Buy at Citi; PT $75
** Equinix (EQIX) Rated New Buy at HSBC; PT $875
** First Horizon (FHN) Rated New Buy at Citi; PT $14
** Hancock Whitney (HWC) Rated New Neutral at Citi; PT $45
** Heico (HEI) Reinstated Buy at Stifel; PT $200
** Hexcel (HXL) Reinstated Buy at Stifel; PT $83
** Home BancShares (HOMB) Rated New Neutral at Citi; PT $23
** Immuneering (IMRX) Rated New Buy at Needham; PT $20
** Itron (ITRI) Reinstated Hold at Canaccord; PT $68
** Lithium Americas (LAC CN) Rated New Buy at Jefferies
** Noble Corp. (NE) Resumed Neutral at Susquehanna; PT $52
** Novo (NOVOB DC) ADRs Rated New Overweight at Cantor; PT $120
** Old National (ONB) Rated New Buy at Citi; PT $17
** Pinnacle Financial (PNFP) Rated New Buy at Citi; PT $86
** Popular (BPOP) Rated New Buy at Citi; PT $86
** PriceSmart (PSMT) Rated New Buy at Jefferies; PT $82
** Prosperity Banc (PB) Rated New Buy at Citi; PT $68
** Seacor Marine (SMHI) Rated New Buy at B Riley; PT $17
** Spirit Aero (SPR) Reinstated Hold at Stifel; PT $28
** Texas Capital (TCBI) Rated New Neutral at Citi; PT $57
** TransDigm (TDG) Rated New Hold at Stifel; PT $1,000
** Valley National (VLY) Rated New Neutral at Citi; PT $9.50
** Webster Financial (WBS) Rated New Buy at Citi; PT $51
** Western Alliance (WAL) Rated New Buy at Citi; PT $61
** Westinghouse Air Brake (WAB) Rated New Positive at Susquehanna
** Wintrust Financial (WTFC) Rated New Buy at Citi; PT $101
* Upgrades
** Chemours (CC) Raised to Outperform at RBC; PT $40
** Elastic (ESTC) Raised to Overweight at Wells Fargo; PT $115
** Fortrea (FTRE) Raised to Outperform at Evercore ISI
** Johnson & Johnson (JNJ) Raised to Buy at UBS; PT $180
* Downgrades
** Alibaba (BABA) ADRs Cut to Equal-Weight at Morgan Stanley; PT $90
** Almacenes Exito (EXITO CB) ADRs Cut to Hold at Jefferies; PT $7.04
** BioNTech (BNTX) ADRs Cut to Underweight at JPMorgan; PT $99
** BRP Inc. (DOO CN) Cut to Hold at Canaccord; PT C$90
** ImmunoGen (IMGN) Cut to Neutral at Guggenheim; PT $31
*** Cut to Market Perform at BMO; PT $31
*** Cut to Hold at Deutsche Bank; PT $31
** Lemonade (LMND) Cut to Market Perform at Oppenheimer
** Ree Automotive (REE) Cut to Underweight at Cantor; PT $4
** Rover Group (ROVR) Cut to Hold at Canaccord; PT $11
** Spotify (SPOT) Cut to Neutral at Citi; PT $190
** Texas Roadhouse (TXRH) Cut to Neutral at Piper Sandler
* Initiations
** Amdocs (DOX) Rated New Buy at Jefferies; PT $105
** Assai (ASAI3 BZ) ADRs Rated New Buy at Jefferies; PT $3.73
** Bank OZK (OZK) Rated New Buy at Citi; PT $50
** BankUnited (BKU) Rated New Neutral at Citi; PT $28
** Boeing (BA) Reinstated Buy at Stifel; PT $265
** Cadence Bank (CADE) Rated New Neutral at Citi; PT $27
** Columbia Banking (COLB) Rated New Neutral at Citi; PT $23
** CSG Systems (CSGS) Rated New Buy at Jefferies; PT $60
** Cullen/Frost (CFR) Rated New Sell at Citi; PT $94
** Digital Realty (DLR) Rated New Reduce at HSBC; PT $112
** East West Bancorp (EWBC) Rated New Buy at Citi; PT $75
** Equinix (EQIX) Rated New Buy at HSBC; PT $875
** First Horizon (FHN) Rated New Buy at Citi; PT $14
** Hancock Whitney (HWC) Rated New Neutral at Citi; PT $45
** Heico (HEI) Reinstated Buy at Stifel; PT $200
** Hexcel (HXL) Reinstated Buy at Stifel; PT $83
** Home BancShares (HOMB) Rated New Neutral at Citi; PT $23
** Immuneering (IMRX) Rated New Buy at Needham; PT $20
** Itron (ITRI) Reinstated Hold at Canaccord; PT $68
** Lithium Americas (LAC CN) Rated New Buy at Jefferies
** Noble Corp. (NE) Resumed Neutral at Susquehanna; PT $52
** Novo (NOVOB DC) ADRs Rated New Overweight at Cantor; PT $120
** Old National (ONB) Rated New Buy at Citi; PT $17
** Pinnacle Financial (PNFP) Rated New Buy at Citi; PT $86
** Popular (BPOP) Rated New Buy at Citi; PT $86
** PriceSmart (PSMT) Rated New Buy at Jefferies; PT $82
** Prosperity Banc (PB) Rated New Buy at Citi; PT $68
** Seacor Marine (SMHI) Rated New Buy at B Riley; PT $17
** Spirit Aero (SPR) Reinstated Hold at Stifel; PT $28
** Texas Capital (TCBI) Rated New Neutral at Citi; PT $57
** TransDigm (TDG) Rated New Hold at Stifel; PT $1,000
** Valley National (VLY) Rated New Neutral at Citi; PT $9.50
** Webster Financial (WBS) Rated New Buy at Citi; PT $51
** Western Alliance (WAL) Rated New Buy at Citi; PT $61
** Westinghouse Air Brake (WAB) Rated New Positive at Susquehanna
** Wintrust Financial (WTFC) Rated New Buy at Citi; PT $101
4. detsember Euroopas
Upgrades
* DS Smith Raised to Overweight at Barclays; PT 360 pence
* J. Martins Raised to Outperform at Bernstein; PT 26 euros
* Jyske Raised to Buy at SEB Equities; PT 560 kroner
* PVA TePla Raised to Buy at Stifel; PT 27 euros
* Proximus Raised to Overweight at JPMorgan; PT 13 euros
* Rolls-Royce Raised to Overweight at JPMorgan; PT 400 pence
* Royal Unibrew Raised to Hold at Deutsche Bank
* Softcat Raised to Buy at HSBC; PT 1,540 pence
* Telenor Raised to Buy at Goldman; PT 144 kroner
* Telia Raised to Buy at Goldman; PT 35 kronor
* TietoEVRY Raised to Buy at SEB Equities; PT 25 euros
Downgrades
* 1&1 Cut to Neutral at Goldman; PT 20 euros
* AB InBev Cut to Hold at Deutsche Bank
* CD Projekt Cut to Underperform at Jefferies; PT 90 zloty
* Freenet Cut to Neutral at Goldman; PT 29.50 euros
* Frontier Developments Cut to Hold at Jefferies; PT 170 pence
* Future PLC Cut to Underperform at Jefferies; PT 730 pence
* Glencore Cut to Equal-Weight at Barclays; PT 475 pence
* Grupa Pracuj Cut to Neutral at Goldman; PT 69 zloty
* Hellenic Telecom Cut to Neutral at JPMorgan; PT 17.50 euros
* IMCD Cut to Underweight at JPMorgan; PT 120 euros
* INWIT Cut to Neutral at Goldman; PT 13.50 euros
* Montea Cut to Hold at Kepler Cheuvreux; PT 83 euros
* Pan African Cut to Add at Peel Hunt; PT 20 pence
*Roche Cut to Sell at Intron Health; PT 200 Swiss francs
* Swisscom Cut to Underweight at JPMorgan; PT 508 Swiss francs
* Vossloh Cut to Hold at Deutsche Bank; PT 44 euros
* Wihlborgs Cut to Hold at DNB Markets; PT 90 kronor
* Wizz Air Cut to Sell at Deutsche Bank; PT 1,550 pence
Initiations
* ArcelorMittal Reinstated Buy at Jefferies; PT 33 euros
* Fortnox Rated New Buy at Jefferies; PT 70 kronor
* GBL Resumed Neutral at Citi; PT 78 euros
* SSAB Reinstated Hold at Jefferies; PT 78 kronor
* Salzgitter Reinstated Hold at Jefferies; PT 30 euros
* Schott Pharma Rated New Equal-Weight at Barclays; PT 30 euros
* Tecan Rated New Equal-Weight at Morgan Stanley
* Voestalpine Reinstated Hold at Jefferies; PT 29.50 euros
Upgrades
* DS Smith Raised to Overweight at Barclays; PT 360 pence
* J. Martins Raised to Outperform at Bernstein; PT 26 euros
* Jyske Raised to Buy at SEB Equities; PT 560 kroner
* PVA TePla Raised to Buy at Stifel; PT 27 euros
* Proximus Raised to Overweight at JPMorgan; PT 13 euros
* Rolls-Royce Raised to Overweight at JPMorgan; PT 400 pence
* Royal Unibrew Raised to Hold at Deutsche Bank
* Softcat Raised to Buy at HSBC; PT 1,540 pence
* Telenor Raised to Buy at Goldman; PT 144 kroner
* Telia Raised to Buy at Goldman; PT 35 kronor
* TietoEVRY Raised to Buy at SEB Equities; PT 25 euros
Downgrades
* 1&1 Cut to Neutral at Goldman; PT 20 euros
* AB InBev Cut to Hold at Deutsche Bank
* CD Projekt Cut to Underperform at Jefferies; PT 90 zloty
* Freenet Cut to Neutral at Goldman; PT 29.50 euros
* Frontier Developments Cut to Hold at Jefferies; PT 170 pence
* Future PLC Cut to Underperform at Jefferies; PT 730 pence
* Glencore Cut to Equal-Weight at Barclays; PT 475 pence
* Grupa Pracuj Cut to Neutral at Goldman; PT 69 zloty
* Hellenic Telecom Cut to Neutral at JPMorgan; PT 17.50 euros
* IMCD Cut to Underweight at JPMorgan; PT 120 euros
* INWIT Cut to Neutral at Goldman; PT 13.50 euros
* Montea Cut to Hold at Kepler Cheuvreux; PT 83 euros
* Pan African Cut to Add at Peel Hunt; PT 20 pence
*Roche Cut to Sell at Intron Health; PT 200 Swiss francs
* Swisscom Cut to Underweight at JPMorgan; PT 508 Swiss francs
* Vossloh Cut to Hold at Deutsche Bank; PT 44 euros
* Wihlborgs Cut to Hold at DNB Markets; PT 90 kronor
* Wizz Air Cut to Sell at Deutsche Bank; PT 1,550 pence
Initiations
* ArcelorMittal Reinstated Buy at Jefferies; PT 33 euros
* Fortnox Rated New Buy at Jefferies; PT 70 kronor
* GBL Resumed Neutral at Citi; PT 78 euros
* SSAB Reinstated Hold at Jefferies; PT 78 kronor
* Salzgitter Reinstated Hold at Jefferies; PT 30 euros
* Schott Pharma Rated New Equal-Weight at Barclays; PT 30 euros
* Tecan Rated New Equal-Weight at Morgan Stanley
* Voestalpine Reinstated Hold at Jefferies; PT 29.50 euros
USA ja Kanada
* Upgrades
** 3M Co (MMM) Raised to Equal-Weight at Barclays; PT $107
** Carvana (CVNA) Raised to Neutral at JPMorgan; PT $40
** CNX Resources (CNX) Raised to Buy at Truist Secs; PT $27(Earlier)
** Coca-Cola Europacific (CCEP) Raised to Buy at Goldman; PT $70
** Comcast (CMCSA) Raised to Outperform at BNPP Exane; PT $49
** CyberArk (CYBR) Raised to Overweight at Wells Fargo; PT $250
** East West Bancorp (EWBC) Raised to Overweight at Morgan Stanley; PT $76
** Fluence Energy (FLNC) Raised to Buy at Roth MKM; PT $31
** General Motors (GM) Raised to Buy at Mizuho Securities; PT $42
** Hawaiian Holdings (HA) Raised to Buy at Deutsche Bank; PT $16
** Incyte (INCY) Raised to Buy at Guggenheim; PT $86
** Insulet (PODD) Raised to Overweight at Morgan Stanley
** Pampa Energia (PAMP AR) ADRs Raised to Neutral at JPMorgan; PT $43
** Stewart Information (STC) Raised to Buy at BTIG; PT $70
** Teleflex (TFX) Raised to Overweight at Morgan Stanley; PT $261
** YPF (YPFD AR) ADRs Raised to Neutral at JPMorgan; PT $16
* Downgrades
** Alaska Air (ALK) Cut to Market Perform at Raymond James
*** Cut to Hold at Deutsche Bank; PT $44
** Alcon (ALC SW) Cut to Underweight at Morgan Stanley; PT $65
** Allegion (ALLE) Cut to Equal-Weight at Barclays; PT $119
** Antero Resources (AR) Cut to Hold at Truist Secs; PT $28
** Bilibili (BILI) ADRs Cut to Neutral at UBS; PT $13.20
** Citizens Financial (CFG) Cut to Equal-Weight at Morgan Stanley
** Equitrans (ETRN) Cut to Peerperform at Wolfe
** Fisker (FSR) Cut to Inline at Evercore ISI; PT $2
** Herc Holdings (HRI) Cut to Sector Weight at KeyBanc
** ImmunoGen (IMGN) Cut to Neutral at Piper Sandler; PT $31
** Lululemon (LULU) Cut to Equal-Weight at Wells Fargo
** Sea Ltd (SE) ADRs Cut to Equal-Weight at Morgan Stanley; PT $47
** United Rentals (URI) Cut to Sector Weight at KeyBanc
* Initiations
** AT&T (T) Rated New Underperform at BNPP Exane; PT $13
** Banc of California (BANC) Rated New Hold at Truist Secs; PT $14
** Cable One (CABO) Rated New Underperform at BNPP Exane; PT $41828
** Dish (DISH) Rated New Underperform at BNPP Exane; PT $1
** Frontier (FYBR) Rated New Outperform at BNPP Exane; PT $30
** Glaukos (GKOS) Rated New Equal-Weight at Morgan Stanley
** Korro Bio, Inc. (KRRO) Rated New Buy at HC Wainwright; PT $100
** Lantheus (LNTH) Rated New Outperform at Cowen; PT $100
** Liberty Broadband (LBRDA) Rated New Underperform at BNPP Exane; PT $66
** Longeveron (LGVN) Rated New Buy at HC Wainwright; PT $6
** Lumen Technologies (LUMN) Rated New Neutral at BNPP Exane; PT $1.40
** NanoXplore (GRA CN) Rated New Outperform at RBC; PT C$3.25
** NCR Voyix Corp (VYX) Rated New Buy at Needham; PT $22
** PaxMedica (PXMD) Rated New Buy at HC Wainwright; PT $3
** RxSight (RXST) Rated New Overweight at Morgan Stanley; PT $36
** Sensei Bio (SNSE) Rated New Buy at HC Wainwright; PT $4
** Staar Surgical (STAA) Rated New Equal-Weight at Morgan Stanley; PT $35
** Verizon (VZ) Rated New Outperform at BNPP Exane; PT $47
** Vicarious Surgical (RBOT) Rated New Equal-Weight at Morgan Stanley
** Wolfspeed Inc (WOLF) Rated New Buy at President Capital Management
** Worthington Steel (WS) Rated New Overweight at KeyBanc; PT $29
* Upgrades
** 3M Co (MMM) Raised to Equal-Weight at Barclays; PT $107
** Carvana (CVNA) Raised to Neutral at JPMorgan; PT $40
** CNX Resources (CNX) Raised to Buy at Truist Secs; PT $27(Earlier)
** Coca-Cola Europacific (CCEP) Raised to Buy at Goldman; PT $70
** Comcast (CMCSA) Raised to Outperform at BNPP Exane; PT $49
** CyberArk (CYBR) Raised to Overweight at Wells Fargo; PT $250
** East West Bancorp (EWBC) Raised to Overweight at Morgan Stanley; PT $76
** Fluence Energy (FLNC) Raised to Buy at Roth MKM; PT $31
** General Motors (GM) Raised to Buy at Mizuho Securities; PT $42
** Hawaiian Holdings (HA) Raised to Buy at Deutsche Bank; PT $16
** Incyte (INCY) Raised to Buy at Guggenheim; PT $86
** Insulet (PODD) Raised to Overweight at Morgan Stanley
** Pampa Energia (PAMP AR) ADRs Raised to Neutral at JPMorgan; PT $43
** Stewart Information (STC) Raised to Buy at BTIG; PT $70
** Teleflex (TFX) Raised to Overweight at Morgan Stanley; PT $261
** YPF (YPFD AR) ADRs Raised to Neutral at JPMorgan; PT $16
* Downgrades
** Alaska Air (ALK) Cut to Market Perform at Raymond James
*** Cut to Hold at Deutsche Bank; PT $44
** Alcon (ALC SW) Cut to Underweight at Morgan Stanley; PT $65
** Allegion (ALLE) Cut to Equal-Weight at Barclays; PT $119
** Antero Resources (AR) Cut to Hold at Truist Secs; PT $28
** Bilibili (BILI) ADRs Cut to Neutral at UBS; PT $13.20
** Citizens Financial (CFG) Cut to Equal-Weight at Morgan Stanley
** Equitrans (ETRN) Cut to Peerperform at Wolfe
** Fisker (FSR) Cut to Inline at Evercore ISI; PT $2
** Herc Holdings (HRI) Cut to Sector Weight at KeyBanc
** ImmunoGen (IMGN) Cut to Neutral at Piper Sandler; PT $31
** Lululemon (LULU) Cut to Equal-Weight at Wells Fargo
** Sea Ltd (SE) ADRs Cut to Equal-Weight at Morgan Stanley; PT $47
** United Rentals (URI) Cut to Sector Weight at KeyBanc
* Initiations
** AT&T (T) Rated New Underperform at BNPP Exane; PT $13
** Banc of California (BANC) Rated New Hold at Truist Secs; PT $14
** Cable One (CABO) Rated New Underperform at BNPP Exane; PT $41828
** Dish (DISH) Rated New Underperform at BNPP Exane; PT $1
** Frontier (FYBR) Rated New Outperform at BNPP Exane; PT $30
** Glaukos (GKOS) Rated New Equal-Weight at Morgan Stanley
** Korro Bio, Inc. (KRRO) Rated New Buy at HC Wainwright; PT $100
** Lantheus (LNTH) Rated New Outperform at Cowen; PT $100
** Liberty Broadband (LBRDA) Rated New Underperform at BNPP Exane; PT $66
** Longeveron (LGVN) Rated New Buy at HC Wainwright; PT $6
** Lumen Technologies (LUMN) Rated New Neutral at BNPP Exane; PT $1.40
** NanoXplore (GRA CN) Rated New Outperform at RBC; PT C$3.25
** NCR Voyix Corp (VYX) Rated New Buy at Needham; PT $22
** PaxMedica (PXMD) Rated New Buy at HC Wainwright; PT $3
** RxSight (RXST) Rated New Overweight at Morgan Stanley; PT $36
** Sensei Bio (SNSE) Rated New Buy at HC Wainwright; PT $4
** Staar Surgical (STAA) Rated New Equal-Weight at Morgan Stanley; PT $35
** Verizon (VZ) Rated New Outperform at BNPP Exane; PT $47
** Vicarious Surgical (RBOT) Rated New Equal-Weight at Morgan Stanley
** Wolfspeed Inc (WOLF) Rated New Buy at President Capital Management
** Worthington Steel (WS) Rated New Overweight at KeyBanc; PT $29
5. detsember Euroopas
Upgrades
* Acciona Raised to Neutral at BNPP Exane; PT 136 euros
* British Land Raised to Neutral at Goldman; PT 350 pence
* Land Sec. Raised to Buy at Goldman; PT 690 pence
* Rio Tinto Raised to Outperform at BNPP Exane; PT 6,500 pence
Downgrades
* Auction Technology Group Cut to Equal-Weight at Barclays
* EuroAPI Cut to Neutral at JPMorgan; PT 4.50 euros
* Gecina Cut to Neutral at Goldman; PT 103.50 euros
* Sanofi Cut to Neutral at JPMorgan; PT 92 euros
* Straumann Cut to Neutral at JPMorgan; PT 139 Swiss francs
* UCB Cut to Underweight at JPMorgan; PT 70 euros
Initiations
* Adyen Rated New Outperform at BMO; PT 1,300 euros
* Carl Zeiss Meditec Rated New Underweight at JPMorgan
* Hapag-Lloyd Rated New Underweight at Barclays; PT 65 euros
Upgrades
* Acciona Raised to Neutral at BNPP Exane; PT 136 euros
* British Land Raised to Neutral at Goldman; PT 350 pence
* Land Sec. Raised to Buy at Goldman; PT 690 pence
* Rio Tinto Raised to Outperform at BNPP Exane; PT 6,500 pence
Downgrades
* Auction Technology Group Cut to Equal-Weight at Barclays
* EuroAPI Cut to Neutral at JPMorgan; PT 4.50 euros
* Gecina Cut to Neutral at Goldman; PT 103.50 euros
* Sanofi Cut to Neutral at JPMorgan; PT 92 euros
* Straumann Cut to Neutral at JPMorgan; PT 139 Swiss francs
* UCB Cut to Underweight at JPMorgan; PT 70 euros
Initiations
* Adyen Rated New Outperform at BMO; PT 1,300 euros
* Carl Zeiss Meditec Rated New Underweight at JPMorgan
* Hapag-Lloyd Rated New Underweight at Barclays; PT 65 euros
USA ja Kanada
* Upgrades
** Adecoagro (AGRO) Raised to Buy at BofA; PT $14
** Apellis Pharma (APLS) Raised to Buy at BofA; PT $85
** Crown Castle (CCI) Raised to Equal-Weight at Wells Fargo; PT $115
** First Industrial Realty (FR) Raised to Buy at Mizuho Securities
** Integra LifeSciences (IART) Raised to Overweight at Wells Fargo; PT $49
** Redwood Trust (RWT) Raised to Buy at BTIG; PT $8.50
** Travere Therapeutics Inc (TVTX) Raised to Buy at Citi; PT $10
** XP Inc. (XP) Raised to Overweight at JPMorgan; PT $30
* Downgrades
** Albemarle (ALB) Cut to Underweight at Piper Sandler; PT $128
** Ares Commercial (ACRE) Cut to Market Perform at JMP
** EastGroup (EGP) Cut to Neutral at Mizuho Securities; PT $185
** Equitable Holdings (EQH) Cut to Market Perform at KBW; PT $34
** Globant (GLOB) Cut to Market Perform at Itau BBA; PT $244
** Livent (LTHM) Cut to Underweight at Piper Sandler; PT $15
** Lululemon (LULU) Cut to Outperform at Raymond James
** PJT Partners (PJT) Cut to Neutral at Seaport Global Securities
** Prologis (PLD) Cut to Neutral at Mizuho Securities; PT $125
** Science Applications (SAIC) Cut to Neutral at JPMorgan; PT $142
** Sibanye Stillwater (SSW SJ) ADRs Cut to Market Perform at BMO; PT $6
** Sigma Additive Solutions (SASI) Cut to Neutral at HC Wainwright; PT $3
** Sonic Foundry (SOFO) Cut to Hold at Maxim
** Staar Surgical (STAA) Cut to Hold at Needham
** Toro (TTC) Cut to Neutral at DA Davidson; PT $87
** United Rentals (URI) Cut to Neutral at UBS
* Initiations
** AbCellera Biologics (ABCL) Rated New Overweight at KeyBanc; PT $6
** Absci (ABSI) Rated New Overweight at KeyBanc; PT $3
** Amprius Technologies (AMPX) Rated New Buy at Alliance Global Partners
** ASP Isotopes (ASPI) Rated New Buy at HC Wainwright; PT $3.25
** AvidXchange (AVDX) Rated New Market Perform at BMO; PT $11
** Birkenstock (BIRK) Rated New Hold at Baptista Research; PT $54
** Calian Group (CGY CN) Reinstated Buy at Laurentian Bank; PT C$75
** Cargo Therapeutics (CRGX) Rated New Buy at Truist Secs; PT $34
*** Rated New Outperform at Cowen
*** Rated New Overweight at JPMorgan; PT $23
*** Rated New Buy at Jefferies; PT $28
** Certara (CERT) Rated New Sector Weight at KeyBanc
** Core Molding (CMT) Rated New Buy at Roth MKM; PT $24
** Crescent Energy Co (CRGY) Rated New Strong Buy at Raymond James; PT $16
** Datadog (DDOG) Rated New Sector Outperform at Scotiabank; PT $138
** Dynatrace (DT) Rated New Sector Outperform at Scotiabank; PT $62
** Eos Energy (EOSE) Rated New Buy at Roth MKM; PT $6
** EverQuote (EVER) Rated New Buy at Craig-Hallum; PT $16
** Fiserv (FI) Rated New Outperform at BMO; PT $152
** FleetCor (FLT) Rated New Outperform at BMO; PT $300
** Hamilton Insurance Group Rated New Equal-Weight at Wells Fargo
*** Hamilton Insurance Group Rated New Buy at Citi; PT $19
*** Hamilton Insurance Group Rated New Market Outperform at JMP
*** Hamilton Insurance Group Rated New Overweight at Morgan Stanley
*** Hamilton Insurance Group Rated New Outperform at BMO; PT $18
** Hilton Worldwide (HLT) Reinstated Equal-Weight at Wells Fargo; PT $168
** Hudson Technologies (HDSN) Reinstated Buy at B Riley; PT $17
** Hyatt (H) Reinstated Overweight at Wells Fargo; PT $138
** Hyster-Yale (HY) Rated New Buy at Roth MKM; PT $85
** I3 Verticals (IIIV) Rated New Market Perform at BMO; PT $24
** Instacart (CART) Rated New Hold at Baptista Research; PT $28.90
** Itron (ITRI) Rated New Buy at Roth MKM; PT $82
** Lavoro (LVRO) Rated New Equal-Weight at Barclays; PT $7
** Marriott Intl (MAR) Reinstated Equal-Weight at Wells Fargo; PT $220
** Microsoft (MSFT) Rated New Buy at China Renaissance; PT $466
** Mid Penn (MPB) Rated New Outperform at KBW; PT $26
** Newpark Resources (NR) Rated New Buy at HC Wainwright; PT $12
** Oculis Holding (OCS) Rated New Buy at Chardan Capital Markets; PT $30
** Ontrak Inc (OTRK) Rated New Buy at Roth MKM; PT $4
** Remitly (RELY) Rated New Market Perform at BMO; PT $25
** Repay Holdings Corp (RPAY) Rated New Market Perform at BMO; PT $9
** Schrodinger (SDGR) Rated New Overweight at KeyBanc; PT $38
** Western Union (WU) Rated New Market Perform at BMO; PT $12
** Xtant Medical (XTNT) Rated New Buy at BTIG; PT $2
* Upgrades
** Adecoagro (AGRO) Raised to Buy at BofA; PT $14
** Apellis Pharma (APLS) Raised to Buy at BofA; PT $85
** Crown Castle (CCI) Raised to Equal-Weight at Wells Fargo; PT $115
** First Industrial Realty (FR) Raised to Buy at Mizuho Securities
** Integra LifeSciences (IART) Raised to Overweight at Wells Fargo; PT $49
** Redwood Trust (RWT) Raised to Buy at BTIG; PT $8.50
** Travere Therapeutics Inc (TVTX) Raised to Buy at Citi; PT $10
** XP Inc. (XP) Raised to Overweight at JPMorgan; PT $30
* Downgrades
** Albemarle (ALB) Cut to Underweight at Piper Sandler; PT $128
** Ares Commercial (ACRE) Cut to Market Perform at JMP
** EastGroup (EGP) Cut to Neutral at Mizuho Securities; PT $185
** Equitable Holdings (EQH) Cut to Market Perform at KBW; PT $34
** Globant (GLOB) Cut to Market Perform at Itau BBA; PT $244
** Livent (LTHM) Cut to Underweight at Piper Sandler; PT $15
** Lululemon (LULU) Cut to Outperform at Raymond James
** PJT Partners (PJT) Cut to Neutral at Seaport Global Securities
** Prologis (PLD) Cut to Neutral at Mizuho Securities; PT $125
** Science Applications (SAIC) Cut to Neutral at JPMorgan; PT $142
** Sibanye Stillwater (SSW SJ) ADRs Cut to Market Perform at BMO; PT $6
** Sigma Additive Solutions (SASI) Cut to Neutral at HC Wainwright; PT $3
** Sonic Foundry (SOFO) Cut to Hold at Maxim
** Staar Surgical (STAA) Cut to Hold at Needham
** Toro (TTC) Cut to Neutral at DA Davidson; PT $87
** United Rentals (URI) Cut to Neutral at UBS
* Initiations
** AbCellera Biologics (ABCL) Rated New Overweight at KeyBanc; PT $6
** Absci (ABSI) Rated New Overweight at KeyBanc; PT $3
** Amprius Technologies (AMPX) Rated New Buy at Alliance Global Partners
** ASP Isotopes (ASPI) Rated New Buy at HC Wainwright; PT $3.25
** AvidXchange (AVDX) Rated New Market Perform at BMO; PT $11
** Birkenstock (BIRK) Rated New Hold at Baptista Research; PT $54
** Calian Group (CGY CN) Reinstated Buy at Laurentian Bank; PT C$75
** Cargo Therapeutics (CRGX) Rated New Buy at Truist Secs; PT $34
*** Rated New Outperform at Cowen
*** Rated New Overweight at JPMorgan; PT $23
*** Rated New Buy at Jefferies; PT $28
** Certara (CERT) Rated New Sector Weight at KeyBanc
** Core Molding (CMT) Rated New Buy at Roth MKM; PT $24
** Crescent Energy Co (CRGY) Rated New Strong Buy at Raymond James; PT $16
** Datadog (DDOG) Rated New Sector Outperform at Scotiabank; PT $138
** Dynatrace (DT) Rated New Sector Outperform at Scotiabank; PT $62
** Eos Energy (EOSE) Rated New Buy at Roth MKM; PT $6
** EverQuote (EVER) Rated New Buy at Craig-Hallum; PT $16
** Fiserv (FI) Rated New Outperform at BMO; PT $152
** FleetCor (FLT) Rated New Outperform at BMO; PT $300
** Hamilton Insurance Group Rated New Equal-Weight at Wells Fargo
*** Hamilton Insurance Group Rated New Buy at Citi; PT $19
*** Hamilton Insurance Group Rated New Market Outperform at JMP
*** Hamilton Insurance Group Rated New Overweight at Morgan Stanley
*** Hamilton Insurance Group Rated New Outperform at BMO; PT $18
** Hilton Worldwide (HLT) Reinstated Equal-Weight at Wells Fargo; PT $168
** Hudson Technologies (HDSN) Reinstated Buy at B Riley; PT $17
** Hyatt (H) Reinstated Overweight at Wells Fargo; PT $138
** Hyster-Yale (HY) Rated New Buy at Roth MKM; PT $85
** I3 Verticals (IIIV) Rated New Market Perform at BMO; PT $24
** Instacart (CART) Rated New Hold at Baptista Research; PT $28.90
** Itron (ITRI) Rated New Buy at Roth MKM; PT $82
** Lavoro (LVRO) Rated New Equal-Weight at Barclays; PT $7
** Marriott Intl (MAR) Reinstated Equal-Weight at Wells Fargo; PT $220
** Microsoft (MSFT) Rated New Buy at China Renaissance; PT $466
** Mid Penn (MPB) Rated New Outperform at KBW; PT $26
** Newpark Resources (NR) Rated New Buy at HC Wainwright; PT $12
** Oculis Holding (OCS) Rated New Buy at Chardan Capital Markets; PT $30
** Ontrak Inc (OTRK) Rated New Buy at Roth MKM; PT $4
** Remitly (RELY) Rated New Market Perform at BMO; PT $25
** Repay Holdings Corp (RPAY) Rated New Market Perform at BMO; PT $9
** Schrodinger (SDGR) Rated New Overweight at KeyBanc; PT $38
** Western Union (WU) Rated New Market Perform at BMO; PT $12
** Xtant Medical (XTNT) Rated New Buy at BTIG; PT $2
6. detsember Euroopas
Upgrades
* AB InBev Raised to Neutral at UBS
* Ericsson Raised to Buy at Carnegie; PT 70 kronor
* Kone Raised to Neutral at BNPP Exane; PT 42 euros
* Ocado Raised to Neutral at JPMorgan; PT 600 pence
* SKF Raised to Outperform at BNPP Exane; PT 240 kronor
* SkiStar Raised to Buy at Nordea; PT 135 kronor
* Stroeer Raised to Overweight at JPMorgan; PT 70 euros
* iomart Raised to Add at Numis; PT 185 pence
Downgrades
* AUTO1 Cut to Neutral at JPMorgan; PT 6.30 euros
* Alfa Laval Cut to Neutral at BNPP Exane; PT 430 kronor
* Asia Dragon Trust PLC Cut to Sell at Stifel
* Balder Cut to Hold at SEB Equities; PT 65 kronor
* Diageo Cut to Sell at UBS
* Dormakaba Cut to Hold at Jefferies; PT 500 Swiss francs
* Endesa Cut to Hold at Kepler Cheuvreux; PT 21 euros
* Epiroc Cut to Underperform at BNPP Exane; PT 200 kronor
* Fabege Cut to Hold at SEB Equities; PT 105 kronor
* H&M Cut to Sell at Deutsche Bank; PT 160 kronor
* Inditex Cut to Sell at Deutsche Bank; PT 35 euros
* Melrose Industries Cut to Neutral at BNPP Exane
* Merck KGaA Cut to Hold at HSBC; PT 170 euros
* Nel Cut to Equal-Weight at Morgan Stanley; PT 9 kroner
* Rotork Cut to Neutral at BNPP Exane; PT 320 pence
* Scout24 SE Cut to Neutral at JPMorgan; PT 73 euros
* Telefonica Deutschland Cut to Sell at M.M. Warburg
* Verbund Cut to Sell at SocGen; PT 77.10 euros
* Volvo Cut to Neutral at BNPP Exane; PT 250 kronor
Initiations
* 3i Rated New Outperform at RBC; PT 2,550 pence
* MorphoSys Rated New Market Perform at Leerink; PT 22 euros
* Seadrill Rated New Buy at Stifel; PT 785.69 kroner
* UPM-Kymmene Reinstated Buy at Kepler Cheuvreux; PT 37 euros
Upgrades
* AB InBev Raised to Neutral at UBS
* Ericsson Raised to Buy at Carnegie; PT 70 kronor
* Kone Raised to Neutral at BNPP Exane; PT 42 euros
* Ocado Raised to Neutral at JPMorgan; PT 600 pence
* SKF Raised to Outperform at BNPP Exane; PT 240 kronor
* SkiStar Raised to Buy at Nordea; PT 135 kronor
* Stroeer Raised to Overweight at JPMorgan; PT 70 euros
* iomart Raised to Add at Numis; PT 185 pence
Downgrades
* AUTO1 Cut to Neutral at JPMorgan; PT 6.30 euros
* Alfa Laval Cut to Neutral at BNPP Exane; PT 430 kronor
* Asia Dragon Trust PLC Cut to Sell at Stifel
* Balder Cut to Hold at SEB Equities; PT 65 kronor
* Diageo Cut to Sell at UBS
* Dormakaba Cut to Hold at Jefferies; PT 500 Swiss francs
* Endesa Cut to Hold at Kepler Cheuvreux; PT 21 euros
* Epiroc Cut to Underperform at BNPP Exane; PT 200 kronor
* Fabege Cut to Hold at SEB Equities; PT 105 kronor
* H&M Cut to Sell at Deutsche Bank; PT 160 kronor
* Inditex Cut to Sell at Deutsche Bank; PT 35 euros
* Melrose Industries Cut to Neutral at BNPP Exane
* Merck KGaA Cut to Hold at HSBC; PT 170 euros
* Nel Cut to Equal-Weight at Morgan Stanley; PT 9 kroner
* Rotork Cut to Neutral at BNPP Exane; PT 320 pence
* Scout24 SE Cut to Neutral at JPMorgan; PT 73 euros
* Telefonica Deutschland Cut to Sell at M.M. Warburg
* Verbund Cut to Sell at SocGen; PT 77.10 euros
* Volvo Cut to Neutral at BNPP Exane; PT 250 kronor
Initiations
* 3i Rated New Outperform at RBC; PT 2,550 pence
* MorphoSys Rated New Market Perform at Leerink; PT 22 euros
* Seadrill Rated New Buy at Stifel; PT 785.69 kroner
* UPM-Kymmene Reinstated Buy at Kepler Cheuvreux; PT 37 euros
USA ja Kanada
* Upgrades
** AutoZone (AZO) Raised to Strong Buy at Raymond James
** Builders FirstSource (BLDR) Raised to Buy at B Riley; PT $177
** Capital One (COF) Raised to Buy at BofA
** Devon (DVN) Raised to Overweight at JPMorgan; PT $58
** Discover Financial (DFS) Raised to Buy at BofA
** Ovintiv (OVV) Raised to Overweight at JPMorgan; PT $58
** Realty Income (O) Raised to Outperform at Wolfe; PT $66
** Shake Shack (SHAK) Raised to Strong Buy at Raymond James; PT $78
** Signet (SIG) Raised to Buy at Citi; PT $119
** Southwestern Energy (SWN) Raised to Neutral at JPMorgan; PT $8.50
** Sphere Entertainment Co (SPHR) Raised to Buy at Guggenheim; PT $40
* Downgrades
** Asana (ASAN) Cut to Reduce at HSBC; PT $18
** BRF (BRFS3 BZ) ADRs Cut to Neutral at JPMorgan
** EOG Resources (EOG) Cut to Neutral at JPMorgan
** PayPal (PYPL) Cut to Neutral at BofA
** Plug Power (PLUG) Cut to Underweight at Morgan Stanley; PT $3
** Range Resources (RRC) Cut to Underweight at JPMorgan; PT $32
** Shopify (SHOP CN) Cut to Neutral at Wedbush; PT C$68
* Initiations
** Advantage Solutions (ADV) Rated New Buy at Canaccord; PT $4
** Agilon Health (AGL) Rated New Market Outperform at JMP; PT $18
** Alight (ALIT) Rated New Buy at Canaccord; PT $12
** AMN Healthcare (AMN) Rated New Market Outperform at JMP; PT $85
** Apollo Global (APO) Reinstated Outperform at BMO; PT $108
** ASGN (ASGN) Rated New Buy at Canaccord; PT $110
** AvidXchange (AVDX) Rated New Buy at BTIG; PT $14
** Blackstone (BX) Reinstated Market Perform at BMO; PT $95
** CI&T Inc (CINT) Rated New Hold at Canaccord; PT $5.50
** Cross Country Health (CCRN) Rated New Market Perform at JMP
** Evolent (EVH) Rated New Market Outperform at JMP; PT $37
** Globant (GLOB) Rated New Hold at Canaccord; PT $230
** Hamilton Insurance Group Rated New Outperform at KBW; PT $20
** HealthStream (HSTM) Rated New Market Perform at JMP
** J M Smucker (SJM) Resumed Equal-Weight at Morgan Stanley; PT $122
** Lightspeed Commerce Inc (LSPD CN) Rated New Neutral at Redburn; PT C$22.57
** Lycos Energy Inc (LCX CN) Rated New Outperform at BMO; PT C$5.50
** Metals Acquisition (MTAL) Rated New Buy at Eight Capital; PT $15
** Privia Health (PRVA) Rated New Market Outperform at JMP; PT $27
** Shift4 Payments (FOUR) Rated New Sell at Redburn; PT $48.68
** Tegna (TGNA) Reinstated Neutral at JPMorgan; PT $17
** Toast (TOST) Rated New Neutral at Redburn; PT $17.45
** TPG (TPG) Reinstated Market Perform at BMO; PT $36
** Trisura (TSU CN) Rated New Outperform at RBC; PT C$40
** Vital Energy Inc (VTLE) Rated New Overweight at KeyBanc; PT $58
* Upgrades
** AutoZone (AZO) Raised to Strong Buy at Raymond James
** Builders FirstSource (BLDR) Raised to Buy at B Riley; PT $177
** Capital One (COF) Raised to Buy at BofA
** Devon (DVN) Raised to Overweight at JPMorgan; PT $58
** Discover Financial (DFS) Raised to Buy at BofA
** Ovintiv (OVV) Raised to Overweight at JPMorgan; PT $58
** Realty Income (O) Raised to Outperform at Wolfe; PT $66
** Shake Shack (SHAK) Raised to Strong Buy at Raymond James; PT $78
** Signet (SIG) Raised to Buy at Citi; PT $119
** Southwestern Energy (SWN) Raised to Neutral at JPMorgan; PT $8.50
** Sphere Entertainment Co (SPHR) Raised to Buy at Guggenheim; PT $40
* Downgrades
** Asana (ASAN) Cut to Reduce at HSBC; PT $18
** BRF (BRFS3 BZ) ADRs Cut to Neutral at JPMorgan
** EOG Resources (EOG) Cut to Neutral at JPMorgan
** PayPal (PYPL) Cut to Neutral at BofA
** Plug Power (PLUG) Cut to Underweight at Morgan Stanley; PT $3
** Range Resources (RRC) Cut to Underweight at JPMorgan; PT $32
** Shopify (SHOP CN) Cut to Neutral at Wedbush; PT C$68
* Initiations
** Advantage Solutions (ADV) Rated New Buy at Canaccord; PT $4
** Agilon Health (AGL) Rated New Market Outperform at JMP; PT $18
** Alight (ALIT) Rated New Buy at Canaccord; PT $12
** AMN Healthcare (AMN) Rated New Market Outperform at JMP; PT $85
** Apollo Global (APO) Reinstated Outperform at BMO; PT $108
** ASGN (ASGN) Rated New Buy at Canaccord; PT $110
** AvidXchange (AVDX) Rated New Buy at BTIG; PT $14
** Blackstone (BX) Reinstated Market Perform at BMO; PT $95
** CI&T Inc (CINT) Rated New Hold at Canaccord; PT $5.50
** Cross Country Health (CCRN) Rated New Market Perform at JMP
** Evolent (EVH) Rated New Market Outperform at JMP; PT $37
** Globant (GLOB) Rated New Hold at Canaccord; PT $230
** Hamilton Insurance Group Rated New Outperform at KBW; PT $20
** HealthStream (HSTM) Rated New Market Perform at JMP
** J M Smucker (SJM) Resumed Equal-Weight at Morgan Stanley; PT $122
** Lightspeed Commerce Inc (LSPD CN) Rated New Neutral at Redburn; PT C$22.57
** Lycos Energy Inc (LCX CN) Rated New Outperform at BMO; PT C$5.50
** Metals Acquisition (MTAL) Rated New Buy at Eight Capital; PT $15
** Privia Health (PRVA) Rated New Market Outperform at JMP; PT $27
** Shift4 Payments (FOUR) Rated New Sell at Redburn; PT $48.68
** Tegna (TGNA) Reinstated Neutral at JPMorgan; PT $17
** Toast (TOST) Rated New Neutral at Redburn; PT $17.45
** TPG (TPG) Reinstated Market Perform at BMO; PT $36
** Trisura (TSU CN) Rated New Outperform at RBC; PT C$40
** Vital Energy Inc (VTLE) Rated New Overweight at KeyBanc; PT $58
7. detsember Euroopas
Upgrades
* Adyen Raised to Buy at Jefferies; PT 1,396 euros
* Aiforia Technologies Raised to Accumulate at Inderes
* Deutsche Post AG Raised to Neutral at JPMorgan; PT 43.80 euros
* Epiroc Raised to Buy at DNB Markets; PT 230 kronor
* SEB Raised to Market Perform at KBW; PT 155 kronor
* Sika Raised to Neutral at JPMorgan; PT 237 Swiss francs
* Telia Raised to Neutral at BNPP Exane; PT 25 kronor
Downgrades
* Air France-KLM Cut to Underweight at JPMorgan
* Boliden Cut to Underweight at Morgan Stanley; PT 250 kronor
* Continental Cut to Hold at HSBC; PT 75 euros
* IAG Cut to Underweight at JPMorgan
* Kering Cut to Neutral at BNPP Exane; PT 440 euros
* Kingspan Cut to Underweight at JPMorgan; PT 65 euros
* Lufthansa Cut to Underweight at JPMorgan
* Petrofac Cut to Hold at SocGen; PT 26 pence
* Pierer Mobility Cut to Hold at Stifel; PT 63.66 euros
* Rockwool Cut to Underweight at JPMorgan; PT 1,720 kroner
* SSAB Cut to Equal-Weight at Morgan Stanley; PT 80 kronor
* Salvatore Ferragamo Cut to Sell at Deutsche Bank; PT 11 euros
* Swatch Cut to Hold at Deutsche Bank; PT 240 Swiss francs
* Vodafone Cut to Underperform at BNPP Exane; PT 68 pence
* Wallenius Wilhelmsen Cut to Hold at Kepler Cheuvreux
* Worldline Cut to Underperform at Jefferies; PT 12.30 euros
Initiations
* CAF Rated New Buy at SocGen; PT 42 euros
Upgrades
* Adyen Raised to Buy at Jefferies; PT 1,396 euros
* Aiforia Technologies Raised to Accumulate at Inderes
* Deutsche Post AG Raised to Neutral at JPMorgan; PT 43.80 euros
* Epiroc Raised to Buy at DNB Markets; PT 230 kronor
* SEB Raised to Market Perform at KBW; PT 155 kronor
* Sika Raised to Neutral at JPMorgan; PT 237 Swiss francs
* Telia Raised to Neutral at BNPP Exane; PT 25 kronor
Downgrades
* Air France-KLM Cut to Underweight at JPMorgan
* Boliden Cut to Underweight at Morgan Stanley; PT 250 kronor
* Continental Cut to Hold at HSBC; PT 75 euros
* IAG Cut to Underweight at JPMorgan
* Kering Cut to Neutral at BNPP Exane; PT 440 euros
* Kingspan Cut to Underweight at JPMorgan; PT 65 euros
* Lufthansa Cut to Underweight at JPMorgan
* Petrofac Cut to Hold at SocGen; PT 26 pence
* Pierer Mobility Cut to Hold at Stifel; PT 63.66 euros
* Rockwool Cut to Underweight at JPMorgan; PT 1,720 kroner
* SSAB Cut to Equal-Weight at Morgan Stanley; PT 80 kronor
* Salvatore Ferragamo Cut to Sell at Deutsche Bank; PT 11 euros
* Swatch Cut to Hold at Deutsche Bank; PT 240 Swiss francs
* Vodafone Cut to Underperform at BNPP Exane; PT 68 pence
* Wallenius Wilhelmsen Cut to Hold at Kepler Cheuvreux
* Worldline Cut to Underperform at Jefferies; PT 12.30 euros
Initiations
* CAF Rated New Buy at SocGen; PT 42 euros
USA ja Kanada
* Upgrades
** Biogen (BIIB) Raised to Outperform at Raymond James; PT $283
** Bioventus (BVS) Raised to Buy at Canaccord; PT $7
** Datadog (DDOG) Raised to Buy at Stifel; PT $140
** JB Hunt (JBHT) Raised to Neutral at UBS; PT $205
** Qiagen (QIA GR) Raised to Buy at Goldman
** Schneider National (SNDR) Raised to Equal-Weight at Wells Fargo; PT $25
** Vistagen Therapeutics Inc (VTGN) Raised to Buy at Jefferies; PT $15
* Downgrades
** 5e Advanced Materials (FEAM) Cut to Neutral at B Riley; PT $2.50
** Cerevel Therapeutics (CERE) Cut to Neutral at Cantor; PT $45
*** Cut to Neutral at Piper Sandler; PT $45
** Danaher (DHR) Cut to Neutral at Goldman
** FMC Corp (FMC) Cut to Neutral at Mizuho Securities; PT $59
** Gildan Activewear (GIL CN) Cut to Hold at Edward Jone
** Sprinklr (CXM) Cut to Neutral at BTIG
** Take-Two (TTWO) Cut to Neutral at BofA; PT $170
* Initiations
** Airbus (AIR FP) ADRs Rated New Sell at Berenberg; PT $27
** Bumble (BMBL) Rated New Overweight at Wells Fargo; PT $19
** Coca-Cola Femsa (KOFUBL MM) ADRs Rated New Neutral at Citi; PT $90
** Elanco Animal Health (ELAN) Rated New Outperform at BNPP Exane; PT $18
** Femsa (FEMSAUBD MM) ADRs Reinstated Neutral at Citi; PT $134
** First Industrial Realty (FR) Rated New Equal-Weight at Wells Fargo
** Idexx Labs (IDXX) Rated New Outperform at BNPP Exane; PT $602
** LCI Industries (LCII) Rated New Market Perform at BMO; PT $105
** Lucid (LCID) Rated New Hold at Stifel; PT $5
** Match Group (MTCH) Rated New Equal-Weight at Wells Fargo; PT $32
** Olin (OLN) Rated New Hold at Deutsche Bank; PT $52
** Patrick Industries (PATK) Rated New Outperform at BMO; PT $105
** Phibro Animal (PAHC) Rated New Underperform at BNPP Exane; PT $9
** Pure Storage (PSTG) Rated New Buy at Guggenheim; PT $48
** Rivian (RIVN) Rated New Buy at Stifel; PT $23
** Terreno Realty (TRNO) Rated New Overweight at Wells Fargo; PT $71
** Vaxcyte (PCVX) Rated New Buy at Mizuho Securities; PT $69
** Zoetis (ZTS) Rated New Outperform at BNPP Exane; PT $237
* Upgrades
** Biogen (BIIB) Raised to Outperform at Raymond James; PT $283
** Bioventus (BVS) Raised to Buy at Canaccord; PT $7
** Datadog (DDOG) Raised to Buy at Stifel; PT $140
** JB Hunt (JBHT) Raised to Neutral at UBS; PT $205
** Qiagen (QIA GR) Raised to Buy at Goldman
** Schneider National (SNDR) Raised to Equal-Weight at Wells Fargo; PT $25
** Vistagen Therapeutics Inc (VTGN) Raised to Buy at Jefferies; PT $15
* Downgrades
** 5e Advanced Materials (FEAM) Cut to Neutral at B Riley; PT $2.50
** Cerevel Therapeutics (CERE) Cut to Neutral at Cantor; PT $45
*** Cut to Neutral at Piper Sandler; PT $45
** Danaher (DHR) Cut to Neutral at Goldman
** FMC Corp (FMC) Cut to Neutral at Mizuho Securities; PT $59
** Gildan Activewear (GIL CN) Cut to Hold at Edward Jone
** Sprinklr (CXM) Cut to Neutral at BTIG
** Take-Two (TTWO) Cut to Neutral at BofA; PT $170
* Initiations
** Airbus (AIR FP) ADRs Rated New Sell at Berenberg; PT $27
** Bumble (BMBL) Rated New Overweight at Wells Fargo; PT $19
** Coca-Cola Femsa (KOFUBL MM) ADRs Rated New Neutral at Citi; PT $90
** Elanco Animal Health (ELAN) Rated New Outperform at BNPP Exane; PT $18
** Femsa (FEMSAUBD MM) ADRs Reinstated Neutral at Citi; PT $134
** First Industrial Realty (FR) Rated New Equal-Weight at Wells Fargo
** Idexx Labs (IDXX) Rated New Outperform at BNPP Exane; PT $602
** LCI Industries (LCII) Rated New Market Perform at BMO; PT $105
** Lucid (LCID) Rated New Hold at Stifel; PT $5
** Match Group (MTCH) Rated New Equal-Weight at Wells Fargo; PT $32
** Olin (OLN) Rated New Hold at Deutsche Bank; PT $52
** Patrick Industries (PATK) Rated New Outperform at BMO; PT $105
** Phibro Animal (PAHC) Rated New Underperform at BNPP Exane; PT $9
** Pure Storage (PSTG) Rated New Buy at Guggenheim; PT $48
** Rivian (RIVN) Rated New Buy at Stifel; PT $23
** Terreno Realty (TRNO) Rated New Overweight at Wells Fargo; PT $71
** Vaxcyte (PCVX) Rated New Buy at Mizuho Securities; PT $69
** Zoetis (ZTS) Rated New Outperform at BNPP Exane; PT $237
8. detsember Euroopas
Upgrades
* Adyen Raised to Buy at Citi; PT 1,400 euros
* Airbus Raised to Buy at Deutsche Bank; PT 152 euros
* Ericsson Raised to Buy at Jefferies; PT 70 kronor
* Hexagon Raised to Neutral at Bryan Garnier; PT 105 kronor
* LeadDesk Raised to Buy at Inderes; PT 8 euros
* Lloyds Raised to Neutral at Redburn; PT 50 pence
* Nexi Raised to Buy at Citi; PT 8.60 euros
* OMV Raised to Neutral at JPMorgan
* Sainsbury Raised to Buy at Goldman; PT 350 pence
Downgrades
* Alstom Cut to Neutral at JPMorgan; PT 14.40 euros
* Epiroc Cut to Underweight at JPMorgan; PT 180 kronor
* Galp Cut to Underweight at JPMorgan
* Huhtamaki Cut to Accumulate at Inderes; PT 40 euros
* Imperial Brands Cut to Sector Perform at RBC; PT 1,800 pence
* MTU Aero Cut to Hold at Deutsche Bank; PT 199 euros
* Nemetschek Cut to Hold at Berenberg; PT 78 euros
* Nokia Cut to Hold at Jefferies; PT 3 euros
* Rexel Cut to Neutral at JPMorgan; PT 25 euros
* SKF Cut to Underweight at JPMorgan; PT 170 kronor
* Safran Cut to Hold at Deutsche Bank; PT 170 euros
* Sandvik Cut to Neutral at JPMorgan; PT 195 kronor
* Siemens Energy Cut to Underweight at JPMorgan; PT 9.20 euros
* Stadler Rail Cut to Underweight at JPMorgan; PT 30 Swiss francs
Initiations
* Kingspan Rated New Neutral at Citi; PT 75 euros
* Legrand Rated New Outperform at Cowen; PT 120 euros
* Rexel Rated New Outperform at Cowen; PT 30 euros
Upgrades
* Adyen Raised to Buy at Citi; PT 1,400 euros
* Airbus Raised to Buy at Deutsche Bank; PT 152 euros
* Ericsson Raised to Buy at Jefferies; PT 70 kronor
* Hexagon Raised to Neutral at Bryan Garnier; PT 105 kronor
* LeadDesk Raised to Buy at Inderes; PT 8 euros
* Lloyds Raised to Neutral at Redburn; PT 50 pence
* Nexi Raised to Buy at Citi; PT 8.60 euros
* OMV Raised to Neutral at JPMorgan
* Sainsbury Raised to Buy at Goldman; PT 350 pence
Downgrades
* Alstom Cut to Neutral at JPMorgan; PT 14.40 euros
* Epiroc Cut to Underweight at JPMorgan; PT 180 kronor
* Galp Cut to Underweight at JPMorgan
* Huhtamaki Cut to Accumulate at Inderes; PT 40 euros
* Imperial Brands Cut to Sector Perform at RBC; PT 1,800 pence
* MTU Aero Cut to Hold at Deutsche Bank; PT 199 euros
* Nemetschek Cut to Hold at Berenberg; PT 78 euros
* Nokia Cut to Hold at Jefferies; PT 3 euros
* Rexel Cut to Neutral at JPMorgan; PT 25 euros
* SKF Cut to Underweight at JPMorgan; PT 170 kronor
* Safran Cut to Hold at Deutsche Bank; PT 170 euros
* Sandvik Cut to Neutral at JPMorgan; PT 195 kronor
* Siemens Energy Cut to Underweight at JPMorgan; PT 9.20 euros
* Stadler Rail Cut to Underweight at JPMorgan; PT 30 Swiss francs
Initiations
* Kingspan Rated New Neutral at Citi; PT 75 euros
* Legrand Rated New Outperform at Cowen; PT 120 euros
* Rexel Rated New Outperform at Cowen; PT 30 euros
11. detsember Euroopas
Upgrades
* ABB Raised to Buy at Citi; PT 42 Swiss francs
* ArcelorMittal Raised to Outperform at Oddo BHF; PT 32 euros
* Carlsberg Raised to Buy at HSBC; PT 970 kroner
* Genuit Group Raised to Buy at Peel Hunt; PT 400 pence
* Ionos Raised to Overweight at JPMorgan; PT 19 euros
* Orsted Raised to Equal-Weight at Barclays; PT 400 kroner
* QinetiQ Raised to Overweight at JPMorgan; PT 440 pence
* Reckitt Raised to Outperform at Bernstein
* Subsea 7 Raised to Neutral at JPMorgan; PT 160 kroner
Downgrades
* Anglo American Cut to Market Perform at BMO; PT 2,000 pence
* ERG Cut to Underweight at Morgan Stanley; PT 27.30 euros
* Encavis Cut to Underweight at Morgan Stanley; PT 12 euros
* Endesa Cut to Underweight at Morgan Stanley; PT 18.50 euros
* Groupe LDLC Cut to Hold at TP ICAP Midcap; PT 23 euros
* Lonza Cut to Underperform at RBC; PT 270 Swiss francs
* Lufthansa Cut to Hold at Goodbody; PT 8.80 euros
* Orkla Cut to Underperform at Bernstein
* Pernod Ricard Cut to Reduce at HSBC; PT 142 euros
* TEN Entertainment Cut to Hold at Berenberg; PT 413 pence
* Unicaja Cut to Neutral at Citi; PT 1.08 euros
Initiations
* Akastor Rated New Buy at Nordea; PT 17 kroner
* BioArctic Rated New Buy at Goldman; PT 354 kronor
* Brickability Group Rated New Buy at Peel Hunt; PT 85 pence
* MT Hoejgaard Holding A/S Rated New Buy at SEB Equities
* Syensqo Rated New Buy at Equita; PT 115 euros
Upgrades
* ABB Raised to Buy at Citi; PT 42 Swiss francs
* ArcelorMittal Raised to Outperform at Oddo BHF; PT 32 euros
* Carlsberg Raised to Buy at HSBC; PT 970 kroner
* Genuit Group Raised to Buy at Peel Hunt; PT 400 pence
* Ionos Raised to Overweight at JPMorgan; PT 19 euros
* Orsted Raised to Equal-Weight at Barclays; PT 400 kroner
* QinetiQ Raised to Overweight at JPMorgan; PT 440 pence
* Reckitt Raised to Outperform at Bernstein
* Subsea 7 Raised to Neutral at JPMorgan; PT 160 kroner
Downgrades
* Anglo American Cut to Market Perform at BMO; PT 2,000 pence
* ERG Cut to Underweight at Morgan Stanley; PT 27.30 euros
* Encavis Cut to Underweight at Morgan Stanley; PT 12 euros
* Endesa Cut to Underweight at Morgan Stanley; PT 18.50 euros
* Groupe LDLC Cut to Hold at TP ICAP Midcap; PT 23 euros
* Lonza Cut to Underperform at RBC; PT 270 Swiss francs
* Lufthansa Cut to Hold at Goodbody; PT 8.80 euros
* Orkla Cut to Underperform at Bernstein
* Pernod Ricard Cut to Reduce at HSBC; PT 142 euros
* TEN Entertainment Cut to Hold at Berenberg; PT 413 pence
* Unicaja Cut to Neutral at Citi; PT 1.08 euros
Initiations
* Akastor Rated New Buy at Nordea; PT 17 kroner
* BioArctic Rated New Buy at Goldman; PT 354 kronor
* Brickability Group Rated New Buy at Peel Hunt; PT 85 pence
* MT Hoejgaard Holding A/S Rated New Buy at SEB Equities
* Syensqo Rated New Buy at Equita; PT 115 euros
12. detsember Euroopas
Upgrades
* Aalberts Raised to Overweight at Morgan Stanley
* Kojamo Raised to Neutral at JPMorgan; PT 12 euros
* On The Beach Raised to Buy at Liberum
* Robit Raised to Accumulate at Inderes; PT 1.50 euros
* Saab Raised to Buy at Citi; PT 643 kronor
* Signify Raised to Overweight at Morgan Stanley
* SkiStar Raised to Hold at Handelsbanken
* Spirent Raised to Buy at Numis; PT 155 pence
* Virgin Money Raised to Outperform at Macquarie
Downgrades
* Billerud Cut to Hold at Danske Bank Markets; PT 112.20 kronor
* Castellum Cut to Hold at Handelsbanken
* Catena Cut to Hold at Handelsbanken
* Dassault Aviation Cut to Neutral at Oddo BHF
* Dios Cut to Hold at Handelsbanken
* Endesa Cut to Hold at SocGen; PT 21 euros
* Fluidra Cut to Neutral at Citi; PT 19.50 euros
* Harvia Cut to Reduce at Inderes; PT 25 euros
* Holmen Cut to Hold at Danske Bank Markets; PT 470 kronor
* Klarabo Sverige Cut to Hold at Handelsbanken
* Legrand Cut to Equal-Weight at Morgan Stanley
* Merck KGaA Cut to Neutral at BNPP Exane; PT 150 euros
* Metsa Board Cut to Hold at Danske Bank Markets; PT 7.50 euros
* NP3 Fastigheter Cut to Hold at Handelsbanken
* Pandox Cut to Hold at Handelsbanken
* Rockwool Cut to Sell at Goldman; PT 1,710 kroner
* SCA Cut to Sell at Danske Bank Markets; PT 150 kronor
* Sagax Cut to Sell at Handelsbanken
* Sandvik Cut to Equal-Weight at Morgan Stanley
* Stora Enso Cut to Hold at Danske Bank Markets; PT 13 euros
* UPM-Kymmene Cut to Hold at Danske Bank Markets; PT 35 euros
* VGP Cut to Underweight at JPMorgan; PT 85 euros
* Wartsila Cut to Underweight at Morgan Stanley
* Wihlborgs Cut to Hold at Handelsbanken
Initiations
* 3i Infra Rated New Overweight at Barclays; PT 385 pence
* Alcon Reinstated Buy at Stifel; PT 74.80 Swiss francs
* BBGI Global Infrastructure SA Rated New Underweight at Barclays
* Brunello Cucinelli Rated New Outperform at CICC; PT 90 euros
* CORD LN Rated New Overweight at Barclays; PT 112 pence
* Digital 9 Infrastructure/Fund Rated New Equal-Weight at Barclays
* GCP Infra Rated New Underweight at Barclays; PT 70 pence
* Hicl Infrastructure Rated New Equal-Weight at Barclays
* Intl Public Partnerships Rated New Equal-Weight at Barclays
* Pantheon Infrastructure Rated New Overweight at Barclays
* SCA Rated New Neutral at Citi; PT 160 kronor
* Santhera Rated New Hold at Octavian; PT 12 Swiss francs
* Sequoia Economic Rated New Overweight at Barclays; PT 95 pence
* Solvay Resumed Equal-Weight at Morgan Stanley; PT 25 euros
* Syensqo Rated New Buy at Berenberg; PT 117 euros
* Syensqo Rated New Equal-Weight at Morgan Stanley; PT 90 euros
Upgrades
* Aalberts Raised to Overweight at Morgan Stanley
* Kojamo Raised to Neutral at JPMorgan; PT 12 euros
* On The Beach Raised to Buy at Liberum
* Robit Raised to Accumulate at Inderes; PT 1.50 euros
* Saab Raised to Buy at Citi; PT 643 kronor
* Signify Raised to Overweight at Morgan Stanley
* SkiStar Raised to Hold at Handelsbanken
* Spirent Raised to Buy at Numis; PT 155 pence
* Virgin Money Raised to Outperform at Macquarie
Downgrades
* Billerud Cut to Hold at Danske Bank Markets; PT 112.20 kronor
* Castellum Cut to Hold at Handelsbanken
* Catena Cut to Hold at Handelsbanken
* Dassault Aviation Cut to Neutral at Oddo BHF
* Dios Cut to Hold at Handelsbanken
* Endesa Cut to Hold at SocGen; PT 21 euros
* Fluidra Cut to Neutral at Citi; PT 19.50 euros
* Harvia Cut to Reduce at Inderes; PT 25 euros
* Holmen Cut to Hold at Danske Bank Markets; PT 470 kronor
* Klarabo Sverige Cut to Hold at Handelsbanken
* Legrand Cut to Equal-Weight at Morgan Stanley
* Merck KGaA Cut to Neutral at BNPP Exane; PT 150 euros
* Metsa Board Cut to Hold at Danske Bank Markets; PT 7.50 euros
* NP3 Fastigheter Cut to Hold at Handelsbanken
* Pandox Cut to Hold at Handelsbanken
* Rockwool Cut to Sell at Goldman; PT 1,710 kroner
* SCA Cut to Sell at Danske Bank Markets; PT 150 kronor
* Sagax Cut to Sell at Handelsbanken
* Sandvik Cut to Equal-Weight at Morgan Stanley
* Stora Enso Cut to Hold at Danske Bank Markets; PT 13 euros
* UPM-Kymmene Cut to Hold at Danske Bank Markets; PT 35 euros
* VGP Cut to Underweight at JPMorgan; PT 85 euros
* Wartsila Cut to Underweight at Morgan Stanley
* Wihlborgs Cut to Hold at Handelsbanken
Initiations
* 3i Infra Rated New Overweight at Barclays; PT 385 pence
* Alcon Reinstated Buy at Stifel; PT 74.80 Swiss francs
* BBGI Global Infrastructure SA Rated New Underweight at Barclays
* Brunello Cucinelli Rated New Outperform at CICC; PT 90 euros
* CORD LN Rated New Overweight at Barclays; PT 112 pence
* Digital 9 Infrastructure/Fund Rated New Equal-Weight at Barclays
* GCP Infra Rated New Underweight at Barclays; PT 70 pence
* Hicl Infrastructure Rated New Equal-Weight at Barclays
* Intl Public Partnerships Rated New Equal-Weight at Barclays
* Pantheon Infrastructure Rated New Overweight at Barclays
* SCA Rated New Neutral at Citi; PT 160 kronor
* Santhera Rated New Hold at Octavian; PT 12 Swiss francs
* Sequoia Economic Rated New Overweight at Barclays; PT 95 pence
* Solvay Resumed Equal-Weight at Morgan Stanley; PT 25 euros
* Syensqo Rated New Buy at Berenberg; PT 117 euros
* Syensqo Rated New Equal-Weight at Morgan Stanley; PT 90 euros
13. detsember
Upgrades
* Paragon Raised to Outperform at RBC; PT 850 pence
* Porsche AG Raised to Buy at HSBC; PT 100 euros
* TotalEnergies Raised to Outperform at BNPP Exane; PT 75 euros
* VW Raised to Neutral at BNPP Exane
* Wolters Kluwer Raised to Overweight at JPMorgan; PT 145 euros
Downgrades
* Adevinta Cut to Equal-Weight at Barclays; PT 115 kroner
* Aixtron Cut to Hold at M.M. Warburg; PT 36.50 euros
* Anglo American Cut to Hold at HSBC; PT 1,800 pence
* Ferrari Cut to Neutral at BNPP Exane
* Hemnet Cut to Hold at Pareto Securities; PT 230 kronor
* Inditex Cut to Sell at Alantra Equities; PT 39.50 euros
* LVMH Cut to Neutral at JPMorgan; PT 790 euros
* Mercedes Cut to Underperform at BNPP Exane
* Repsol Cut to Neutral at BNPP Exane; PT 15 euros
* Shell Cut to Neutral at BNPP Exane
* Viaplay Cut to Sell at DNB Markets; PT 5.30 kronor
* WPP Cut to Neutral at JPMorgan; PT 850 pence
Initiations
* Better Collective Rated New Buy at Jefferies; PT 340 kronor
* Cibus Nordic Real Estate Rated New Sell at ABG; PT 125 kronor
* Exclusive Networks Rated New Underperform at Oddo BHF
* Gigante Salmon Rated New Buy at SpareBank; PT 16 kroner
* Grifols Rated New Buy at SocGen
* Siegfried Rated New Buy at SocGen; PT 966 Swiss francs
* Syensqo Rated New Buy at Deutsche Bank; PT 115 euros
* VAT Rated New Buy at William O’Neil
Upgrades
* Paragon Raised to Outperform at RBC; PT 850 pence
* Porsche AG Raised to Buy at HSBC; PT 100 euros
* TotalEnergies Raised to Outperform at BNPP Exane; PT 75 euros
* VW Raised to Neutral at BNPP Exane
* Wolters Kluwer Raised to Overweight at JPMorgan; PT 145 euros
Downgrades
* Adevinta Cut to Equal-Weight at Barclays; PT 115 kroner
* Aixtron Cut to Hold at M.M. Warburg; PT 36.50 euros
* Anglo American Cut to Hold at HSBC; PT 1,800 pence
* Ferrari Cut to Neutral at BNPP Exane
* Hemnet Cut to Hold at Pareto Securities; PT 230 kronor
* Inditex Cut to Sell at Alantra Equities; PT 39.50 euros
* LVMH Cut to Neutral at JPMorgan; PT 790 euros
* Mercedes Cut to Underperform at BNPP Exane
* Repsol Cut to Neutral at BNPP Exane; PT 15 euros
* Shell Cut to Neutral at BNPP Exane
* Viaplay Cut to Sell at DNB Markets; PT 5.30 kronor
* WPP Cut to Neutral at JPMorgan; PT 850 pence
Initiations
* Better Collective Rated New Buy at Jefferies; PT 340 kronor
* Cibus Nordic Real Estate Rated New Sell at ABG; PT 125 kronor
* Exclusive Networks Rated New Underperform at Oddo BHF
* Gigante Salmon Rated New Buy at SpareBank; PT 16 kroner
* Grifols Rated New Buy at SocGen
* Siegfried Rated New Buy at SocGen; PT 966 Swiss francs
* Syensqo Rated New Buy at Deutsche Bank; PT 115 euros
* VAT Rated New Buy at William O’Neil
14. detsember Euroopas
Upgrades
* AMS-Osram Raised to Buy at Jefferies; PT 2.70 Swiss francs
* ArcelorMittal Raised to Overweight at JPMorgan; PT 30 euros
* Care Property Invest NV Raised to Buy at KBC Securities
* Compass Group Raised to Overweight at JPMorgan; PT 2,500 pence
* Credit Agricole Raised to Buy at SocGen; PT 13.50 euros
* Elior Group Raised to Neutral at JPMorgan; PT 3 euros
* Finnair Raised to Hold at HSBC; PT 4 euro cents
* Komplett Raised to Buy at Pareto Securities; PT 15 kroner
* Logista Raised to Buy at Alantra Equities; PT 29.50 euros
* Marston’s Raised to Overweight at JPMorgan; PT 58 pence
* Rio Tinto Raised to Overweight at JPMorgan; PT 7,000 pence
* UMG Raised to Buy at Citi; PT 29 euros
* WithSecure Raised to Accumulate at Inderes; PT 1.10 euros
* iomart Raised to Reduce at Peel Hunt; PT 149 pence
Downgrades
* Admicom Cut to Accumulate at Inderes; PT 48 euros
* Ahold Delhaize Cut to Neutral at BNPP Exane; PT 29 euros
* Barratt Cut to Neutral at Citi; PT 571 pence
* Berkeley Cut to Hold at Peel Hunt; PT 4,450 pence
* Cyfrowy Cut to Accumulate at Erste Group; PT 15 zloty
* Next Cut to Hold at Stifel; PT 8,400 pence
* Publicis Cut to Neutral at Citi; PT 90 euros
* Severn Trent Cut to Underweight at JPMorgan; PT 2,450 pence
* Vestas Cut to Hold at Jyske Bank; PT 185 kroner
* Wolters Kluwer Cut to Sell at Citi; PT 112.50 euros
Initiations
* Bilia Reinstated Buy at Nordea; PT 140 kronor
* Capital Gearing Trust Rated New Outperform at Peel Hunt
* DiscoverIE Rated New Buy at Redburn; PT 925 pence
* Fasadgruppen Group Rated New Buy at Kepler Cheuvreux
* Llorente & Cuenca Rated New Outperform at Renta 4
* Quilter Reinstated Neutral at Goldman; PT 100 pence
* Safilo Rated New Hold at Stifel; PT 99 euro cents
* Vonovia Reinstated Buy at ING; PT 35 euros
* d’Amico Intl Shipping Reinstated Buy at Fearnley; PT 7.80 euros
Upgrades
* AMS-Osram Raised to Buy at Jefferies; PT 2.70 Swiss francs
* ArcelorMittal Raised to Overweight at JPMorgan; PT 30 euros
* Care Property Invest NV Raised to Buy at KBC Securities
* Compass Group Raised to Overweight at JPMorgan; PT 2,500 pence
* Credit Agricole Raised to Buy at SocGen; PT 13.50 euros
* Elior Group Raised to Neutral at JPMorgan; PT 3 euros
* Finnair Raised to Hold at HSBC; PT 4 euro cents
* Komplett Raised to Buy at Pareto Securities; PT 15 kroner
* Logista Raised to Buy at Alantra Equities; PT 29.50 euros
* Marston’s Raised to Overweight at JPMorgan; PT 58 pence
* Rio Tinto Raised to Overweight at JPMorgan; PT 7,000 pence
* UMG Raised to Buy at Citi; PT 29 euros
* WithSecure Raised to Accumulate at Inderes; PT 1.10 euros
* iomart Raised to Reduce at Peel Hunt; PT 149 pence
Downgrades
* Admicom Cut to Accumulate at Inderes; PT 48 euros
* Ahold Delhaize Cut to Neutral at BNPP Exane; PT 29 euros
* Barratt Cut to Neutral at Citi; PT 571 pence
* Berkeley Cut to Hold at Peel Hunt; PT 4,450 pence
* Cyfrowy Cut to Accumulate at Erste Group; PT 15 zloty
* Next Cut to Hold at Stifel; PT 8,400 pence
* Publicis Cut to Neutral at Citi; PT 90 euros
* Severn Trent Cut to Underweight at JPMorgan; PT 2,450 pence
* Vestas Cut to Hold at Jyske Bank; PT 185 kroner
* Wolters Kluwer Cut to Sell at Citi; PT 112.50 euros
Initiations
* Bilia Reinstated Buy at Nordea; PT 140 kronor
* Capital Gearing Trust Rated New Outperform at Peel Hunt
* DiscoverIE Rated New Buy at Redburn; PT 925 pence
* Fasadgruppen Group Rated New Buy at Kepler Cheuvreux
* Llorente & Cuenca Rated New Outperform at Renta 4
* Quilter Reinstated Neutral at Goldman; PT 100 pence
* Safilo Rated New Hold at Stifel; PT 99 euro cents
* Vonovia Reinstated Buy at ING; PT 35 euros
* d’Amico Intl Shipping Reinstated Buy at Fearnley; PT 7.80 euros
15. detsember Euroopas
Upgrades
* AUTO1 Raised to Buy at HSBC; PT 7 euros
* Antin Raised to Overweight at JPMorgan; PT 16.90 euros
* EQT Raised to Neutral at JPMorgan; PT 260.20 kronor
* LPP Raised to Overweight at JPMorgan; PT 20,000 zloty
* Mitchells & Butlers Raised to Buy at Investec; PT 270 pence
* Pepco Group Raised to Overweight at JPMorgan; PT 31 zloty
* Redcare Pharmacy NV Raised to Buy at Bankhaus Metzler
* Trainline Raised to Equal-Weight at Barclays; PT 355 pence
Downgrades
* Banco BPM Cut to Hold at Jefferies; PT 5.50 euros
* Centrica Cut to Hold at SocGen; PT 160 pence
* Dustin Cut to Hold at Kepler Cheuvreux; PT 10 kronor
* Energy Srl Cut to Reduce at Kepler Cheuvreux; PT 1.70 euros
* GenSight Biologics Cut to Hold at Kepler Cheuvreux
* Gofore Cut to Accumulate at Inderes; PT 26 euros
* Nokia Cut to Sell at Citi; PT 2.70 euros
* Norsk Hydro Cut to Neutral at Citi; PT 71 kroner
* SOITEC Cut to Neutral at Citi; PT 180 euros
* Sabadell Cut to Equal-Weight at Barclays; PT 1.40 euros
Initiations
* Attendo Rated New Buy at Kepler Cheuvreux; PT 46 kronor
* Derwent London Re-Initiated Hold at Berenberg; PT 2,512 pence
* Great Portland Re-Initiated Hold at Berenberg; PT 453 pence
* Helical Re-Initiated Buy at Berenberg; PT 253 pence
* Hochschild Mining Rated New Buy at Canaccord; PT 145 pence
* Inchcape Reinstated Outperform at BNPP Exane; PT 920 pence
* Kempower Rated New Buy at Nordea; PT 36.90 euros
* Lonza Reinstated Reduce at Kepler Cheuvreux
* MBB SE Rated New Outperform at Oddo BHF; PT 130 euros
* Secunet Security Networks Rated New Sell at Hauck & Aufhaeuser
* Shaftesbury Capital Re-Initiated Buy at Berenberg; PT 160 pence
Upgrades
* AUTO1 Raised to Buy at HSBC; PT 7 euros
* Antin Raised to Overweight at JPMorgan; PT 16.90 euros
* EQT Raised to Neutral at JPMorgan; PT 260.20 kronor
* LPP Raised to Overweight at JPMorgan; PT 20,000 zloty
* Mitchells & Butlers Raised to Buy at Investec; PT 270 pence
* Pepco Group Raised to Overweight at JPMorgan; PT 31 zloty
* Redcare Pharmacy NV Raised to Buy at Bankhaus Metzler
* Trainline Raised to Equal-Weight at Barclays; PT 355 pence
Downgrades
* Banco BPM Cut to Hold at Jefferies; PT 5.50 euros
* Centrica Cut to Hold at SocGen; PT 160 pence
* Dustin Cut to Hold at Kepler Cheuvreux; PT 10 kronor
* Energy Srl Cut to Reduce at Kepler Cheuvreux; PT 1.70 euros
* GenSight Biologics Cut to Hold at Kepler Cheuvreux
* Gofore Cut to Accumulate at Inderes; PT 26 euros
* Nokia Cut to Sell at Citi; PT 2.70 euros
* Norsk Hydro Cut to Neutral at Citi; PT 71 kroner
* SOITEC Cut to Neutral at Citi; PT 180 euros
* Sabadell Cut to Equal-Weight at Barclays; PT 1.40 euros
Initiations
* Attendo Rated New Buy at Kepler Cheuvreux; PT 46 kronor
* Derwent London Re-Initiated Hold at Berenberg; PT 2,512 pence
* Great Portland Re-Initiated Hold at Berenberg; PT 453 pence
* Helical Re-Initiated Buy at Berenberg; PT 253 pence
* Hochschild Mining Rated New Buy at Canaccord; PT 145 pence
* Inchcape Reinstated Outperform at BNPP Exane; PT 920 pence
* Kempower Rated New Buy at Nordea; PT 36.90 euros
* Lonza Reinstated Reduce at Kepler Cheuvreux
* MBB SE Rated New Outperform at Oddo BHF; PT 130 euros
* Secunet Security Networks Rated New Sell at Hauck & Aufhaeuser
* Shaftesbury Capital Re-Initiated Buy at Berenberg; PT 160 pence
USA ja Kanada
* Upgrades
** Alteryx (AYX) Raised to Neutral at Piper Sandler; PT $50
** AMD (AMD) Raised to Buy at BofA
** Cencora (COR) Inc Raised to Buy at CFRA; PT $222
** Credicorp (BAP) Raised to Overweight at JPMorgan; PT $190
** CubeSmart (CUBE) Raised to Outperform at BMO; PT $49
** Elanco Animal Health (ELAN) Raised to Overweight at Morgan Stanley
** Equifax (EFX) Raised to Overweight at Wells Fargo; PT $290
** GE (GE) Raised to Overweight at Wells Fargo; PT $144
** Global Business Travel Group (GBTG) Raised to Buy at Citi; PT $8
** Intel (INTC) Raised to Neutral at BofA
** Macom (MTSI) Raised to Buy at BofA
** Micron (MU) Raised to Buy at BofA
** Moody's (MCO) Raised to Overweight at Wells Fargo; PT $455
** Omnicom (OMC) Raised to Overweight at Morgan Stanley; PT $100
** Priority Technology Hold (PRTHU) Raised to Buy at B Riley; PT $10
** RCM (RCM) Raised to Overweight at Morgan Stanley; PT $17
** SBA Comms (SBAC) Raised to Outperform at BMO; PT $285
** SQM (SQM/B CI) ADRs Raised to Neutral at Goldman; PT $54.50
** Vornado Realty (VNO) Raised to Market Perform at BMO; PT $31
* Downgrades
** Aadi Bioscience Inc (AADI) Cut to Neutral at HC Wainwright
** Ameren (AEE) Cut to Sector Weight at KeyBanc
** Arthur J Gallagher (AJG) Cut to Underperform at KBW; PT $230
** Axcelis Technologies (ACLS) Cut to Neutral at BofA
** BlackRock (BLK) Cut to Neutral at JPMorgan; PT $708
** Boyd Gaming (BYD) Cut to Equal-Weight at Barclays; PT $66
** Camden Property (CPT) Cut to Market Perform at BMO; PT $100
** Canadian Pacific Kansas (CP CN) Cut to Hold at CFRA; PT $78
** Clarivate (CLVT) Cut to Underweight at Wells Fargo; PT $8
** DocuSign (DOCU) Cut to Outperform at Daiwa; PT $60
** Exelon (EXC) Cut to Neutral at Guggenheim; PT $40
** Genpact (G) Cut to Neutral at Baird; PT $38
** GlobalFoundries (GFS) Cut to Neutral at BofA
** Independence Realty (IRT) Cut to Underperform at BMO; PT $15
** Kimberly-Clark (KMB) Cut to Underperform at BofA; PT $115
** Marriott Vacations (VAC) Cut to Equal-Weight at Barclays; PT $90
** Marsh & McLennan (MMC) Cut to Underperform at KBW; PT $192
** Reneo Pharma (RPHM) Cut to Neutral at HC Wainwright
*** Cut to Market Perform at Leerink; PT $1
** Roku (ROKU) Cut to Sell at MoffettNathanson LLC
** Teradyne (TER) Cut to Underperform at BofA
** U.S. Bancorp (USB) Cut to Neutral at Baird; PT $52
** Zions (ZION) Cut to Neutral at Baird; PT $45
* Initiations
** 10X Genomics (TXG) Rated New Buy at Guggenheim; PT $60
** Africa Oil (AOI CN) Rated New Buy at Fearnley; PT C$3.66
** Akamai (AKAM) Rated New Positive at Susquehanna; PT $150
** Akoya Biosciences (AKYA) Rated New Neutral at Guggenheim
** Array (ARRY) Rated New Hold at Jefferies; PT $18
** Augmedix (AUGX) Rated New Inline at Evercore ISI; PT $6
** Box (BOX) Rated New Buy at UBS; PT $33
** Castle Biosciences (CSTL) Rated New Buy at Guggenheim; PT $25
** Check Point Software (CHKP) Rated New Positive at Susquehanna; PT $190
** Cloudflare (NET) Rated New Neutral at Susquehanna; PT $75
** CNH Industrial (CNHI) Rated New Equal-Weight at Wells Fargo; PT $13
** Comtech Telecom (CMTL) Rated New Buy at B Riley; PT $18.25
** CrowdStrike (CRWD) Rated New Positive at Susquehanna; PT $330
** CyberArk (CYBR) Rated New Positive at Susquehanna; PT $255
*** Rated New Buy at Jefferies; PT $240
** Enphase Energy (ENPH) Rated New Buy at Jefferies; PT $145
** Exact Sciences (EXAS) Rated New Buy at Guggenheim; PT $90
** Exelixis (EXEL) Rated New Buy at Citi; PT $31
** First Solar (FSLR) Rated New Buy at Jefferies; PT $211
** Fortinet (FTNT) Rated New Neutral at Susquehanna; PT $55
** Genesco (GCO) Rated New Buy at B Riley; PT $43
** Guardant Health (GH) Rated New Neutral at Guggenheim
** Icon (ICLR) Rated New Buy at Truist Secs; PT $357
** Illumina (ILMN) Rated New Buy at Guggenheim; PT $155
** Intuitive Surgical (ISRG) Reinstated Buy at William O'Neil
** Intuit (INTU) Rated New Positive at Susquehanna; PT $700
** Las Vegas Sands (LVS) Rated New Positive at Susquehanna; PT $59
** Melco Resorts (MLCO) ADRs Rated New Positive at Susquehanna; PT $15
** Metropolitan (MCB) Rated New Overweight at Piper Sandler; PT $60
** Myomo (MYO) Rated New Buy at HC Wainwright
** MYR Group (MYRG) Rated New Buy at Goldman; PT $164
** Myriad Genetics (MYGN) Rated New Buy at Guggenheim; PT $23
** Natera (NTRA) Rated New Buy at Guggenheim; PT $70
** Okta (OKTA) Rated New Neutral at Susquehanna; PT $75
** Orla Mining (OLA CN) Rated New Outperform at RBC; PT C$6
** Pacific Bio (PACB) Rated New Neutral at Guggenheim
** Palo Alto Networks (PANW) Rated New Positive at Susquehanna; PT $400
** Rapid7 (RPD) Rated New Neutral at Susquehanna; PT $55
** SentinelOne (S) Rated New Positive at Susquehanna; PT $35
** Snowline Gold (SGD CN) Rated New Outperform at CIBC; PT C$7.50
** SunPower (SPWR) Rated New Hold at Jefferies; PT $5.50
** Sunrun (RUN) Rated New Buy at Jefferies; PT $25
** TE Connectivity (TEL) Reinstated Equal-Weight at Wells Fargo; PT $144
** Tenable (TENB) Rated New Positive at Susquehanna; PT $55
** Tourmaline Bio Inc (TRML) Rated New Buy at Jefferies; PT $41
** Varonis Systems (VRNS) Rated New Positive at Susquehanna; PT $55
** Vertex Pharmaceuticals (VRTX) Reinstated Buy at William O'Neil
** Vestis (VSTS) Rated New Overweight at Wells Fargo; PT $24
** Wynn Resorts (WYNN) Rated New Positive at Susquehanna; PT $105
** Zoetis (ZTS) Reinstated Buy at William O'Neil
** Zscaler (ZS) Rated New Positive at Susquehanna; PT $275
* Upgrades
** Alteryx (AYX) Raised to Neutral at Piper Sandler; PT $50
** AMD (AMD) Raised to Buy at BofA
** Cencora (COR) Inc Raised to Buy at CFRA; PT $222
** Credicorp (BAP) Raised to Overweight at JPMorgan; PT $190
** CubeSmart (CUBE) Raised to Outperform at BMO; PT $49
** Elanco Animal Health (ELAN) Raised to Overweight at Morgan Stanley
** Equifax (EFX) Raised to Overweight at Wells Fargo; PT $290
** GE (GE) Raised to Overweight at Wells Fargo; PT $144
** Global Business Travel Group (GBTG) Raised to Buy at Citi; PT $8
** Intel (INTC) Raised to Neutral at BofA
** Macom (MTSI) Raised to Buy at BofA
** Micron (MU) Raised to Buy at BofA
** Moody's (MCO) Raised to Overweight at Wells Fargo; PT $455
** Omnicom (OMC) Raised to Overweight at Morgan Stanley; PT $100
** Priority Technology Hold (PRTHU) Raised to Buy at B Riley; PT $10
** RCM (RCM) Raised to Overweight at Morgan Stanley; PT $17
** SBA Comms (SBAC) Raised to Outperform at BMO; PT $285
** SQM (SQM/B CI) ADRs Raised to Neutral at Goldman; PT $54.50
** Vornado Realty (VNO) Raised to Market Perform at BMO; PT $31
* Downgrades
** Aadi Bioscience Inc (AADI) Cut to Neutral at HC Wainwright
** Ameren (AEE) Cut to Sector Weight at KeyBanc
** Arthur J Gallagher (AJG) Cut to Underperform at KBW; PT $230
** Axcelis Technologies (ACLS) Cut to Neutral at BofA
** BlackRock (BLK) Cut to Neutral at JPMorgan; PT $708
** Boyd Gaming (BYD) Cut to Equal-Weight at Barclays; PT $66
** Camden Property (CPT) Cut to Market Perform at BMO; PT $100
** Canadian Pacific Kansas (CP CN) Cut to Hold at CFRA; PT $78
** Clarivate (CLVT) Cut to Underweight at Wells Fargo; PT $8
** DocuSign (DOCU) Cut to Outperform at Daiwa; PT $60
** Exelon (EXC) Cut to Neutral at Guggenheim; PT $40
** Genpact (G) Cut to Neutral at Baird; PT $38
** GlobalFoundries (GFS) Cut to Neutral at BofA
** Independence Realty (IRT) Cut to Underperform at BMO; PT $15
** Kimberly-Clark (KMB) Cut to Underperform at BofA; PT $115
** Marriott Vacations (VAC) Cut to Equal-Weight at Barclays; PT $90
** Marsh & McLennan (MMC) Cut to Underperform at KBW; PT $192
** Reneo Pharma (RPHM) Cut to Neutral at HC Wainwright
*** Cut to Market Perform at Leerink; PT $1
** Roku (ROKU) Cut to Sell at MoffettNathanson LLC
** Teradyne (TER) Cut to Underperform at BofA
** U.S. Bancorp (USB) Cut to Neutral at Baird; PT $52
** Zions (ZION) Cut to Neutral at Baird; PT $45
* Initiations
** 10X Genomics (TXG) Rated New Buy at Guggenheim; PT $60
** Africa Oil (AOI CN) Rated New Buy at Fearnley; PT C$3.66
** Akamai (AKAM) Rated New Positive at Susquehanna; PT $150
** Akoya Biosciences (AKYA) Rated New Neutral at Guggenheim
** Array (ARRY) Rated New Hold at Jefferies; PT $18
** Augmedix (AUGX) Rated New Inline at Evercore ISI; PT $6
** Box (BOX) Rated New Buy at UBS; PT $33
** Castle Biosciences (CSTL) Rated New Buy at Guggenheim; PT $25
** Check Point Software (CHKP) Rated New Positive at Susquehanna; PT $190
** Cloudflare (NET) Rated New Neutral at Susquehanna; PT $75
** CNH Industrial (CNHI) Rated New Equal-Weight at Wells Fargo; PT $13
** Comtech Telecom (CMTL) Rated New Buy at B Riley; PT $18.25
** CrowdStrike (CRWD) Rated New Positive at Susquehanna; PT $330
** CyberArk (CYBR) Rated New Positive at Susquehanna; PT $255
*** Rated New Buy at Jefferies; PT $240
** Enphase Energy (ENPH) Rated New Buy at Jefferies; PT $145
** Exact Sciences (EXAS) Rated New Buy at Guggenheim; PT $90
** Exelixis (EXEL) Rated New Buy at Citi; PT $31
** First Solar (FSLR) Rated New Buy at Jefferies; PT $211
** Fortinet (FTNT) Rated New Neutral at Susquehanna; PT $55
** Genesco (GCO) Rated New Buy at B Riley; PT $43
** Guardant Health (GH) Rated New Neutral at Guggenheim
** Icon (ICLR) Rated New Buy at Truist Secs; PT $357
** Illumina (ILMN) Rated New Buy at Guggenheim; PT $155
** Intuitive Surgical (ISRG) Reinstated Buy at William O'Neil
** Intuit (INTU) Rated New Positive at Susquehanna; PT $700
** Las Vegas Sands (LVS) Rated New Positive at Susquehanna; PT $59
** Melco Resorts (MLCO) ADRs Rated New Positive at Susquehanna; PT $15
** Metropolitan (MCB) Rated New Overweight at Piper Sandler; PT $60
** Myomo (MYO) Rated New Buy at HC Wainwright
** MYR Group (MYRG) Rated New Buy at Goldman; PT $164
** Myriad Genetics (MYGN) Rated New Buy at Guggenheim; PT $23
** Natera (NTRA) Rated New Buy at Guggenheim; PT $70
** Okta (OKTA) Rated New Neutral at Susquehanna; PT $75
** Orla Mining (OLA CN) Rated New Outperform at RBC; PT C$6
** Pacific Bio (PACB) Rated New Neutral at Guggenheim
** Palo Alto Networks (PANW) Rated New Positive at Susquehanna; PT $400
** Rapid7 (RPD) Rated New Neutral at Susquehanna; PT $55
** SentinelOne (S) Rated New Positive at Susquehanna; PT $35
** Snowline Gold (SGD CN) Rated New Outperform at CIBC; PT C$7.50
** SunPower (SPWR) Rated New Hold at Jefferies; PT $5.50
** Sunrun (RUN) Rated New Buy at Jefferies; PT $25
** TE Connectivity (TEL) Reinstated Equal-Weight at Wells Fargo; PT $144
** Tenable (TENB) Rated New Positive at Susquehanna; PT $55
** Tourmaline Bio Inc (TRML) Rated New Buy at Jefferies; PT $41
** Varonis Systems (VRNS) Rated New Positive at Susquehanna; PT $55
** Vertex Pharmaceuticals (VRTX) Reinstated Buy at William O'Neil
** Vestis (VSTS) Rated New Overweight at Wells Fargo; PT $24
** Wynn Resorts (WYNN) Rated New Positive at Susquehanna; PT $105
** Zoetis (ZTS) Reinstated Buy at William O'Neil
** Zscaler (ZS) Rated New Positive at Susquehanna; PT $275
18. detsember Euroopas
Upgrades
* Entain Raised to Buy at Jefferies; PT 1,215 pence
* Paragon Raised to Market Perform at KBW; PT 660 pence
* Porsche SE Raised to Buy at AlphaValue/Baader
* Sectra Raised to Hold at Carnegie
Downgrades
* Centrica Cut to Hold at Jefferies; PT 160 pence
* Fresnillo Cut to Underweight at Morgan Stanley; PT 540 pence
* Lagercrantz Cut to Hold at SEB Equities; PT 124 kronor
* Lamor Cut to Reduce at Inderes; PT 2.70 euros
* Landi Renzo Cut to Neutral at Banca Akros (ESN)
* Nokia Cut to Neutral at Goldman; PT 3.10 euros
* Nordnet Cut to Underweight at Barclays; PT 170 kronor
* Panostaja Cut to Reduce at Inderes; PT 50 euro cents
Initiations
* Datrix Rated New Neutral at Mediobanca SpA; PT 2.40 euros
* Kid ASA Rated New Buy at Kepler Cheuvreux; PT 132 kroner
* Ubisoft Reinstated Buy at Gilbert Dupont; PT 37.20 euros
* Windward Rated New Buy at Panmure Gordon; PT 123 pence
Upgrades
* Entain Raised to Buy at Jefferies; PT 1,215 pence
* Paragon Raised to Market Perform at KBW; PT 660 pence
* Porsche SE Raised to Buy at AlphaValue/Baader
* Sectra Raised to Hold at Carnegie
Downgrades
* Centrica Cut to Hold at Jefferies; PT 160 pence
* Fresnillo Cut to Underweight at Morgan Stanley; PT 540 pence
* Lagercrantz Cut to Hold at SEB Equities; PT 124 kronor
* Lamor Cut to Reduce at Inderes; PT 2.70 euros
* Landi Renzo Cut to Neutral at Banca Akros (ESN)
* Nokia Cut to Neutral at Goldman; PT 3.10 euros
* Nordnet Cut to Underweight at Barclays; PT 170 kronor
* Panostaja Cut to Reduce at Inderes; PT 50 euro cents
Initiations
* Datrix Rated New Neutral at Mediobanca SpA; PT 2.40 euros
* Kid ASA Rated New Buy at Kepler Cheuvreux; PT 132 kroner
* Ubisoft Reinstated Buy at Gilbert Dupont; PT 37.20 euros
* Windward Rated New Buy at Panmure Gordon; PT 123 pence
19. detsember Euroopas
Upgrades
* Duerr Raised to Neutral at BNPP Exane; PT 23 euros
* Epiroc Raised to Buy at Danske Bank Markets; PT 230 kronor
* Flutter Raised to Buy at Peel Hunt
* Stora Enso Raised to Buy at DNB Markets; PT 14 euros
* Worldline Raised to Neutral at Bryan Garnier; PT 19 euros
Downgrades
* Equinor Cut to Sector Perform at RBC; PT 350 kroner
* Fortum Cut to Neutral at Oddo BHF; PT 15 euros
* Lanxess Cut to Reduce at Baader Helvea; PT 26 euros
* Sartorius Stedim Biotech Cut to Add at AlphaValue/Baader
* Superdry Cut to Hold at Peel Hunt; PT 40 pence
* Vaisala Cut to Reduce at Inderes; PT 40 euros
* Wacker Chemie Cut to Reduce at Baader Helvea; PT 109 euros
Initiations
* KCC NO Rated New Buy at Pareto Securities; PT 105 kroner
Upgrades
* Duerr Raised to Neutral at BNPP Exane; PT 23 euros
* Epiroc Raised to Buy at Danske Bank Markets; PT 230 kronor
* Flutter Raised to Buy at Peel Hunt
* Stora Enso Raised to Buy at DNB Markets; PT 14 euros
* Worldline Raised to Neutral at Bryan Garnier; PT 19 euros
Downgrades
* Equinor Cut to Sector Perform at RBC; PT 350 kroner
* Fortum Cut to Neutral at Oddo BHF; PT 15 euros
* Lanxess Cut to Reduce at Baader Helvea; PT 26 euros
* Sartorius Stedim Biotech Cut to Add at AlphaValue/Baader
* Superdry Cut to Hold at Peel Hunt; PT 40 pence
* Vaisala Cut to Reduce at Inderes; PT 40 euros
* Wacker Chemie Cut to Reduce at Baader Helvea; PT 109 euros
Initiations
* KCC NO Rated New Buy at Pareto Securities; PT 105 kroner