USA ja Kanada
* Upgrades
** AlTi Global (ALTI) Raised to Strong Buy at Raymond James; PT $9
** ASML (ASML NA) ADRs Raised to Buy at Fubon; PT $980
** Avis Budget (CAR) Raised to Buy at Deutsche Bank; PT $248
** Covenant Logistics Group (CVLG) Raised to Outperform at Cowen; PT $66
** Enerflex (EFX CN) Raised to Outperform at National Bank; PT C$10
** First Community/SC (FCCO) Raised to Outperform at Raymond James
** Netflix (NFLX) Raised to Buy at DZ Bank; PT $600
** Outlook Therapeutics Inc (OTLK) Raised to Buy at Guggenheim; PT $2
*** Raised to Buy at Brookline Capital
** Radcom (RDCM) Raised to Buy at Needham; PT $14
** Stock Yards Bancorp (SYBT) Raised to Overweight at Stephens; PT $62
** Tal Education (TAL) ADRs Raised to Overweight at JPMorgan; PT $15
** Vericel (VCEL) Raised to Buy at Truist Secs; PT $51
* Downgrades
** B2Gold (BTO CN) Cut to Neutral at CIBC; PT C$4.85
** Boeing (BA) Cut to Neutral at BofA; PT $225
** Columbia Banking (COLB) Cut to Outperform at Raymond James
** Hanmi Financial (HAFC) Cut to Neutral at Janney Montgomery; PT $19
** Hertz (HTZ) Cut to Hold at Deutsche Bank; PT $9
*** Cut to Neutral at JPMorgan; PT $11
** OrthoPediatrics (KIDS) Cut to Hold at Truist Secs; PT $31
** TE Connectivity (TEL) Cut to Hold at CFRA; PT $155
** Tesla (TSLA) Cut to Neutral at KGI Securities; PT $213
** Venus Concept Inc (VERO) Cut to Neutral at Ladenburg Thalmann
** VF Corp (VFC) Cut to Sell at Williams Trading; PT $13
* Initiations
** Axsome Therapeutics (AXSM) Rated New Outperform at RBC; PT $126
** Bloom Energy (BE) Rated New Buy at BTIG; PT $21
** Computer Modelling Group (CMG CN) Rated New Outperform at National Bank
** DDC Enterprise (DDC) Rated New Buy at Benchmark; PT $8
** Vera Therapeutics (VERA) Rated New Outperform at Oppenheimer; PT $26
** Vestis (VSTS) Rated New Neutral at Goldman; PT $22
26. jaanuar Euroopas
Upgrades
* Apax Global Alpha Raised to Overweight at Barclays; PT 200 pence
* Chrysalis Investments Raised to Overweight at Barclays
* EFG International Raised to Neutral at Citi
* Epiroc Raised to Buy at Pareto Securities; PT 210 kronor
* H&R Raised to Hold at DZ Bank; PT 5.10 euros
* Kion Raised to Outperform at BNPP Exane; PT 59 euros
* Norden Raised to Buy at SEB Equities; PT 435 kroner
* Rieter Raised to Buy at Stifel; PT 110 Swiss francs
* Rightmove Raised to Overweight at Morgan Stanley; PT 600 pence
Downgrades
* Atlas Copco Cut to Neutral at BNPP Exane; PT 175 kronor
* Aubay Cut to Add at IDMidcaps; PT 44 euros
* Bayer Cut to Underperform at BofA; PT 33 euros
* Evli Cut to Reduce at Inderes; PT 20 euros
* H+H Cut to Sell at SEB Equities; PT 65 kroner
* InterContinental Hotels Cut to Sell at Deutsche Bank
* Molten Ventures Cut to Equal-Weight at Barclays; PT 330 pence
* Puma Cut to Hold at HSBC; PT 40 euros
* STMicroelectronics Cut to Equal-Weight at Barclays; PT 46 euros
* Scout24 SE Cut to Equal-Weight at Morgan Stanley; PT 73 euros
* Telekom Austria Cut to Hold at Erste Group; PT 8.70 euros
* Tobii Cut to Hold at ABG; PT 6 kronor
* Tullow Cut to Sell at Stifel; PT 31 pence
Upgrades
* Apax Global Alpha Raised to Overweight at Barclays; PT 200 pence
* Chrysalis Investments Raised to Overweight at Barclays
* EFG International Raised to Neutral at Citi
* Epiroc Raised to Buy at Pareto Securities; PT 210 kronor
* H&R Raised to Hold at DZ Bank; PT 5.10 euros
* Kion Raised to Outperform at BNPP Exane; PT 59 euros
* Norden Raised to Buy at SEB Equities; PT 435 kroner
* Rieter Raised to Buy at Stifel; PT 110 Swiss francs
* Rightmove Raised to Overweight at Morgan Stanley; PT 600 pence
Downgrades
* Atlas Copco Cut to Neutral at BNPP Exane; PT 175 kronor
* Aubay Cut to Add at IDMidcaps; PT 44 euros
* Bayer Cut to Underperform at BofA; PT 33 euros
* Evli Cut to Reduce at Inderes; PT 20 euros
* H+H Cut to Sell at SEB Equities; PT 65 kroner
* InterContinental Hotels Cut to Sell at Deutsche Bank
* Molten Ventures Cut to Equal-Weight at Barclays; PT 330 pence
* Puma Cut to Hold at HSBC; PT 40 euros
* STMicroelectronics Cut to Equal-Weight at Barclays; PT 46 euros
* Scout24 SE Cut to Equal-Weight at Morgan Stanley; PT 73 euros
* Telekom Austria Cut to Hold at Erste Group; PT 8.70 euros
* Tobii Cut to Hold at ABG; PT 6 kronor
* Tullow Cut to Sell at Stifel; PT 31 pence
USA ja Kanada
* Upgrades
** Asur (ASURB MM) ADRs Raised to Buy at Goldman; PT $326
** Bread Financial Holdings (BFH) Raised to Outperform at Oppenheimer
** Coinbase (COIN) Raised to Outperform at Oppenheimer; PT $160
** Coterra Energy Inc (CTRA) Raised to Positive at Susquehanna; PT $30
** GAP Airports (GAPB MM) ADRs Raised to Buy at Goldman; PT $175
** Health Catalyst (HCAT) Raised to Buy at Guggenheim; PT $14
** IBM (IBM) Raised to Buy at President Capital Management; PT $215
** Seagate (STX) Raised to Buy at CFRA
** Snap (SNAP) Raised to Buy at Deutsche Bank; PT $19
** UMC (2303 TT) ADRs Raised to Hold at HSBC; PT $9.93
** Vera Therapeutics (VERA) Raised to Strong Buy at Raymond James
* Downgrades
** Amerant Bancorp (AMTB) Cut to Neutral at Piper Sandler; PT $25
** Archer-Daniels-Midland (ADM) Cut to Neutral at UBS; PT $51
** Eagle Bulk (EGLE) Cut to Hold at Stifel; PT $55
** Eldorado Gold (ELD CN) Cut to Hold at Stifel Canada; PT C$17.25
** eXp World Holdings (EXPI) Cut to Neutral at DA Davidson; PT $15
** Karuna Therapeutics (KRTX) Cut to Neutral at Mizuho Securities; PT $330
** Lufax (LU) ADRs Cut to Neutral at BofA; PT $2.80
** Moneta Gold Inc (ME CN) Cut to Speculative Buy at Stifel Canada; PT C$3
** Northrop Grumman (NOC) Cut to Sector Perform at RBC; PT $450
** Range Resources (RRC) Cut to Neutral at Susquehanna; PT $34
** Southwestern Energy (SWN) Cut to Neutral at Susquehanna; PT $6.50
** Tidewater Renewables (LCFS CN) Cut to Sector Perform at National Bank
** U.S. Bancorp (USB) Cut to Neutral at Piper Sandler
** Valero Energy (VLO) Cut to Hold at CFRA; PT $138
* Initiations
** Consensus Cloud (CCSI) Rated New Neutral at BTIG
** MongoDB (MDB) Reinstated Neutral at DA Davidson; PT $405
** Perspective Therapeutics (CATX) Rated New Buy at B Riley; PT $1.20
** Recursion Pharma (RXRX) Rated New Market Perform at Cowen
** Schrodinger (SDGR) Rated New Outperform at Cowen; PT $42
** Strawberry Fields REIT (STRW) Rated New Buy at Colliers; PT $10
** ZKH Group (ZKH) ADRs Rated New Buy at Deutsche Bank; PT $21.30
* Upgrades
** Asur (ASURB MM) ADRs Raised to Buy at Goldman; PT $326
** Bread Financial Holdings (BFH) Raised to Outperform at Oppenheimer
** Coinbase (COIN) Raised to Outperform at Oppenheimer; PT $160
** Coterra Energy Inc (CTRA) Raised to Positive at Susquehanna; PT $30
** GAP Airports (GAPB MM) ADRs Raised to Buy at Goldman; PT $175
** Health Catalyst (HCAT) Raised to Buy at Guggenheim; PT $14
** IBM (IBM) Raised to Buy at President Capital Management; PT $215
** Seagate (STX) Raised to Buy at CFRA
** Snap (SNAP) Raised to Buy at Deutsche Bank; PT $19
** UMC (2303 TT) ADRs Raised to Hold at HSBC; PT $9.93
** Vera Therapeutics (VERA) Raised to Strong Buy at Raymond James
* Downgrades
** Amerant Bancorp (AMTB) Cut to Neutral at Piper Sandler; PT $25
** Archer-Daniels-Midland (ADM) Cut to Neutral at UBS; PT $51
** Eagle Bulk (EGLE) Cut to Hold at Stifel; PT $55
** Eldorado Gold (ELD CN) Cut to Hold at Stifel Canada; PT C$17.25
** eXp World Holdings (EXPI) Cut to Neutral at DA Davidson; PT $15
** Karuna Therapeutics (KRTX) Cut to Neutral at Mizuho Securities; PT $330
** Lufax (LU) ADRs Cut to Neutral at BofA; PT $2.80
** Moneta Gold Inc (ME CN) Cut to Speculative Buy at Stifel Canada; PT C$3
** Northrop Grumman (NOC) Cut to Sector Perform at RBC; PT $450
** Range Resources (RRC) Cut to Neutral at Susquehanna; PT $34
** Southwestern Energy (SWN) Cut to Neutral at Susquehanna; PT $6.50
** Tidewater Renewables (LCFS CN) Cut to Sector Perform at National Bank
** U.S. Bancorp (USB) Cut to Neutral at Piper Sandler
** Valero Energy (VLO) Cut to Hold at CFRA; PT $138
* Initiations
** Consensus Cloud (CCSI) Rated New Neutral at BTIG
** MongoDB (MDB) Reinstated Neutral at DA Davidson; PT $405
** Perspective Therapeutics (CATX) Rated New Buy at B Riley; PT $1.20
** Recursion Pharma (RXRX) Rated New Market Perform at Cowen
** Schrodinger (SDGR) Rated New Outperform at Cowen; PT $42
** Strawberry Fields REIT (STRW) Rated New Buy at Colliers; PT $10
** ZKH Group (ZKH) ADRs Rated New Buy at Deutsche Bank; PT $21.30
29. jaanuar Euroopas
Upgrades
* 3i Raised to Buy at Redburn; PT 2,847 pence
* Autoliv GDRs Raised to Buy at Carnegie
* Azoty Raised to Hold at Erste Group; PT 22.90 zloty
* Friedrich Vorwerk Group Raised to Buy at Hauck & Aufhaeuser
* Hensoldt Raised to Buy at Citi; PT 37.70 euros
* IMI Raised to Buy at Berenberg
* Intertek Raised to Buy at Jefferies; PT 5,300 pence
* Italian Exhibition Raised to Buy at Equita; PT 5.50 euros
* Korado Bulgaria Raised to Buy at ELANA Trading; PT BGN5.04
* Lonza Raised to Sector Perform at RBC; PT 430 Swiss francs
* Novozymes Raised to Buy at Jefferies; PT 420 kroner
* ProSieben Raised to Overweight at Barclays; PT 8 euros
* Toivo Group Raised to Accumulate at Inderes; PT 1.25 euros
* Valeo Raised to Buy at HSBC; PT 15.50 euros
* Veolia Raised to Buy at BofA
Downgrades
* Azimut Cut to Equal-Weight at Barclays; PT 27.10 euros
* DNB Bank Cut to Hold at Carnegie; PT 230 kroner
* Elisa Cut to Hold at ABG; PT 48 euros
* Elisa Cut to Reduce at Inderes; PT 47 euros
* Equals Group PLC Cut to Hold at Peel Hunt
* Gjensidige Cut to Hold at Jefferies; PT 188 kroner
* Groupe LDLC Cut to Add at Gilbert Dupont; PT 21 euros
* Inspecs Group Cut to Add at Peel Hunt; PT 100 pence
* Kingfisher Cut to Sector Perform at RBC; PT 235 pence
* LVMH Cut to Hold at SBG Securities; PT 855 euros
* Musti Group Cut to Hold at SEB Equities; PT 26.10 euros
* Naturgy Cut to Sell at Mirabaud Securities; PT 27.80 euros
* Saras Cut to Hold at Intesa Sanpaolo; PT 1.71 euros
* Schott Pharma Cut to Neutral at Oddo BHF; PT 34 euros
* Schroders Cut to Underperform at BNPP Exane; PT 375 pence
* Snam Cut to Neutral at Grupo Santander; PT 5.10 euros
* Snam Cut to Sector Perform at RBC; PT 5.40 euros
* Stora Enso Cut to Sell at Inderes; PT 10.50 euros
* Stroeer Cut to Equal-Weight at Barclays; PT 60 euros
* Vitec Software Group Cut to Hold at ABG; PT 575 kronor
* Wavestone Cut to Hold at TP ICAP Midcap; PT 64 euros
* Wise Cut to Hold at Peel Hunt
Initiations
* Landi Renzo Reinstated Neutral at Mediobanca SpA; PT 1.42 euros
* Sogefi Reinstated Neutral at Mediobanca SpA; PT 3.85 euros
Upgrades
* 3i Raised to Buy at Redburn; PT 2,847 pence
* Autoliv GDRs Raised to Buy at Carnegie
* Azoty Raised to Hold at Erste Group; PT 22.90 zloty
* Friedrich Vorwerk Group Raised to Buy at Hauck & Aufhaeuser
* Hensoldt Raised to Buy at Citi; PT 37.70 euros
* IMI Raised to Buy at Berenberg
* Intertek Raised to Buy at Jefferies; PT 5,300 pence
* Italian Exhibition Raised to Buy at Equita; PT 5.50 euros
* Korado Bulgaria Raised to Buy at ELANA Trading; PT BGN5.04
* Lonza Raised to Sector Perform at RBC; PT 430 Swiss francs
* Novozymes Raised to Buy at Jefferies; PT 420 kroner
* ProSieben Raised to Overweight at Barclays; PT 8 euros
* Toivo Group Raised to Accumulate at Inderes; PT 1.25 euros
* Valeo Raised to Buy at HSBC; PT 15.50 euros
* Veolia Raised to Buy at BofA
Downgrades
* Azimut Cut to Equal-Weight at Barclays; PT 27.10 euros
* DNB Bank Cut to Hold at Carnegie; PT 230 kroner
* Elisa Cut to Hold at ABG; PT 48 euros
* Elisa Cut to Reduce at Inderes; PT 47 euros
* Equals Group PLC Cut to Hold at Peel Hunt
* Gjensidige Cut to Hold at Jefferies; PT 188 kroner
* Groupe LDLC Cut to Add at Gilbert Dupont; PT 21 euros
* Inspecs Group Cut to Add at Peel Hunt; PT 100 pence
* Kingfisher Cut to Sector Perform at RBC; PT 235 pence
* LVMH Cut to Hold at SBG Securities; PT 855 euros
* Musti Group Cut to Hold at SEB Equities; PT 26.10 euros
* Naturgy Cut to Sell at Mirabaud Securities; PT 27.80 euros
* Saras Cut to Hold at Intesa Sanpaolo; PT 1.71 euros
* Schott Pharma Cut to Neutral at Oddo BHF; PT 34 euros
* Schroders Cut to Underperform at BNPP Exane; PT 375 pence
* Snam Cut to Neutral at Grupo Santander; PT 5.10 euros
* Snam Cut to Sector Perform at RBC; PT 5.40 euros
* Stora Enso Cut to Sell at Inderes; PT 10.50 euros
* Stroeer Cut to Equal-Weight at Barclays; PT 60 euros
* Vitec Software Group Cut to Hold at ABG; PT 575 kronor
* Wavestone Cut to Hold at TP ICAP Midcap; PT 64 euros
* Wise Cut to Hold at Peel Hunt
Initiations
* Landi Renzo Reinstated Neutral at Mediobanca SpA; PT 1.42 euros
* Sogefi Reinstated Neutral at Mediobanca SpA; PT 3.85 euros
30. jaanuar Euroopas
Upgrades
* Kion Raised to Outperform at Oddo BHF
* Lufthansa Raised to Equal-Weight at Morgan Stanley
* NTG Nordic Transport Group Raised to Buy at Danske Bank Markets
* Skanska Raised to Buy at Jefferies; PT 212 kronor
* Taylor Wimpey Raised to Buy at BofA; PT 160 pence
* Topdanmark Raised to Neutral at BNPP Exane; PT 314 kroner
Downgrades
* ACS Cut to Sell at Alantra Equities; PT 34.41 euros
* AFRY AB Cut to Hold at ABG; PT 150 kronor
* AT&S Cut to Underperform at Oddo BHF
* Antofagasta Cut to Reduce at Peel Hunt; PT 1,360 pence
* Barratt Cut to Underperform at BofA; PT 420 pence
* Bellway Cut to Underperform at BofA; PT 2,300 pence
* Colefax Cut to Add at Peel Hunt; PT 700 pence
* Egide Cut to Neutral at Greensome Finance; PT 95 euro cents
* Equinor Cut to Reduce at AlphaValue/Baader
* IAG Cut to Underweight at Morgan Stanley; PT 174.65 pence
* Jungheinrich Cut to Neutral at Oddo BHF; PT 35 euros
* Luceco Cut to Add at Numis; PT 165 pence
* Mobilezone Cut to Hold at Mirabaud Securities
* Persimmon Cut to Neutral at BofA; PT 1,500 pence
* Pharma Mar Cut to Sell at Alantra Equities; PT 35.30 euros
* Solwers Cut to Accumulate at Inderes; PT 5 euros
* Sweco Cut to Sell at ABG; PT 110 kronor
* Wavestone Cut to Hold at Stifel; PT 67 euros
Initiations
* BoneSupport Rated New Buy at Bryan Garnier; PT 280 kronor
* Comer Industries Rated New Buy at Equita; PT 35 euros
* Edenred Rated New Underperform at Autonomous; PT 44 euros
* Gateley Rated New Buy at Investec; PT 202 pence
* Kainos Re-Initiated Buy at Berenberg; PT 1,315 pence
* Romande Energie Rated New Market Perform at ZKB
* WAG Payment Rated New Buy at Panmure Gordon; PT 130 pence
* YOC AG Rated New Buy at M.M. Warburg; PT 24 euros
Upgrades
* Kion Raised to Outperform at Oddo BHF
* Lufthansa Raised to Equal-Weight at Morgan Stanley
* NTG Nordic Transport Group Raised to Buy at Danske Bank Markets
* Skanska Raised to Buy at Jefferies; PT 212 kronor
* Taylor Wimpey Raised to Buy at BofA; PT 160 pence
* Topdanmark Raised to Neutral at BNPP Exane; PT 314 kroner
Downgrades
* ACS Cut to Sell at Alantra Equities; PT 34.41 euros
* AFRY AB Cut to Hold at ABG; PT 150 kronor
* AT&S Cut to Underperform at Oddo BHF
* Antofagasta Cut to Reduce at Peel Hunt; PT 1,360 pence
* Barratt Cut to Underperform at BofA; PT 420 pence
* Bellway Cut to Underperform at BofA; PT 2,300 pence
* Colefax Cut to Add at Peel Hunt; PT 700 pence
* Egide Cut to Neutral at Greensome Finance; PT 95 euro cents
* Equinor Cut to Reduce at AlphaValue/Baader
* IAG Cut to Underweight at Morgan Stanley; PT 174.65 pence
* Jungheinrich Cut to Neutral at Oddo BHF; PT 35 euros
* Luceco Cut to Add at Numis; PT 165 pence
* Mobilezone Cut to Hold at Mirabaud Securities
* Persimmon Cut to Neutral at BofA; PT 1,500 pence
* Pharma Mar Cut to Sell at Alantra Equities; PT 35.30 euros
* Solwers Cut to Accumulate at Inderes; PT 5 euros
* Sweco Cut to Sell at ABG; PT 110 kronor
* Wavestone Cut to Hold at Stifel; PT 67 euros
Initiations
* BoneSupport Rated New Buy at Bryan Garnier; PT 280 kronor
* Comer Industries Rated New Buy at Equita; PT 35 euros
* Edenred Rated New Underperform at Autonomous; PT 44 euros
* Gateley Rated New Buy at Investec; PT 202 pence
* Kainos Re-Initiated Buy at Berenberg; PT 1,315 pence
* Romande Energie Rated New Market Perform at ZKB
* WAG Payment Rated New Buy at Panmure Gordon; PT 130 pence
* YOC AG Rated New Buy at M.M. Warburg; PT 24 euros
31. jaanuar Euroopas
Upgrades
* Elementis Raised to Buy at Jefferies; PT 170 pence
* Guerbet Raised to Buy at Gilbert Dupont; PT 27 euros
* Ionos Raised to Buy at Redburn; PT 24.60 euros
* Shurgard Raised to Buy at HSBC; PT 50 euros
* Spirax Raised to Hold at Jefferies; PT 9,740 pence
* TAG Immobilien Raised to Buy at HSBC; PT 14.50 euros
* UCB Raised to Buy at Jefferies; PT 104 euros
* Var Energi Raised to Neutral at Goldman; PT 32 kroner
* XP Power Raised to Buy at Jefferies; PT 1,640 pence
Downgrades
* 1&1 Cut to Neutral at Redburn; PT 18.80 euros
* AB Dynamics Cut to Underperform at Jefferies; PT 1,500 pence
* Acciona Energia Cut to Hold at SocGen; PT 26 euros
* Ambu Cut to Hold at Nordea
* BBVA Cut to Hold at HSBC; PT 9.40 euros
* Barry Callebaut Cut to Neutral at Citi; PT 1,400 Swiss francs
* Deutsche Bank Cut to Neutral at Citi; PT 13.40 euros
* Equinor Cut to Sell at ABG; PT 275 kroner
* Euronav Cut to Hold at Jefferies; PT 16.64 euros
* Harbour Energy Cut to Sell at Goldman; PT 260 pence
* Iberdrola Cut to Hold at SocGen; PT 11.60 euros
* Instalco AB Cut to Hold at Carnegie
* KPS AG Cut to Hold at M.M. Warburg
* Kesko Cut to Reduce at Inderes; PT 17 euros
* MTU Aero Cut to Neutral at Citi
* Morgan Advanced Cut to Hold at Jefferies; PT 315 pence
* Rational Cut to Underperform at BNPP Exane; PT 690 euros
* Signify Cut to Neutral at BofA; PT 31 euros
* Storebrand Cut to Hold at Arctic Securities; PT 104 kroner
* TF1 Cut to Add at AlphaValue/Baader
* United Internet Cut to Neutral at Redburn; PT 27.20 euros
* Victrex Cut to Underperform at Jefferies; PT 1,190 pence
* Wacker Chemie Cut to Sell at DZ Bank; PT 92 euros
* Zoo Digital Group Cut to Hold at Panmure Gordon; PT 41 pence
Initiations
* Liontrust Rated New Buy at HSBC; PT 785 pence
* Mobimo Rated New Add at Baader Helvea; PT 260 Swiss francs
Upgrades
* Elementis Raised to Buy at Jefferies; PT 170 pence
* Guerbet Raised to Buy at Gilbert Dupont; PT 27 euros
* Ionos Raised to Buy at Redburn; PT 24.60 euros
* Shurgard Raised to Buy at HSBC; PT 50 euros
* Spirax Raised to Hold at Jefferies; PT 9,740 pence
* TAG Immobilien Raised to Buy at HSBC; PT 14.50 euros
* UCB Raised to Buy at Jefferies; PT 104 euros
* Var Energi Raised to Neutral at Goldman; PT 32 kroner
* XP Power Raised to Buy at Jefferies; PT 1,640 pence
Downgrades
* 1&1 Cut to Neutral at Redburn; PT 18.80 euros
* AB Dynamics Cut to Underperform at Jefferies; PT 1,500 pence
* Acciona Energia Cut to Hold at SocGen; PT 26 euros
* Ambu Cut to Hold at Nordea
* BBVA Cut to Hold at HSBC; PT 9.40 euros
* Barry Callebaut Cut to Neutral at Citi; PT 1,400 Swiss francs
* Deutsche Bank Cut to Neutral at Citi; PT 13.40 euros
* Equinor Cut to Sell at ABG; PT 275 kroner
* Euronav Cut to Hold at Jefferies; PT 16.64 euros
* Harbour Energy Cut to Sell at Goldman; PT 260 pence
* Iberdrola Cut to Hold at SocGen; PT 11.60 euros
* Instalco AB Cut to Hold at Carnegie
* KPS AG Cut to Hold at M.M. Warburg
* Kesko Cut to Reduce at Inderes; PT 17 euros
* MTU Aero Cut to Neutral at Citi
* Morgan Advanced Cut to Hold at Jefferies; PT 315 pence
* Rational Cut to Underperform at BNPP Exane; PT 690 euros
* Signify Cut to Neutral at BofA; PT 31 euros
* Storebrand Cut to Hold at Arctic Securities; PT 104 kroner
* TF1 Cut to Add at AlphaValue/Baader
* United Internet Cut to Neutral at Redburn; PT 27.20 euros
* Victrex Cut to Underperform at Jefferies; PT 1,190 pence
* Wacker Chemie Cut to Sell at DZ Bank; PT 92 euros
* Zoo Digital Group Cut to Hold at Panmure Gordon; PT 41 pence
Initiations
* Liontrust Rated New Buy at HSBC; PT 785 pence
* Mobimo Rated New Add at Baader Helvea; PT 260 Swiss francs
1. veebruar Euroopas
Upgrades
* EasyJet Raised to Overweight at JPMorgan; PT 690 pence
* Hemnet Raised to Buy at Carnegie
* KPN Raised to Buy at Citi; PT 3.55 euros
* Marshalls Raised to Buy at Berenberg; PT 420 pence
* Pihlajalinna Raised to Hold at SEB Equities; PT 7.40 euros
* PunaMusta Media Raised to Reduce at Inderes; PT 2.90 euros
* SSAB Raised to Hold at Pareto Securities; PT 69 kronor
Downgrades
* 3i Cut to Hold at Numis; PT 2,647 pence
* BioArctic Cut to Hold at Nordea
* Bytes Technology Cut to Hold at HSBC; PT 675 pence
* Enel Cut to Hold at Jefferies; PT 6.50 euros
* Givaudan Cut to Neutral at Davy; PT 3,660 Swiss francs
* Harmony Energy Income Trust Cut to Underperform at Jefferies
* Infotel Cut to Hold at TP ICAP Midcap; PT 55 euros
* Infotel Cut to Neutral at Oddo BHF; PT 54 euros
* Leonardo Cut to Neutral at Oddo BHF; PT 17.50 euros
* Mandatum Cut to Accumulate at OP Corporate Bank; PT 4.50 euros
* Next Cut to Equal-Weight at Barclays; PT 8,500 pence
* Pets at Home Cut to Hold at Berenberg
* Puma Cut to Sector Perform at RBC; PT 42 euros
* Rana Gruber Cut to Neutral at SpareBank; PT 80 kroner
* Richemont Cut to Hold at HSBC; PT 141 Swiss francs
* Safran Cut to Neutral at Goldman; PT 182 euros
* Santander Bank Polska Cut to Hold at SocGen; PT 495 zloty
* Wartsila Cut to Sell at ABG; PT 13 euros
Initiations
* Befesa Re-Initiated Outperform at BNPP Exane; PT 40 euros
* Swedbank Reinstated Hold at Pareto Securities; PT 237 kronor
Upgrades
* EasyJet Raised to Overweight at JPMorgan; PT 690 pence
* Hemnet Raised to Buy at Carnegie
* KPN Raised to Buy at Citi; PT 3.55 euros
* Marshalls Raised to Buy at Berenberg; PT 420 pence
* Pihlajalinna Raised to Hold at SEB Equities; PT 7.40 euros
* PunaMusta Media Raised to Reduce at Inderes; PT 2.90 euros
* SSAB Raised to Hold at Pareto Securities; PT 69 kronor
Downgrades
* 3i Cut to Hold at Numis; PT 2,647 pence
* BioArctic Cut to Hold at Nordea
* Bytes Technology Cut to Hold at HSBC; PT 675 pence
* Enel Cut to Hold at Jefferies; PT 6.50 euros
* Givaudan Cut to Neutral at Davy; PT 3,660 Swiss francs
* Harmony Energy Income Trust Cut to Underperform at Jefferies
* Infotel Cut to Hold at TP ICAP Midcap; PT 55 euros
* Infotel Cut to Neutral at Oddo BHF; PT 54 euros
* Leonardo Cut to Neutral at Oddo BHF; PT 17.50 euros
* Mandatum Cut to Accumulate at OP Corporate Bank; PT 4.50 euros
* Next Cut to Equal-Weight at Barclays; PT 8,500 pence
* Pets at Home Cut to Hold at Berenberg
* Puma Cut to Sector Perform at RBC; PT 42 euros
* Rana Gruber Cut to Neutral at SpareBank; PT 80 kroner
* Richemont Cut to Hold at HSBC; PT 141 Swiss francs
* Safran Cut to Neutral at Goldman; PT 182 euros
* Santander Bank Polska Cut to Hold at SocGen; PT 495 zloty
* Wartsila Cut to Sell at ABG; PT 13 euros
Initiations
* Befesa Re-Initiated Outperform at BNPP Exane; PT 40 euros
* Swedbank Reinstated Hold at Pareto Securities; PT 237 kronor
12. veebruar
Upgrades
* Finnair Raised to Accumulate at Inderes; PT 5 euro cents
* Jupiter Raised to Neutral at BNPP Exane; PT 81 pence
* Kemira Raised to Accumulate at Inderes; PT 19 euros
* Proximar Seafood Raised to Buy at Pareto Securities; PT 4 kroner
* Rockwool Raised to Buy at HSBC; PT 2,600 kroner
* Scandi Standard Raised to Buy at TP ICAP Midcap; PT 72 kronor
* Siemens Energy Raised to Outperform at Grupo Santander
* Sweco Raised to Hold at ABG; PT 110 kronor
* Yara Raised to Buy at Nordea; PT 400 kroner
Downgrades
* Aker BP Cut to Hold at Berenberg; PT 270 kroner
* Endomines Finland Cut to Sell at Inderes; PT 5.20 euros
* Fiskars Cut to Hold at Carnegie
* Kongsberg Cut to Sell at Danske Bank Markets; PT 550 kroner
* NatWest Cut to Underperform at KBW; PT 230 pence
* Orsted Cut to Neutral at Redburn; PT 400 kroner
* Revenio Cut to Hold at Nordea
* Thule Cut to Hold at Carnegie
Initiations
* Deliveroo Rated New Buy at Deutsche Bank; PT 180 pence
* Intertek Reinstated Neutral at BofA; PT 4,700 pence
* Pluxee France Rated New Overweight at JPMorgan; PT 33.50 euros
* SGS Reinstated Buy at BofA; PT 94 Swiss francs
* Whitestone Group Rated New Buy at KBC Securities; PT 13.70 euros
Upgrades
* Finnair Raised to Accumulate at Inderes; PT 5 euro cents
* Jupiter Raised to Neutral at BNPP Exane; PT 81 pence
* Kemira Raised to Accumulate at Inderes; PT 19 euros
* Proximar Seafood Raised to Buy at Pareto Securities; PT 4 kroner
* Rockwool Raised to Buy at HSBC; PT 2,600 kroner
* Scandi Standard Raised to Buy at TP ICAP Midcap; PT 72 kronor
* Siemens Energy Raised to Outperform at Grupo Santander
* Sweco Raised to Hold at ABG; PT 110 kronor
* Yara Raised to Buy at Nordea; PT 400 kroner
Downgrades
* Aker BP Cut to Hold at Berenberg; PT 270 kroner
* Endomines Finland Cut to Sell at Inderes; PT 5.20 euros
* Fiskars Cut to Hold at Carnegie
* Kongsberg Cut to Sell at Danske Bank Markets; PT 550 kroner
* NatWest Cut to Underperform at KBW; PT 230 pence
* Orsted Cut to Neutral at Redburn; PT 400 kroner
* Revenio Cut to Hold at Nordea
* Thule Cut to Hold at Carnegie
Initiations
* Deliveroo Rated New Buy at Deutsche Bank; PT 180 pence
* Intertek Reinstated Neutral at BofA; PT 4,700 pence
* Pluxee France Rated New Overweight at JPMorgan; PT 33.50 euros
* SGS Reinstated Buy at BofA; PT 94 Swiss francs
* Whitestone Group Rated New Buy at KBC Securities; PT 13.70 euros
USA ja Kanada
* Upgrades
** Cass Information (CASS) Raised to Overweight at Piper Sandler; PT $51
** COPT Defense Properties (CDP) Raised to Outperform at Evercore ISI
** Corteva (CTVA) Raised to Buy at Loop Capital; PT $65
** Lincoln National (LNC) Raised to Hold at Jefferies; PT $26
** Lowe's (LOW) Raised to Overweight at JPMorgan; PT $265
** Marqeta (MQ) Raised to Buy at BofA
** Mohawk Industries (MHK) Raised to Buy at Deutsche Bank; PT $152
** Old Republic (ORI) Raised to Overweight at Piper Sandler
** PepsiCo (PEP) Raised to Buy at Citi; PT $195
** Rocket Lab USA (RKLB) Raised to Buy at Citi; PT $6
** Sangoma Technologies (STC CN) Raised to Speculative Buy at Canaccord
** Teva (TEVA IT) ADRs Raised to Overweight at Piper Sandler; PT $19
** United Therapeutics (UTHR) Raised to Neutral at Goldman; PT $215
** Viavi (VIAV) Raised to Buy at Stifel; PT $13
** Willis Towers (WTW) Raised to Market Perform at BMO; PT $298
*** Raised to Buy at Citi; PT $315
* Downgrades
** Assurant (AIZ) Cut to Market Perform at KBW; PT $182
** Big Lots (BIG) Cut to Sell at Loop Capital; PT $1
** Construction Partners (ROAD) Cut to Neutral at Baird; PT $50
** CVS (CVS) Cut to Hold at Accountability Research; PT $80
** Everest Group Ltd (EG) Cut to Neutral at Citi; PT $375
** FMC Corp (FMC) Cut to Hold at Loop Capital; PT $55
** Hershey (HSY) Cut to Underweight at Morgan Stanley; PT $183
** Newell Brands (NWL) Cut to Market Perform at Raymond James
** Owens Corning (OC) Cut to Equal-Weight at Barclays; PT $160
** Power Integrations (POWI) Cut to Underperform at Northland
** Primerica (PRI) Cut to Market Perform at Raymond James
** Rivian (RIVN) Cut to Equal-Weight at Barclays; PT $16
** Triumph Financial Inc (TFIN) Cut to Underweight at Piper Sandler
** Unity Software (U) Cut to Underperform at Macquarie
** VeriSign (VRSN) Cut to Sell at CFRA
** WP Carey (WPC) Cut to Market Perform at Raymond James
** XPO Inc (XPO) Cut to Underweight at Morgan Stanley; PT $80
* Initiations
** Atossa Therapeutics Inc (ATOS) Rated New Buy at HC Wainwright; PT $4
** Deckers Outdoor (DECK) Rated New Hold at Baptista Research; PT $887.50
** Evaxion Biotech (EVAX) ADRs Rated New Buy at HC Wainwright; PT $14
** Igc Pharma (IGC) Rated New Buy at Ascendiant Capital Markets; PT $2.75
** Palmer Square Capital BDC (PSBD) Rated New Outperform at Oppenheimer
*** Rated New Buy at Citi; PT $17
*** Rated New Outperform at RBC; PT $17
*** Rated New Overweight at JPMorgan
** SilverBow Resources (SBOW) Rated New Buy at Roth MKM; PT $41
** Tango Therapeutics (TNGX) Rated New Overweight at Piper Sandler; PT $18
** TKO (TKO) Rated New Buy at Jefferies; PT $120
** Walmex (WALMEX* MM) ADRs Rated New Hold at Jefferies; PT $46.78
* Upgrades
** Cass Information (CASS) Raised to Overweight at Piper Sandler; PT $51
** COPT Defense Properties (CDP) Raised to Outperform at Evercore ISI
** Corteva (CTVA) Raised to Buy at Loop Capital; PT $65
** Lincoln National (LNC) Raised to Hold at Jefferies; PT $26
** Lowe's (LOW) Raised to Overweight at JPMorgan; PT $265
** Marqeta (MQ) Raised to Buy at BofA
** Mohawk Industries (MHK) Raised to Buy at Deutsche Bank; PT $152
** Old Republic (ORI) Raised to Overweight at Piper Sandler
** PepsiCo (PEP) Raised to Buy at Citi; PT $195
** Rocket Lab USA (RKLB) Raised to Buy at Citi; PT $6
** Sangoma Technologies (STC CN) Raised to Speculative Buy at Canaccord
** Teva (TEVA IT) ADRs Raised to Overweight at Piper Sandler; PT $19
** United Therapeutics (UTHR) Raised to Neutral at Goldman; PT $215
** Viavi (VIAV) Raised to Buy at Stifel; PT $13
** Willis Towers (WTW) Raised to Market Perform at BMO; PT $298
*** Raised to Buy at Citi; PT $315
* Downgrades
** Assurant (AIZ) Cut to Market Perform at KBW; PT $182
** Big Lots (BIG) Cut to Sell at Loop Capital; PT $1
** Construction Partners (ROAD) Cut to Neutral at Baird; PT $50
** CVS (CVS) Cut to Hold at Accountability Research; PT $80
** Everest Group Ltd (EG) Cut to Neutral at Citi; PT $375
** FMC Corp (FMC) Cut to Hold at Loop Capital; PT $55
** Hershey (HSY) Cut to Underweight at Morgan Stanley; PT $183
** Newell Brands (NWL) Cut to Market Perform at Raymond James
** Owens Corning (OC) Cut to Equal-Weight at Barclays; PT $160
** Power Integrations (POWI) Cut to Underperform at Northland
** Primerica (PRI) Cut to Market Perform at Raymond James
** Rivian (RIVN) Cut to Equal-Weight at Barclays; PT $16
** Triumph Financial Inc (TFIN) Cut to Underweight at Piper Sandler
** Unity Software (U) Cut to Underperform at Macquarie
** VeriSign (VRSN) Cut to Sell at CFRA
** WP Carey (WPC) Cut to Market Perform at Raymond James
** XPO Inc (XPO) Cut to Underweight at Morgan Stanley; PT $80
* Initiations
** Atossa Therapeutics Inc (ATOS) Rated New Buy at HC Wainwright; PT $4
** Deckers Outdoor (DECK) Rated New Hold at Baptista Research; PT $887.50
** Evaxion Biotech (EVAX) ADRs Rated New Buy at HC Wainwright; PT $14
** Igc Pharma (IGC) Rated New Buy at Ascendiant Capital Markets; PT $2.75
** Palmer Square Capital BDC (PSBD) Rated New Outperform at Oppenheimer
*** Rated New Buy at Citi; PT $17
*** Rated New Outperform at RBC; PT $17
*** Rated New Overweight at JPMorgan
** SilverBow Resources (SBOW) Rated New Buy at Roth MKM; PT $41
** Tango Therapeutics (TNGX) Rated New Overweight at Piper Sandler; PT $18
** TKO (TKO) Rated New Buy at Jefferies; PT $120
** Walmex (WALMEX* MM) ADRs Rated New Hold at Jefferies; PT $46.78
13. veebruar Euroopas
Upgrades
* Avanza Raised to Neutral at Citi; PT 215 kronor
* Balder Raised to Buy at Pareto Securities; PT 74 kronor
* Elisa Raised to Buy at HSBC; PT 49 euros
* GSK Raised to Buy at Citi; PT 2,100 pence
* LondonMetric Raised to Add at Numis; PT 220 pence
* Lundbeck Raised to Buy at Deutsche Bank; PT 42 kroner
* Neste Raised to Neutral at Redburn
* Remedy Entertainment Raised to Accumulate at Inderes
* Rockwool Raised to Neutral at Goldman; PT 2,049 kroner
* Schibsted Raised to Overweight at Morgan Stanley; PT 410 kroner
Downgrades
* Air France-KLM Cut to Sell at Redburn; PT 10.50 euros
* Endomines Finland Cut to Sell at Evli Bank; PT 5.60 euros
* IAG Cut to Neutral at Redburn; PT 175 pence
* J. Martins Cut to Hold at Erste Group; PT 23.50 euros
* Latour Cut to Hold at DNB Markets; PT 280 kronor
* Lotus Bakeries Cut to Hold at ING; PT 9,999 euros
* Oriola Cut to Hold at Carnegie
* Volati Cut to Hold at Carnegie
* Wizz Air Cut to Neutral at Redburn; PT 2,400 pence
Initiations
* Breedon Group Rated New Outperform at RBC; PT 575 pence
* Elmera Group ASA Rated New Hold at Norne Securities
* Formycon Rated New Buy at Berenberg; PT 104 euros
* Scandic Rated New Buy at Nordea; PT 76 kronor
Upgrades
* Avanza Raised to Neutral at Citi; PT 215 kronor
* Balder Raised to Buy at Pareto Securities; PT 74 kronor
* Elisa Raised to Buy at HSBC; PT 49 euros
* GSK Raised to Buy at Citi; PT 2,100 pence
* LondonMetric Raised to Add at Numis; PT 220 pence
* Lundbeck Raised to Buy at Deutsche Bank; PT 42 kroner
* Neste Raised to Neutral at Redburn
* Remedy Entertainment Raised to Accumulate at Inderes
* Rockwool Raised to Neutral at Goldman; PT 2,049 kroner
* Schibsted Raised to Overweight at Morgan Stanley; PT 410 kroner
Downgrades
* Air France-KLM Cut to Sell at Redburn; PT 10.50 euros
* Endomines Finland Cut to Sell at Evli Bank; PT 5.60 euros
* IAG Cut to Neutral at Redburn; PT 175 pence
* J. Martins Cut to Hold at Erste Group; PT 23.50 euros
* Latour Cut to Hold at DNB Markets; PT 280 kronor
* Lotus Bakeries Cut to Hold at ING; PT 9,999 euros
* Oriola Cut to Hold at Carnegie
* Volati Cut to Hold at Carnegie
* Wizz Air Cut to Neutral at Redburn; PT 2,400 pence
Initiations
* Breedon Group Rated New Outperform at RBC; PT 575 pence
* Elmera Group ASA Rated New Hold at Norne Securities
* Formycon Rated New Buy at Berenberg; PT 104 euros
* Scandic Rated New Buy at Nordea; PT 76 kronor
14. veebruar Euroopas
Upgrades
* Acast Raised to Overweight at Barclays; PT 15 kronor
* BASF Raised to Buy at SocGen; PT 54 euros
* GSK Raised to Buy at Intron Health; PT 1,900 pence
* Mandatum Raised to Buy at SEB Equities; PT 4.40 euros
* Merus Power Raised to Accumulate at Inderes; PT 5 euros
* NX Filtration Raised to Hold at KBC Securities
* Novo Raised to Add at AlphaValue/Baader
* Peab Raised to Buy at ABG; PT 70 kronor
* Raisio Raised to Buy at Inderes; PT 2.30 euros
* Sats Raised to Buy at DNB Markets; PT 21 kroner
* Wihlborgs Raised to Buy at Handelsbanken
* Wizz Air Raised to Hold at Deutsche Bank; PT 2,300 pence
Downgrades
* BAE Cut to Hold at Jefferies; PT 1,210 pence
* Bytes Technology Cut to Hold at Jefferies; PT 670 pence
* CompuGroup Cut to Neutral at BNPP Exane; PT 36 euros
* Kindred GDRs Cut to Hold at Carnegie; PT 130 kronor
* Orion Cut to Hold at Nordea
* SII Cut to Hold at Stifel; PT 70 euros
* Viaplay Cut to Sell at Handelsbanken
* WithSecure Cut to Reduce at Inderes; PT 1.30 euros
Initiations
* DiscoverIE Rated New Sector Perform at RBC; PT 760 pence
* Hostelworld Rated New Buy at Canaccord; PT 247 pence
* Nichols Rated New Buy at Panmure Gordon; PT 1,260 pence
* Technogym Reinstated Buy at William O’Neil
* Tikehau Capital Rated New Neutral at Goldman; PT 22.80 euros
Upgrades
* Acast Raised to Overweight at Barclays; PT 15 kronor
* BASF Raised to Buy at SocGen; PT 54 euros
* GSK Raised to Buy at Intron Health; PT 1,900 pence
* Mandatum Raised to Buy at SEB Equities; PT 4.40 euros
* Merus Power Raised to Accumulate at Inderes; PT 5 euros
* NX Filtration Raised to Hold at KBC Securities
* Novo Raised to Add at AlphaValue/Baader
* Peab Raised to Buy at ABG; PT 70 kronor
* Raisio Raised to Buy at Inderes; PT 2.30 euros
* Sats Raised to Buy at DNB Markets; PT 21 kroner
* Wihlborgs Raised to Buy at Handelsbanken
* Wizz Air Raised to Hold at Deutsche Bank; PT 2,300 pence
Downgrades
* BAE Cut to Hold at Jefferies; PT 1,210 pence
* Bytes Technology Cut to Hold at Jefferies; PT 670 pence
* CompuGroup Cut to Neutral at BNPP Exane; PT 36 euros
* Kindred GDRs Cut to Hold at Carnegie; PT 130 kronor
* Orion Cut to Hold at Nordea
* SII Cut to Hold at Stifel; PT 70 euros
* Viaplay Cut to Sell at Handelsbanken
* WithSecure Cut to Reduce at Inderes; PT 1.30 euros
Initiations
* DiscoverIE Rated New Sector Perform at RBC; PT 760 pence
* Hostelworld Rated New Buy at Canaccord; PT 247 pence
* Nichols Rated New Buy at Panmure Gordon; PT 1,260 pence
* Technogym Reinstated Buy at William O’Neil
* Tikehau Capital Rated New Neutral at Goldman; PT 22.80 euros
15. veebruar Euroopas
Upgrades
* Anora Group Oyj Raised to Buy at SEB Equities; PT 6.20 euros
* Biohit Raised to Buy at Inderes; PT 2.40 euros
* Deutsche Post AG Raised to Buy at Goldman; PT 53 euros
* Finnair Raised to Buy at Nordea
* IntegraFin Raised to Outperform at RBC; PT 330 pence
* Kingfisher Raised to Buy at Citi; PT 258 pence
* Saint-Gobain Raised to Buy at Goldman; PT 87 euros
* Terveystalo Raised to Buy at SEB Equities; PT 9.30 euros
* Vaisala Raised to Accumulate at Inderes; PT 40 euros
Downgrades
* EssilorLuxottica Cut to Hold at Kepler Cheuvreux; PT 202 euros
* Gecina Cut to Hold at Bank Degroof Petercam; PT 116 euros
* Heineken Cut to Hold at HSBC; PT 90 euros
* Kingfisher Cut to Hold at Jefferies; PT 210 pence
* Neste Cut to Equal-Weight at Barclays; PT 33 euros
* PGE Cut to Neutral at Citi; PT 9.10 zloty
* Randstad Cut to Neutral at BNPP Exane
* Taaleri Plc Cut to Reduce at Inderes; PT 10 euros
* Tauron Cut to Neutral at Citi; PT 3.80 zloty
* Tokmanni Cut to Reduce at Inderes; PT 15.50 euros
* Wallenius Wilhelmsen Cut to Reduce at Kepler Cheuvreux
Initiations
* ACS Rated New Overweight at Barclays; PT 46 euros
* Ashtead Technology Rated New Buy at Stifel; PT 750 pence
* Bouvet Rated New Sell at Arctic Securities; PT 55 kroner
* Handelsbanken Rated New Underweight at Morgan Stanley
* Hochtief Rated New Overweight at Barclays; PT 123 euros
* Intermediate Capital Rated New Overweight at Morgan Stanley
* Nordea Bank Rated New Equal-Weight at Morgan Stanley
* Sacyr Rated New Overweight at Barclays; PT 4.10 euros
* Swedbank Rated New Underweight at Morgan Stanley
* Tan Delta Systems Rated New Corporate at Zeus Capital
* Wendel Rated New Buy at Berenberg; PT 103 euros
Upgrades
* Anora Group Oyj Raised to Buy at SEB Equities; PT 6.20 euros
* Biohit Raised to Buy at Inderes; PT 2.40 euros
* Deutsche Post AG Raised to Buy at Goldman; PT 53 euros
* Finnair Raised to Buy at Nordea
* IntegraFin Raised to Outperform at RBC; PT 330 pence
* Kingfisher Raised to Buy at Citi; PT 258 pence
* Saint-Gobain Raised to Buy at Goldman; PT 87 euros
* Terveystalo Raised to Buy at SEB Equities; PT 9.30 euros
* Vaisala Raised to Accumulate at Inderes; PT 40 euros
Downgrades
* EssilorLuxottica Cut to Hold at Kepler Cheuvreux; PT 202 euros
* Gecina Cut to Hold at Bank Degroof Petercam; PT 116 euros
* Heineken Cut to Hold at HSBC; PT 90 euros
* Kingfisher Cut to Hold at Jefferies; PT 210 pence
* Neste Cut to Equal-Weight at Barclays; PT 33 euros
* PGE Cut to Neutral at Citi; PT 9.10 zloty
* Randstad Cut to Neutral at BNPP Exane
* Taaleri Plc Cut to Reduce at Inderes; PT 10 euros
* Tauron Cut to Neutral at Citi; PT 3.80 zloty
* Tokmanni Cut to Reduce at Inderes; PT 15.50 euros
* Wallenius Wilhelmsen Cut to Reduce at Kepler Cheuvreux
Initiations
* ACS Rated New Overweight at Barclays; PT 46 euros
* Ashtead Technology Rated New Buy at Stifel; PT 750 pence
* Bouvet Rated New Sell at Arctic Securities; PT 55 kroner
* Handelsbanken Rated New Underweight at Morgan Stanley
* Hochtief Rated New Overweight at Barclays; PT 123 euros
* Intermediate Capital Rated New Overweight at Morgan Stanley
* Nordea Bank Rated New Equal-Weight at Morgan Stanley
* Sacyr Rated New Overweight at Barclays; PT 4.10 euros
* Swedbank Rated New Underweight at Morgan Stanley
* Tan Delta Systems Rated New Corporate at Zeus Capital
* Wendel Rated New Buy at Berenberg; PT 103 euros
16. veebruar Euroopas
Upgrades
* B3 Consulting Raised to Buy at Pareto Securities; PT 110 kronor
* Fondia Raised to Buy at Inderes; PT 7.50 euros
* Huhtamaki Raised to Equal-Weight at Barclays; PT 40 euros
* Klarabo Sverige Raised to Buy at Handelsbanken
* Marimekko Raised to Hold at Danske Bank Markets; PT 12 euros
* PGS Raised to Buy at Kepler Cheuvreux; PT 10.60 kroner
* Plastic Omnium Raised to Buy at Stifel; PT 17 euros
* Revenio Raised to Buy at SEB Equities; PT 33 euros
* TGS Raised to Buy at Kepler Cheuvreux; PT 155 kroner
* TietoEVRY Raised to Buy at Handelsbanken
* Tomra Raised to Hold at ABG; PT 125 kroner
* Wihlborgs Raised to Buy at ABG; PT 95 kronor
Downgrades
* Aallon Group Cut to Accumulate at Inderes; PT 10 euros
* Alisa Pankki Oyj Cut to Sell at Inderes; PT 15 euro cents
* Also Cut to Hold at M.M. Warburg; PT 270 Swiss francs
* Apetit Cut to Reduce at Inderes; PT 13.50 euros
* Deutsche PBB Cut to Hold at Pareto Securities; PT 4.50 euros
* Embracer Cut to Underweight at JPMorgan; PT 16 kronor
* EssilorLuxottica Cut to Hold at Stifel; PT 203 euros
* Kid ASA Cut to Hold at SEB Equities; PT 134 kroner
* Lemonsoft Cut to Reduce at Inderes; PT 6.40 euros
* Optomed Cut to Reduce at Inderes; PT 3.30 euros
* Raute Cut to Accumulate at Inderes; PT 12.50 euros
* Revenio Cut to Hold at Danske Bank Markets; PT 30 euros
* Revenio Cut to Reduce at Inderes; PT 28 euros
* Salmar Cut to Neutral at SpareBank; PT 655 kroner
* Temenos Cut to Hold at Bank Vontobel; PT 72 Swiss francs
* Tomra Cut to Sell at Pareto Securities; PT 90 kroner
Initiations
* Admiral Rated New Sector Perform at RBC; PT 2,600 pence
* Dowlais Rated New Overweight at Barclays; PT 110 pence
* Jumbo Reinstated Equal-Weight at Euroxx Securities
* R&S Group Holding Rated New Buy at Octavian
* Sabre Insurance Rated New Outperform at RBC; PT 200 pence
* Sage Rated New Hold at Panmure Gordon; PT 1,125 pence
Upgrades
* B3 Consulting Raised to Buy at Pareto Securities; PT 110 kronor
* Fondia Raised to Buy at Inderes; PT 7.50 euros
* Huhtamaki Raised to Equal-Weight at Barclays; PT 40 euros
* Klarabo Sverige Raised to Buy at Handelsbanken
* Marimekko Raised to Hold at Danske Bank Markets; PT 12 euros
* PGS Raised to Buy at Kepler Cheuvreux; PT 10.60 kroner
* Plastic Omnium Raised to Buy at Stifel; PT 17 euros
* Revenio Raised to Buy at SEB Equities; PT 33 euros
* TGS Raised to Buy at Kepler Cheuvreux; PT 155 kroner
* TietoEVRY Raised to Buy at Handelsbanken
* Tomra Raised to Hold at ABG; PT 125 kroner
* Wihlborgs Raised to Buy at ABG; PT 95 kronor
Downgrades
* Aallon Group Cut to Accumulate at Inderes; PT 10 euros
* Alisa Pankki Oyj Cut to Sell at Inderes; PT 15 euro cents
* Also Cut to Hold at M.M. Warburg; PT 270 Swiss francs
* Apetit Cut to Reduce at Inderes; PT 13.50 euros
* Deutsche PBB Cut to Hold at Pareto Securities; PT 4.50 euros
* Embracer Cut to Underweight at JPMorgan; PT 16 kronor
* EssilorLuxottica Cut to Hold at Stifel; PT 203 euros
* Kid ASA Cut to Hold at SEB Equities; PT 134 kroner
* Lemonsoft Cut to Reduce at Inderes; PT 6.40 euros
* Optomed Cut to Reduce at Inderes; PT 3.30 euros
* Raute Cut to Accumulate at Inderes; PT 12.50 euros
* Revenio Cut to Hold at Danske Bank Markets; PT 30 euros
* Revenio Cut to Reduce at Inderes; PT 28 euros
* Salmar Cut to Neutral at SpareBank; PT 655 kroner
* Temenos Cut to Hold at Bank Vontobel; PT 72 Swiss francs
* Tomra Cut to Sell at Pareto Securities; PT 90 kroner
Initiations
* Admiral Rated New Sector Perform at RBC; PT 2,600 pence
* Dowlais Rated New Overweight at Barclays; PT 110 pence
* Jumbo Reinstated Equal-Weight at Euroxx Securities
* R&S Group Holding Rated New Buy at Octavian
* Sabre Insurance Rated New Outperform at RBC; PT 200 pence
* Sage Rated New Hold at Panmure Gordon; PT 1,125 pence
20. veebruar Euroopas
Upgrades
* Argenx Raised to Buy at KBC Securities
* Aviva Raised to Buy at BofA
* Bayer Raised to Hold at HSBC; PT 25 euros
* Buzzi SpA Raised to Overweight at Barclays
* Domino’s Pizza Group Raised to Buy at Jefferies; PT 430 pence
* Heidelberg Materials Raised to Overweight at Barclays
* Pan African Raised to Buy at Peel Hunt; PT 23 pence
* Wulff-Group Raised to Accumulate at Inderes; PT 2.60 euros
Downgrades
* Embellence Group Cut to Hold at Handelsbanken
* Heineken Cut to Underperform at RBC; PT 75 euros
* Holcim Cut to Underweight at Barclays
* ICADE Cut to Neutral at BNPP Exane; PT 30 euros
* SSAB Cut to Hold at Deutsche Bank; PT 90 kronor
* Sandoz Group Cut to Equal-Weight at Morgan Stanley
* Seraphim Space Investment Trust Cut to Hold at Stifel
* Vicat Cut to Equal-Weight at Barclays
Initiations
* Desert Control Reinstated Buy at Arctic Securities; PT 9 kroner
* Hellenic Exchanges Reinstated Equal-Weight at Euroxx Securities
* PPHE Hotel Rated New Buy at Investec; PT 2,820 pence
* Technip Energies Rated New Buy at Berenberg; PT 26 euros
* Vef Rated New Buy at Jefferies; PT 3.33 kronor
* Veolia Re-Initiated Outperform at BNPP Exane; PT 38 euros
Upgrades
* Argenx Raised to Buy at KBC Securities
* Aviva Raised to Buy at BofA
* Bayer Raised to Hold at HSBC; PT 25 euros
* Buzzi SpA Raised to Overweight at Barclays
* Domino’s Pizza Group Raised to Buy at Jefferies; PT 430 pence
* Heidelberg Materials Raised to Overweight at Barclays
* Pan African Raised to Buy at Peel Hunt; PT 23 pence
* Wulff-Group Raised to Accumulate at Inderes; PT 2.60 euros
Downgrades
* Embellence Group Cut to Hold at Handelsbanken
* Heineken Cut to Underperform at RBC; PT 75 euros
* Holcim Cut to Underweight at Barclays
* ICADE Cut to Neutral at BNPP Exane; PT 30 euros
* SSAB Cut to Hold at Deutsche Bank; PT 90 kronor
* Sandoz Group Cut to Equal-Weight at Morgan Stanley
* Seraphim Space Investment Trust Cut to Hold at Stifel
* Vicat Cut to Equal-Weight at Barclays
Initiations
* Desert Control Reinstated Buy at Arctic Securities; PT 9 kroner
* Hellenic Exchanges Reinstated Equal-Weight at Euroxx Securities
* PPHE Hotel Rated New Buy at Investec; PT 2,820 pence
* Technip Energies Rated New Buy at Berenberg; PT 26 euros
* Vef Rated New Buy at Jefferies; PT 3.33 kronor
* Veolia Re-Initiated Outperform at BNPP Exane; PT 38 euros
21. veebruar Euroopas
Upgrades
* Bank of Georgia Group Raised to Buy at Citi; PT 5,300 pence
* Currys Raised to Buy at HSBC; PT 78 pence
* Enagas Raised to Buy at SocGen; PT 16.70 euros
* Enagas Raised to Hold at Deutsche Bank; PT 14.50 euros
* Genel Raised to Buy at Jefferies
* Oerlikon Raised to Buy at Octavian; PT 6 Swiss francs
* Ponsse Raised to Buy at Carnegie
* Unilever Raised to Buy at Bryan Garnier
Downgrades
* ASMI Cut to Reduce at KBC Securities; PT 432 euros
* Acciona Energia Cut to Reduce at HSBC; PT 19 euros
* Aker Solutions Cut to Sector Perform at RBC; PT 45 kroner
* Antin Cut to Neutral at Citi; PT 18 euros
* Castellum Cut to Hold at Pareto Securities; PT 135 kronor
* Coloplast Cut to Hold at Berenberg; PT 900 kroner
* Kering Cut to Reduce at CLSA; PT 432 euros
* Kitron Cut to Hold at Pareto Securities; PT 37 kroner
Initiations
* Kloeckner Resumed Buy at Deutsche Bank; PT 10 euros
* Orsted Rated New Hold at Sydbank
* Saab Rated New Buy at Pareto Securities; PT 900 kronor
* Valeo Rated New Hold at DBS Bank; PT 12 euros
Upgrades
* Bank of Georgia Group Raised to Buy at Citi; PT 5,300 pence
* Currys Raised to Buy at HSBC; PT 78 pence
* Enagas Raised to Buy at SocGen; PT 16.70 euros
* Enagas Raised to Hold at Deutsche Bank; PT 14.50 euros
* Genel Raised to Buy at Jefferies
* Oerlikon Raised to Buy at Octavian; PT 6 Swiss francs
* Ponsse Raised to Buy at Carnegie
* Unilever Raised to Buy at Bryan Garnier
Downgrades
* ASMI Cut to Reduce at KBC Securities; PT 432 euros
* Acciona Energia Cut to Reduce at HSBC; PT 19 euros
* Aker Solutions Cut to Sector Perform at RBC; PT 45 kroner
* Antin Cut to Neutral at Citi; PT 18 euros
* Castellum Cut to Hold at Pareto Securities; PT 135 kronor
* Coloplast Cut to Hold at Berenberg; PT 900 kroner
* Kering Cut to Reduce at CLSA; PT 432 euros
* Kitron Cut to Hold at Pareto Securities; PT 37 kroner
Initiations
* Kloeckner Resumed Buy at Deutsche Bank; PT 10 euros
* Orsted Rated New Hold at Sydbank
* Saab Rated New Buy at Pareto Securities; PT 900 kronor
* Valeo Rated New Hold at DBS Bank; PT 12 euros
23. veebruar
Upgrades
* Aena Raised to Buy at Citi; PT 189 euros
* BNP Paribas Raised to Buy at Berenberg; PT 72 euros
* Breedon Group Raised to Overweight at Barclays; PT 450 pence
* Catena Raised to Buy at Handelsbanken
* Hellenic Telecom Raised to Overweight at Barclays; PT 19 euros
* JCDecaux Raised to Buy at Goldman; PT 24.80 euros
* Knorr-Bremse Raised to Outperform at BNPP Exane; PT 72 euros
* Mercedes Raised to Overweight at Barclays; PT 80 euros
* Repsol Raised to Overweight at JPMorgan; PT 17.50 euros
* Viaplay Raised to Hold at Handelsbanken
Downgrades
* Adtraction Group Cut to Hold at Pareto Securities; PT 50 kronor
* Alfen Cut to Neutral at Bryan Garnier; PT 60 euros
* Credit Agricole Cut to Sell at Berenberg; PT 10.50 euros
* Demant Cut to Hold at Deutsche Bank; PT 368 kroner
* Domino’s Pizza Group Cut to Equal-Weight at Barclays
* Handelsbanken Cut to Hold at HSBC; PT 128 kronor
* ISS Cut to Hold at Nordea
* SEB Cut to Hold at HSBC; PT 160 kronor
* Scibase Cut to Reduce at Inderes; PT 0.45 kronor
* Team17 Cut to Neutral at Cantor; PT 270 pence
Initiations
* EQT Reinstated Buy at William O’Neil
* Edenred Reinstated Buy at Berenberg; PT 67 euros
* Pluxee Rated New Hold at Berenberg; PT 30 euros
* Solaria Energia Rated New Equal-Weight at Morgan Stanley
Upgrades
* Aena Raised to Buy at Citi; PT 189 euros
* BNP Paribas Raised to Buy at Berenberg; PT 72 euros
* Breedon Group Raised to Overweight at Barclays; PT 450 pence
* Catena Raised to Buy at Handelsbanken
* Hellenic Telecom Raised to Overweight at Barclays; PT 19 euros
* JCDecaux Raised to Buy at Goldman; PT 24.80 euros
* Knorr-Bremse Raised to Outperform at BNPP Exane; PT 72 euros
* Mercedes Raised to Overweight at Barclays; PT 80 euros
* Repsol Raised to Overweight at JPMorgan; PT 17.50 euros
* Viaplay Raised to Hold at Handelsbanken
Downgrades
* Adtraction Group Cut to Hold at Pareto Securities; PT 50 kronor
* Alfen Cut to Neutral at Bryan Garnier; PT 60 euros
* Credit Agricole Cut to Sell at Berenberg; PT 10.50 euros
* Demant Cut to Hold at Deutsche Bank; PT 368 kroner
* Domino’s Pizza Group Cut to Equal-Weight at Barclays
* Handelsbanken Cut to Hold at HSBC; PT 128 kronor
* ISS Cut to Hold at Nordea
* SEB Cut to Hold at HSBC; PT 160 kronor
* Scibase Cut to Reduce at Inderes; PT 0.45 kronor
* Team17 Cut to Neutral at Cantor; PT 270 pence
Initiations
* EQT Reinstated Buy at William O’Neil
* Edenred Reinstated Buy at Berenberg; PT 67 euros
* Pluxee Rated New Hold at Berenberg; PT 30 euros
* Solaria Energia Rated New Equal-Weight at Morgan Stanley
26. veebruar Euroopas
Upgrades
* BASF Raised to Buy at Stifel; PT 59 euros
* BMW Raised to Buy at Bankhaus Metzler
* Colruyt Raised to Outperform at BNPP Exane
* Hiscox Raised to Buy at Peel Hunt; PT 1,340 pence
* Hybrid Software Group Raised to Buy at KBC Securities
* NYAB Oyj Raised to Reduce at Inderes; PT 45 euro cents
Downgrades
* Asos Cut to Hold at SocGen; PT 406 pence
* BKW Cut to Hold at Mirabaud Securities; PT 140 Swiss francs
* Halma Cut to Hold at HSBC; PT 2,500 pence
* Imerys Cut to Neutral at BNPP Exane; PT 31 euros
* Lufthansa Cut to Equal-Weight at Barclays; PT 8.50 euros
* Lundbergforetagen Cut to Sell at DNB Markets; PT 485 kronor
* MPC Container Ships ASA Cut to Hold at Arctic Securities
* Nestle Cut to Hold at Stifel; PT 106 Swiss francs
* Norrhydro Group Cut to Reduce at Inderes; PT 1.80 euros
* Orion Cut to Underperform at Jefferies; PT 28 euros
* Traton Cut to Hold at Bankhaus Metzler; PT 26 euros
* Ypsomed Cut to Hold at Octavian; PT 340 Swiss francs
Initiations
* De Nora Rated New Buy at Jefferies; PT 20 euros
* NIBE Industrier Rated New Buy at Citi; PT 71 kronor
* PowerCell Rated New Buy at Pareto Securities; PT 53 kronor
* Torm Reinstated Buy at Nordea; PT 270 kroner
Upgrades
* BASF Raised to Buy at Stifel; PT 59 euros
* BMW Raised to Buy at Bankhaus Metzler
* Colruyt Raised to Outperform at BNPP Exane
* Hiscox Raised to Buy at Peel Hunt; PT 1,340 pence
* Hybrid Software Group Raised to Buy at KBC Securities
* NYAB Oyj Raised to Reduce at Inderes; PT 45 euro cents
Downgrades
* Asos Cut to Hold at SocGen; PT 406 pence
* BKW Cut to Hold at Mirabaud Securities; PT 140 Swiss francs
* Halma Cut to Hold at HSBC; PT 2,500 pence
* Imerys Cut to Neutral at BNPP Exane; PT 31 euros
* Lufthansa Cut to Equal-Weight at Barclays; PT 8.50 euros
* Lundbergforetagen Cut to Sell at DNB Markets; PT 485 kronor
* MPC Container Ships ASA Cut to Hold at Arctic Securities
* Nestle Cut to Hold at Stifel; PT 106 Swiss francs
* Norrhydro Group Cut to Reduce at Inderes; PT 1.80 euros
* Orion Cut to Underperform at Jefferies; PT 28 euros
* Traton Cut to Hold at Bankhaus Metzler; PT 26 euros
* Ypsomed Cut to Hold at Octavian; PT 340 Swiss francs
Initiations
* De Nora Rated New Buy at Jefferies; PT 20 euros
* NIBE Industrier Rated New Buy at Citi; PT 71 kronor
* PowerCell Rated New Buy at Pareto Securities; PT 53 kronor
* Torm Reinstated Buy at Nordea; PT 270 kroner
27. veebruar Euroopas
Upgrades
* Belimo Raised to Buy at Kepler Cheuvreux; PT 480 Swiss francs
* Flutter Raised to Overweight at Barclays; PT 20,000 pence
* L’Oreal Raised to Buy at Berenberg; PT 530 euros
* Nestle Raised to Sector Perform at RBC; PT 96 Swiss francs
Downgrades
* Aena Cut to Neutral at Grupo Santander; PT 190 euros
* Bunzl Cut to Hold at Peel Hunt; PT 3,300 pence
* Domino’s Pizza Group Cut to Hold at Hedgeye
* FLEX LNG Cut to Underperform at Jefferies; PT 241.62 kroner
* Technogym Cut to Sell at Banca Akros (ESN); PT 8 euros
* Unilever Cut to Underweight at Morgan Stanley; PT 3,775 pence
* WPP Cut to Hold at HSBC; PT 790 pence
* Zealand Pharma Cut to Sell at Danske Bank Markets; PT 600 kroner
Initiations
* Fiera Milano Rated New Outperform at Mediobanca SpA
* Swatch Rated New Hold at Research Partners; PT 210 Swiss francs
Upgrades
* Belimo Raised to Buy at Kepler Cheuvreux; PT 480 Swiss francs
* Flutter Raised to Overweight at Barclays; PT 20,000 pence
* L’Oreal Raised to Buy at Berenberg; PT 530 euros
* Nestle Raised to Sector Perform at RBC; PT 96 Swiss francs
Downgrades
* Aena Cut to Neutral at Grupo Santander; PT 190 euros
* Bunzl Cut to Hold at Peel Hunt; PT 3,300 pence
* Domino’s Pizza Group Cut to Hold at Hedgeye
* FLEX LNG Cut to Underperform at Jefferies; PT 241.62 kroner
* Technogym Cut to Sell at Banca Akros (ESN); PT 8 euros
* Unilever Cut to Underweight at Morgan Stanley; PT 3,775 pence
* WPP Cut to Hold at HSBC; PT 790 pence
* Zealand Pharma Cut to Sell at Danske Bank Markets; PT 600 kroner
Initiations
* Fiera Milano Rated New Outperform at Mediobanca SpA
* Swatch Rated New Hold at Research Partners; PT 210 Swiss francs
28. veebruar Euroopas
Upgrades
* Abrdn Raised to Buy at Numis; PT 209 pence
* BCP Raised to Outperform at Oddo BHF; PT 41 euro cents
* Genus Raised to Buy at Investec; PT 2,309 pence
* Hammerson Raised to Outperform at BNPP Exane; PT 32 pence
* Mercedes Raised to Buy at Jefferies; PT 100 euros
* Millicom GDRs Raised to Buy at HSBC; PT 230 kronor
* Zurich Ins. Raised to Buy at Berenberg; PT 529 Swiss francs
Downgrades
* Direct Line Cut to Neutral at Citi; PT 162 pence
* OptiCept Technologies Cut to Sell at Inderes; PT 2.20 kronor
* Oxford Nanopore Cut to Sell at Stifel; PT 130 pence
* SIG Group Cut to Underperform at BNPP Exane; PT 16 Swiss francs
* Seacrest Petroleo Bermuda Cut to Hold at Pareto Securities
* Seacrest Petroleo Bermuda Cut to Neutral at Banco BTG Pactual
* Stellantis Cut to Market Perform at Bernstein
* Suess MicroTec Cut to Hold at M.M. Warburg; PT 42.50 euros
* Worldline Cut to Neutral at Oddo BHF
Initiations
* Baltic Classifieds Group Rated New Hold at Jefferies
* LendInvest Rated New Hold at Investec; PT 28 pence
* Sonova Rated New Hold at Equita; PT 300 Swiss francs
Upgrades
* Abrdn Raised to Buy at Numis; PT 209 pence
* BCP Raised to Outperform at Oddo BHF; PT 41 euro cents
* Genus Raised to Buy at Investec; PT 2,309 pence
* Hammerson Raised to Outperform at BNPP Exane; PT 32 pence
* Mercedes Raised to Buy at Jefferies; PT 100 euros
* Millicom GDRs Raised to Buy at HSBC; PT 230 kronor
* Zurich Ins. Raised to Buy at Berenberg; PT 529 Swiss francs
Downgrades
* Direct Line Cut to Neutral at Citi; PT 162 pence
* OptiCept Technologies Cut to Sell at Inderes; PT 2.20 kronor
* Oxford Nanopore Cut to Sell at Stifel; PT 130 pence
* SIG Group Cut to Underperform at BNPP Exane; PT 16 Swiss francs
* Seacrest Petroleo Bermuda Cut to Hold at Pareto Securities
* Seacrest Petroleo Bermuda Cut to Neutral at Banco BTG Pactual
* Stellantis Cut to Market Perform at Bernstein
* Suess MicroTec Cut to Hold at M.M. Warburg; PT 42.50 euros
* Worldline Cut to Neutral at Oddo BHF
Initiations
* Baltic Classifieds Group Rated New Hold at Jefferies
* LendInvest Rated New Hold at Investec; PT 28 pence
* Sonova Rated New Hold at Equita; PT 300 Swiss francs
29. veebruar Euroopas
Upgrades
* Administer Raised to Accumulate at Inderes; PT 2.80 euros
* BCP Raised to Buy at CaixaBank BPI; PT 37 euro cents
* Direct Line Raised to Equal-Weight at Barclays; PT 219 pence
* EDP Renovaveis Raised to Outperform at BNPP Exane; PT 16 euros
* Ecit Raised to Buy at Arctic Securities; PT 8.50 kroner
* Leroy Raised to Buy at SEB Equities; PT 52 kroner
* Repsol Raised to Outperform at BNPP Exane; PT 17 euros
* Solaria Energia Raised to Buy at JB Capital Markets; PT 18 euros
* St James’s Place Raised to Buy at Citi; PT 615 pence
* Teleperformance Raised to Neutral at Redburn; PT 120 euros
* Vestas Raised to Buy at Jyske Bank; PT 220 kroner
Downgrades
* AMS-Osram Cut to Hold at Bank Vontobel; PT 2 Swiss francs
* AMS-Osram Cut to Underperform at Oddo BHF; PT 1.50 Swiss francs
* Air France-KLM Cut to Underperform at Oddo BHF; PT 11.50 euros
* Amadeus Cut to Neutral at CaixaBank BPI; PT 68 euros
* Aston Martin Cut to Neutral at Oddo BHF; PT 180 pence
* BW Energy Cut to Hold at Carnegie
* Bayer Cut to Neutral at Citi; PT 33 euros
* Digital Workforce Services Cut to Reduce at Inderes
* Encavis Cut to Hold at Berenberg; PT 12 euros
* Eni Cut to Underperform at BNPP Exane; PT 11.50 euros
* Kinnevik Cut to Add at AlphaValue/Baader
* Novavis Group Cut to Accumulate at Erste Group; PT 3.12 zloty
* Recticel Cut to Hold at KBC Securities; PT 11 euros
* St James’s Place Cut to Neutral at Redburn; PT 560 pence
* Warehouses Estates Cut to Hold at KBC Securities; PT 38 euros
Initiations
* Learning Tech Reinstated Neutral at Goldman; PT 97 pence
* SGS Rated New Hold at Research Partners; PT 93.80 Swiss francs
* Smiths News PLC Rated New Buy at Canaccord; PT 85 pence
* Sobi Rated New Buy at Berenberg; PT 315 kronor
Upgrades
* Administer Raised to Accumulate at Inderes; PT 2.80 euros
* BCP Raised to Buy at CaixaBank BPI; PT 37 euro cents
* Direct Line Raised to Equal-Weight at Barclays; PT 219 pence
* EDP Renovaveis Raised to Outperform at BNPP Exane; PT 16 euros
* Ecit Raised to Buy at Arctic Securities; PT 8.50 kroner
* Leroy Raised to Buy at SEB Equities; PT 52 kroner
* Repsol Raised to Outperform at BNPP Exane; PT 17 euros
* Solaria Energia Raised to Buy at JB Capital Markets; PT 18 euros
* St James’s Place Raised to Buy at Citi; PT 615 pence
* Teleperformance Raised to Neutral at Redburn; PT 120 euros
* Vestas Raised to Buy at Jyske Bank; PT 220 kroner
Downgrades
* AMS-Osram Cut to Hold at Bank Vontobel; PT 2 Swiss francs
* AMS-Osram Cut to Underperform at Oddo BHF; PT 1.50 Swiss francs
* Air France-KLM Cut to Underperform at Oddo BHF; PT 11.50 euros
* Amadeus Cut to Neutral at CaixaBank BPI; PT 68 euros
* Aston Martin Cut to Neutral at Oddo BHF; PT 180 pence
* BW Energy Cut to Hold at Carnegie
* Bayer Cut to Neutral at Citi; PT 33 euros
* Digital Workforce Services Cut to Reduce at Inderes
* Encavis Cut to Hold at Berenberg; PT 12 euros
* Eni Cut to Underperform at BNPP Exane; PT 11.50 euros
* Kinnevik Cut to Add at AlphaValue/Baader
* Novavis Group Cut to Accumulate at Erste Group; PT 3.12 zloty
* Recticel Cut to Hold at KBC Securities; PT 11 euros
* St James’s Place Cut to Neutral at Redburn; PT 560 pence
* Warehouses Estates Cut to Hold at KBC Securities; PT 38 euros
Initiations
* Learning Tech Reinstated Neutral at Goldman; PT 97 pence
* SGS Rated New Hold at Research Partners; PT 93.80 Swiss francs
* Smiths News PLC Rated New Buy at Canaccord; PT 85 pence
* Sobi Rated New Buy at Berenberg; PT 315 kronor