Muudatused analüütikute hinnangutes

22. august Euroopas

Upgrades
* Admiral Raised to Hold at Jefferies; PT 3,025 pence
* CBrain Raised to Hold at ABG; PT 225 kroner
* Deceuninck Raised to Buy at KBC Securities; PT 4.20 euros
* Glenveagh Raised to Buy at Jefferies; PT 2.25 euros
* MOL Raised to Buy at Citi; PT 3,400 forint
* Multiconsult Raised to Buy at Arctic Securities; PT 195 kroner
* Polenergia Raised to Outperform at Santander Biuro Maklerskie
* Unilever Raised to Buy at BofA

Downgrades
* Beerenberg Cut to Neutral at SpareBank; PT 41.50 kroner
* DocMorris AG Cut to Hold at Deutsche Bank; PT 45 Swiss francs
* Fifax Abp Cut to Sell at Inderes; PT 17 euro cents
* HOCHDORF Cut to Sell at Research Partners; PT 1 Swiss franc
* Orsted Cut to Hold at Kepler Cheuvreux; PT 400 kroner

Initiations
* IPC Rated New Market Perform at BMO; PT 165.19 kronor
* Novonesis Reinstated Buy at Nordea; PT 500 kroner
23. august USAs ja Kanadas

* Upgrades
** BBB Foods (TBBB) Raised to Hold at HSBC; PT $31
** Bilibili (BILI) ADRs Raised to Overweight at Barclays; PT $19
** BJ's Wholesale (BJ) Raised to Overweight at Wells Fargo; PT $92
** Chewy (CHWY) Raised to Overweight at Piper Sandler
** Gaming and Leisure (GLPI) Raised to Outperform at Wolfe; PT $57
** Roku (ROKU) Raised to Buy at Guggenheim; PT $75
** Snowflake (SNOW) Raised to Hold at HSBC; PT $121
** Warby Parker (WRBY) Raised to Market Outperform at JMP; PT $20
** Westlake Corp (WLK) Raised to Outperform at RBC; PT $174

* Downgrades
** BILL Holdings Inc (BILL) Cut to Neutral at Goldman; PT $54
** Cyclo Therapeutics (CYTH) Cut to Neutral at HC Wainwright; PT 95 cents
** EQT Corp (EQT) Cut to Neutral at Citi; PT $37
** iQIYI (IQ) ADRs Cut to Hold at Benchmark
** Kore Group (KORE) Cut to Hold at TD Cowen; PT $2
** Las Vegas Sands (LVS) Cut to Neutral at UBS
** Peloton (PTON) Cut to Neutral at JPMorgan; PT $5
** Topgolf Callaway Brands (MODG) Cut to Underperform at Raymond James

* Initiations
** Dorian LPG (LPG) Rated New Buy at SEB Equities; PT $45
** Smurfit WestRock (SW) Rated New Buy at Redburn; PT $60
** Trade Desk (TTD) Reinstated Buy at William O'Neil
** Varex Imaging (VREX) Rated New Buy at B Riley; PT $21
26. august Euroopas

Upgrades
* Elia Group Raised to Outperform at Oddo BHF; PT 112 euros
* Huscompagniet Raised to Buy at Nordea; PT 75 kroner
* Lotus Bakeries Raised to Hold at Kepler Cheuvreux
* MPC Container Ships ASA Raised to Buy at Arctic Securities
* Optomed Raised to Accumulate at Inderes; PT 5.70 euros
* Rieter Raised to Add at Baader Helvea; PT 116 Swiss francs
* Sagax Raised to Buy at SEB Equities; PT 318 kronor

Downgrades
* DocMorris AG Cut to Hold at M.M. Warburg; PT 50 Swiss francs
* Instalco AB Cut to Hold at Kepler Cheuvreux; PT 49 kronor
* Royal Unibrew Cut to Hold at Jyske Bank; PT 590 kroner
* Sensirion Cut to Hold at Stifel; PT 75 Swiss francs
* Sparebank 1 Oestlandet Cut to Neutral at SpareBank

Initiation
* Public Property Invest Rated New Buy at ABG; PT 25 kroner
28. august Euroopas

Upgrades
* ArcelorMittal Raised to Buy at Deutsche Bank
* Bouvet Raised to Buy at Pareto Securities; PT 80 kroner
* Bouvet Raised to Buy at SpareBank; PT 75 kroner
* Direct Line Raised to Buy at Citi; PT 223 pence
* Friedrich Vorwerk Group Raised to Buy at Berenberg; PT 27 euros
* Latour Raised to Buy at DNB Markets; PT 332 kronor
* Lundbergforetagen Raised to Hold at DNB Markets; PT 555 kronor

Downgrades
* Betolar Cut to Sell at Inderes; PT 1 euro
* Coloplast Cut to Sell at UBS
* Itera Cut to Sell at SpareBank; PT 10.50 kroner
* Kingfisher Cut to Neutral at Citi; PT 292 pence
* Peach Property Cut to Sell at Research Partners
* Romsdal Sparebank Cut to Hold at Norne Securities; PT 123 kroner
* Tesco Cut to Hold at Kepler Cheuvreux; PT 355 pence
* Watches of Switzerland Cut to Neutral at BNPP Exane
* Zurich Airport Cut to Equal-Weight at Barclays

Initiations
* BRAEMAR PLC Rated New Buy at Canaccord; PT 410 pence
* Diversified Energy Rated New Overweight at KeyBanc
* Maire Rated New Buy at Jefferies; PT 10 euros
* Mips Reinstated Buy at William O’Neil
* Ypsomed Rated New Outperform at Oddo BHF; PT 495 Swiss francs
29. august Euroopas

Upgrades
* Bunzl Raised to Hold at Stifel; PT 3,530 pence
* Bunzl Raised to Sector Perform at RBC; PT 3,350 pence
* CFE Raised to Buy at KBC Securities
* Centrica Raised to Buy at Jefferies; PT 150 pence
* Close Brothers Raised to Outperform at RBC; PT 620 pence
* Corbion Raised to Overweight at Barclays; PT 24.50 euros
* DEME Group Raised to Buy at KBC Securities; PT 190 euros
* Eni Raised to Overweight at Morgan Stanley; PT 18 euros
* Etteplan Raised to Accumulate at Inderes; PT 13 euros
* Heidelberger Druck Raised to Buy at Baader Helvea; PT 1.75 euros
* Neste Raised to Overweight at Morgan Stanley; PT 27.50 euros
* Sparebanken Sor Raised to Buy at DNB Markets; PT 213 kroner
* UMG Raised to Outperform at BNPP Exane; PT 27.50 euros
* Webstep ASA Raised to Buy at Pareto Securities; PT 28 kroner

Downgrades
* CD Projekt Cut to Hold at Trigon Dom Maklerski; PT 188 zloty
* Elisa Cut to Hold at Nordea; PT 48 euros
* Equinor Cut to Underweight at Morgan Stanley; PT 270 kroner
* KGHM Cut to Neutral at Citi; PT 155 zloty
* Reckitt Cut to Neutral at JPMorgan; PT 6,000 pence
* Repsol Cut to Equal-Weight at Morgan Stanley; PT 15.20 euros

Initiations
* Robertet Rated New Buy at Jefferies; PT 1,040 euros
* Tele2 Rated New Buy at Nordea; PT 125 kronor
* Telenor Rated New Buy at Nordea; PT 150 kroner
* Telia Rated New Hold at Nordea; PT 31 kronor
* Yubico Rated New Hold at Berenberg; PT 300 kronor
30. august Euroopas

Upgrades
* Cool Raised to Buy at Pareto Securities; PT 132 kroner
* Credit Agricole Raised to Buy at HSBC; PT 17.50 euros
* Daimler Truck Raised to Buy at HSBC; PT 42 euros
* Integrated Wind Solutions Raised to Buy at Clarksons
* Nilfisk Raised to Buy at Nordea
* Volvo Raised to Buy at HSBC; PT 340 kronor

Downgrades
* Aiforia Technologies Cut to Reduce at Inderes; PT 4.60 euros
* Aquafil Cut to Hold at Kepler Cheuvreux; PT 3 euros
* Avantium N.V. Cut to Underperform at Oddo BHF; PT 1.90 euros
* Believe Cut to Neutral at Citi; PT 15 euros
* CD Projekt Cut to Sell at Raiffeisen Bank; PT 140 zloty
* Cegedim Cut to Reduce at IDMidcaps; PT 12.50 euros
* Concentric Cut to Hold at Kepler Cheuvreux; PT 230 kronor
* DS Smith Cut to Hold at Investec; PT 465 pence
* Maisons du Monde Cut to Reduce at IDMidcaps; PT 3.50 euros
* NRC Cut to Hold at Pareto Securities; PT 6 kroner
* Saras Cut to Reduce at Equita; PT 1.60 euros

Initiation
* Renault Reinstated Buy at LBBW; PT 55 euros
2. september Euroopas

Upgrades
* Ambu Raised to Buy at SEB Equities; PT 160 kroner
* Hiscox Raised to Buy at Panmure Liberum
* Hiscox Raised to Outperform at KBW; PT 1,325 pence
* Inmobiliaria Colonial Raised to Equal-Weight at Morgan Stanley
* Mondi Raised to Outperform at BNPP Exane; PT 1,620 pence
* Vetoquinol Raised to Buy at Stifel; PT 120 euros

Downgrades
* DEME Group Cut to Hold at Jefferies; PT 165 euros
* DEME Group Cut to Neutral at BNPP Exane; PT 183 euros
* Dolphin Drilling Cut to Hold at DNB Markets; PT 4.20 kroner
* Investis Cut to Market Perform at ZKB
* PSP Swiss Cut to Underweight at Morgan Stanley

Initiations
* Bodycote Rated New Buy at Berenberg; PT 800 pence
* DNB Bank Rated New Hold at Deutsche Bank; PT 229 kroner
* Danske Bank Rated New Buy at Deutsche Bank; PT 240 kroner
* Handelsbanken Rated New Hold at Deutsche Bank; PT 109 kronor
* Maasoeval Rated New Buy at Pareto Securities; PT 42 kroner
* Nordea Bank Rated New Buy at Deutsche Bank
* Paratus Energy Services Rated New Buy at Fearnley; PT 76 kroner
* SEB Rated New Hold at Deutsche Bank; PT 161 kronor
* Swedbank Rated New Buy at Deutsche Bank; PT 264 kronor
3. september Euroopas

Upgrades
* Air France-KLM Raised to Neutral at Redburn; PT 9.50 euros
* Akzo Nobel Raised to Buy at BofA
* Ashtead Technology Raised to Buy at Deutsche Bank
* Azelis Raised to Buy at Jefferies; PT 24 euros
* Barratt Raised to Overweight at Barclays; PT 641 pence
* Deutsche Bank Raised to Overweight at Barclays; PT 22 euros
* Draegerwerk Raised to Hold at Jefferies; PT 47 euros
* Equinor Raised to Neutral at Grupo Santander; PT 300 kroner
* FDJ Raised to Buy at Deutsche Bank
* HgCapital Raised to Overweight at Barclays; PT 600 pence
* Hikma Raised to Buy at Berenberg; PT 2,400 pence
* IAG Raised to Buy at Redburn; PT 250 pence
* IMCD Raised to Buy at Jefferies; PT 170 euros
* Merlin Properties Raised to Buy at CaixaBank BPI; PT 13.55 euros
* Munters Raised to Buy at Jefferies; PT 260 kronor
* Puma Raised to Outperform at BNPP Exane; PT 45 euros
* SwedenCare Raised to Buy at Jefferies; PT 64 kronor
* Syensqo Raised to Buy at BofA
* TEN Square Games Raised to Hold at Trigon Dom Maklerski
* Trelleborg Raised to Overweight at Barclays; PT 470 kronor
* VW Raised to Outperform at BNPP Exane

Downgrades
* Adesso SE Cut to Hold at Jefferies; PT 75 euros
* BASF Cut to Neutral at BofA
* BMW Cut to Neutral at BNPP Exane
* Cie du Bois Sauvage Cut to Hold at KBC Securities
* Ence Cut to Hold at Jefferies; PT 3.50 euros
* Galp Cut to Neutral at Grupo Santander; PT 21 euros
* HarbourVest Global Cut to Equal-Weight at Barclays
* Kempower Cut to Reduce at Inderes; PT 10 euros
* Next Cut to Neutral at BNPP Exane; PT 10,500 pence
* Novartis Cut to Hold at Jefferies; PT 105 Swiss francs
* TotalEnergies Cut to Neutral at Grupo Santander; PT 70 euros
* Volvo Car Cut to Underperform at BNPP Exane

Initiations
* AFRY Rated New Buy at Jefferies; PT 270 kronor
* Elekta Reinstated Hold at Nordea
* Judges Scientific Rated New Buy at Jefferies; PT 12,230 pence
* Puig Rated New Neutral at Alantra Equities; PT 26.45 euros
* Sartorius Rated New Sector Perform at RBC; PT 295 euros
* Sartorius Stedim Rated New Outperform at RBC; PT 270 euros
* Sweco Rated New Hold at Jefferies; PT 180 kronor
USA ja Kanada

Upgrades

** Applied Opto (AAOI) Raised to Outperform at Raymond James
** Autodesk (ADSK) Raised to Neutral at Goldman; PT $295
*** Raised to Buy at HSBC; PT $299
** Bank of America (BAC) Raised to Buy at Deutsche Bank; PT $45
** Coca-Cola Femsa (KOFUBL MM) ADRs Raised to Buy at Goldman; PT $113.70
** nCino (NCNO) Raised to Outperform at Raymond James
** Redfin (RDFN) Raised to Buy at B Riley; PT $13
** Southwest Air (LUV) Raised to Outperform at Evercore ISI; PT $35
** Transocean (RIG) Raised to Buy at DNB Markets; PT $5.50
** Unity Software (U) Raised to Overweight at Morgan Stanley; PT $22
** Visa (V) Raised to Outperform at BNPP Exane; PT $325
** Wells Fargo (WFC) Raised to Buy at Deutsche Bank; PT $65
** XPeng (XPEV) ADRs Raised to Outperform at Macquarie; PT $10

Downgrades
** Boeing (BA) Cut to Underweight at Wells Fargo; PT $119
** CME Group (CME) Cut to Underperform at BofA
** JPMorgan (JPM) Cut to Hold at Deutsche Bank; PT $235
** Mastercard (MA) Cut to Neutral at BNPP Exane; PT $470
** Novartis (NOVN SW) ADRs Cut to Hold at Jefferies; PT $123.50
** Simon Property (SPG) Cut to Neutral at Piper Sandler; PT $175

Initiations
** 10X Genomics (TXG) Rated New Outperform at Leerink; PT $35
** Alto Neuroscience (ANRO) Rated New Outperform at Wedbush; PT $29
** Arcellx (ACLX) Rated New Overweight at Cantor
** Archer Aviation (ACHR) Rated New Buy at HC Wainwright; PT $12.50
** Axsome Therapeutics (AXSM) Rated New Overweight at Wells Fargo; PT $140
** Commercial Metals (CMC) Reinstated Buy at Jefferies; PT $65
** Eagle Point Income (EIC) Rated New Buy at B Riley; PT $17.50
** Eve Holding (EVEX) Rated New Buy at HC Wainwright; PT $6
** Fair Isaac (FICO) Rated New Outperform at Oppenheimer; PT $1,967
** Foghorn Therapeutics (FHTX) Rated New Buy at Jefferies; PT $18
** HA Sustainable Infrastructure (HASI) Rated New Outperform at RBC
** HashiCorp (HCP) Resumed Neutral at Citi; PT $35
** HCA Healthcare (HCA) Rated New Equal-Weight at Morgan Stanley; PT $427
** Inari Medical (NARI) Rated New Market Perform at Leerink; PT $47
** Jamf Holding (JAMF) Reinstated Neutral at Goldman; PT $21
** Joby Aviation (JOBY) Rated New Buy at HC Wainwright; PT $9
** Lantheus (LNTH) Rated New Buy at Redburn; PT $175
** MKS Instruments (MKSI) Reinstated Neutral at Goldman; PT $129
** Olin (OLN) Rated New Market Perform at BMO; PT $50
** Penumbra (PEN) Rated New Outperform at Leerink; PT $263
** Silence Therapeutics (SLN) ADRs Rated New Buy at Jefferies; PT $40
** Soho House (SHCO) Resumed Equal-Weight at Morgan Stanley; PT $5.50
** Soleno (SLNO) Rated New Buy at HC Wainwright; PT $70
4. september Euroopas

Upgrades
* Argan Raised to Buy at Jefferies; PT 90 euros
* Cofinimmo Raised to Buy at KBC Securities
* Compass Group Raised to Outperform at BNPP Exane; PT 2,735 pence
* Grenevia SA Raised to Buy at Erste Group; PT 2.92 zloty
* YouGov Raised to Hold at HSBC; PT 495 pence

Downgrades
* Airtel Africa Cut to Neutral at JPMorgan; PT 121.30 pence
* Centrica Cut to Hold at HSBC; PT 145 pence
* DS Smith Cut to Hold at Stifel; PT 480 pence
* Sanofi Cut to Add at AlphaValue/Baader
* Sodexo Cut to Neutral at BNPP Exane; PT 85 euros
* Telekom Austria Cut to Hold at Pekao Investment Banking
* Var Energi Cut to Hold at SEB Equities; PT 38 kroner

Initiations
* ABB Rated New Underweight at Barclays; PT 40 Swiss francs
* Barry Callebaut Rated New Neutral at JPMorgan
* Catena Rated New Underperform at Jefferies; PT 460 kronor
* JOST Werke SE Rated New Buy at Berenberg; PT 55 euros
* Legrand Rated New Overweight at Barclays; PT 115 euros
* Lindt & Spruengli Rated New Underweight at JPMorgan
* Paratus Energy Services Rated New Buy at SEB Equities
* Sagax Rated New Underperform at Jefferies; PT 170 kronor
* Swedish Logistic Property Rated New Hold at Jefferies
5. september Euroopas

Upgrades
* Arkema Raised to Overweight at Morgan Stanley; PT 104 euros
* Edenred Raised to Overweight at Morgan Stanley; PT 51 euros
* ID Logistics Group SACA Raised to Buy at TP ICAP Midcap
* Klepierre Raised to Neutral at JPMorgan; PT 29 euros
* Lanxess Raised to Overweight at Morgan Stanley; PT 37 euros
* RS Group Raised to Buy at Citi; PT 900 pence
* Wacker Chemie Raised to Overweight at Morgan Stanley
* Whitbread Raised to Neutral at Redburn; PT 2,750 pence

Downgrades
* Air Liquide Cut to Underweight at Morgan Stanley; PT 149 euros
* Care Property Invest NV Cut to Accumulate at KBC Securities
* Dolphin Drilling Cut to Hold at Fearnley; PT 4.40 kroner
* MOL Cut to Reduce at Erste Group; PT 2,600 forint
* Millicom GDRs Cut to Market Perform at Handelsbanken
* NIS Cut to Accumulate at Erste Group; PT RSD940
* Nordic Semiconductor Cut to Underweight at Morgan Stanley
* Novartis Cut to Neutral at Goldman; PT 103 Swiss francs
* OMV Cut to Hold at Erste Group; PT 39.70 euros
* ORLEN Cut to Hold at Erste Group; PT 67 zloty
* Pyramid AG Cut to Hold at SMC Research; PT 1.90 euros
* SSP Cut to Equal-Weight at Morgan Stanley
* Syensqo Cut to Underweight at Morgan Stanley; PT 66 euros

Initiations
* Antofagasta Rated New Neutral at Goldman; PT 2,000 pence
* Elkem Rated New Equal-Weight at Morgan Stanley
* Galderma Rated New Buy at Berenberg; PT 104.40 Swiss francs
* LISI Reinstated Neutral at BNPP Exane; PT 30 euros
* Origin Rated New Buy at Berenberg; PT 4.30 euros
* Planisware Rated New Neutral at Bryan Garnier; PT 28 euros
* Safilo Rated New Neutral at Banca Akros (ESN); PT 1.20 euros
6. september Euroopas

Upgrades

* Hammerson Raised to Hold at HSBC; PT 27 pence
* Inmobiliaria Colonial Raised to Buy at Jefferies; PT 7 euros
* Kazatomprom GDRs Raised to Overweight at JPMorgan; PT $48
* Symrise Raised to Neutral at Goldman; PT 127 euros
* Tomra Raised to Hold at Danske Bank Markets; PT 160 kroner

Downgrades
* Dalata Cut to Hold at Deutsche Bank
* EVN Cut to Accumulate at Erste Group; PT 34.40 euros
* PKO Cut to Hold at Erste Group; PT 63.80 zloty
* Romande Energie Cut to Reduce at Baader Helvea
* Samse SACA Cut to Reduce at Gilbert Dupont; PT 158 euros

Initiations
* Assa Abloy Rated New Underweight at Barclays; PT 274 kronor
* Castellum Rated New Underperform at Jefferies; PT 115 kronor
* Chesnara Rated New Buy at Berenberg; PT 328 pence
* Cibus Nordic Real Estate Rated New Hold at Jefferies
* Diploma Rated New Outperform at Davy; PT 5,000 pence
* Fabege Rated New Hold at Jefferies; PT 85 kronor
* Melrose Industries Rated New Equal-Weight at Morgan Stanley
USA ja Kanada

* Upgrades
** Amneal Pharma (AMRX) Raised to Neutral at JPMorgan; PT $9
** Coinbase (COIN) Raised to Equal-Weight at Barclays; PT $169
** Fortive (FTV) Raised to Outperform at Mizuho Securities; PT $90
** Hubbell (HUBB) Raised to Buy at Deutsche Bank; PT $441
** Intra-Cellular (ITCI) Raised to Overweight at Piper Sandler; PT $92
** NIO Inc. (NIO) ADRs Raised to Overweight at JPMorgan; PT $8
** OMA (OMAB MM) ADRs Raised to Overweight at Morgan Stanley; PT $77
** Reddit (RDDT) Raised to Buy at President Capital Management; PT $74
** Robinhood (HOOD) Raised to Equal-Weight at Barclays; PT $20
** U.S. Steel (X) Raised to Outperform at BNPP Exane; PT $40

* Downgrades
** Bloom Energy (BE) Cut to Hold at Jefferies; PT $11
** Ciena (CIEN) Cut to Neutral at BofA; PT $59
** Fortive (FTV) Cut to Peerperform at Wolfe
** Frontier (FYBR) Cut to Equal-Weight at Wells Fargo; PT $38.50
** KBR (KBR) Cut to Hold at TD Cowen
** Organon (OGN) Cut to Underweight at JPMorgan; PT $20
** Super Micro Computer (SMCI) Cut to Neutral at JPMorgan

* Initiations
** Alarm.com (ALRM) Reinstated Neutral at Goldman; PT $64
** Amicus (FOLD) Rated New Buy at Jefferies; PT $18
** Archrock (AROC) Rated New Overweight at JPMorgan; PT $24
** Bicycle Therapeutics (BCYC) ADRs Rated New Outperform at RBC; PT $35
** Booking (BKNG) Rated New Hold at Truist Secs; PT $4,100
** Burford Capital (BUR LN) Rated New Buy at Deutsche Bank; PT $18
** Chord Energy (CHRD) Rated New Hold at Jefferies; PT $160
** Dakota Gold (DC) Rated New Outperform at BMO; PT $6
** Expedia (EXPE) Rated New Hold at Truist Secs; PT $148
** Janux Therapeutics (JANX) Rated New Buy at Stifel; PT $70
** MicroStrategy (MSTR) Rated New Overweight at Barclays; PT $146
** Oklo (OKLO) Rated New Neutral at Seaport Global Securities
** OneSpan Inc (OSPN) Rated New Buy at Rosenblatt Securities Inc; PT $20
** ORIC Pharma (ORIC) Rated New Buy at Stifel; PT $20
11. september Euroopas

Upgrades
* BMW Raised to Buy at M.M. Warburg; PT 96 euros
* Bakkavor Raised to Buy at Investec; PT 180 pence
* Epiroc Raised to Neutral at JPMorgan; PT 185 kronor
* Essity Raised to Outperform at BNPP Exane; PT 360 kronor
* JDE Peet’s Raised to Neutral at BNPP Exane; PT 22 euros
* Kion Raised to Overweight at JPMorgan; PT 45 euros
* Legrand Raised to Overweight at JPMorgan; PT 115 euros
* Mandatum Raised to Buy at SEB Equities; PT 4.70 euros
* Nolato Raised to Buy at Carnegie
* Renk Group Raised to Buy at Deutsche Bank
* Rotork Raised to Overweight at JPMorgan; PT 370 pence
* Stratec Raised to Buy at Berenberg; PT 50 euros

Downgrades
* 3i Infra Cut to Hold at Stifel
* AstraZeneca Cut to Sell at Nordea; PT 10,986.39 pence
* Elis Cut to Market Perform at Bernstein; PT 21.40 euros
* L’Oreal Cut to Underperform at BNPP Exane; PT 365 euros
* Novartis Cut to Neutral at BofA
* Pluxee Cut to Neutral at JPMorgan; PT 28 euros
* Sandoz Group Cut to Hold at Berenberg
* Ubisoft Cut to Neutral at BNPP Exane; PT 14.50 euros

Initiations
* ABB Reinstated Hold at Stifel; PT 43 Swiss francs
* Exsitec Holding Rated New Buy at Nordea; PT 215 kronor
* Novamarine Rated New Buy at TP ICAP Midcap; PT 5.70 euros
* Schneider Electric Rated New Buy at Stifel; PT 254 euros
* Siemens Reinstated Buy at Stifel; PT 207 euros
USA ja Kanada

* Upgrades
** Antero Resources (AR) Raised to Outperform at Wolfe; PT $37
** Charter Communications (CHTR) Raised to Neutral at Citi; PT $350
** Evercore (EVR) Raised to Buy at Goldman; PT $276
** ONE Gas (OGS) Raised to Overweight at Wells Fargo; PT $80
** Williams-Sonoma (WSM) Raised to Buy at Jefferies; PT $156

* Downgrades
** Adicet Bio Inc (ACET) Cut to Neutral at HC Wainwright
** ANI Pharma (ANIP) Cut to Hold at Truist Secs; PT $60
** Morgan Stanley (MS) Cut to Neutral at Goldman; PT $105
** Salesforce Inc (CRM) Cut to Hold at Erste Group
** Supernus (SUPN) Cut to Neutral at Piper Sandler; PT $36

* Initiations
** Canaan (CAN) ADRs Rated New Buy at Rosenblatt Securities Inc; PT $3
** Elastic (ESTC) Rated New Buy at Guggenheim; PT $100
** First Savings Finl (FSFG) Reinstated Market Perform at Hovde Group
** Q32 Bio Inc (QTTB) Rated New Overweight at Wells Fargo; PT $95
** Up Fintech Holding (TIGR) ADRs Rated New Buy at Sealand Securities
** Viking Therapeutics (VKTX) Rated New Overweight at JPMorgan; PT $80
12. september Euroopas

Upgrades
* ABN Amro GDRs Raised to Neutral at JPMorgan; PT 15.30 euros
* Alten Raised to Outperform at BNPP Exane; PT 115 euros
* Banco BPM Raised to Neutral at JPMorgan; PT 6.40 euros
* Commerzbank Raised to Overweight at JPMorgan; PT 17.20 euros
* Derwent London Raised to Outperform at Bernstein
* Diageo Raised to Buy at BofA
* Equinor Raised to Hold at Berenberg
* HIAG Immobilien Raised to Buy at Baader Helvea
* Husqvarna Raised to Buy at Carnegie; PT 75 kronor
* Husqvarna Raised to Buy at Pareto Securities; PT 75 kronor
* Icade Raised to Outperform at Bernstein
* Land Sec. Raised to Outperform at Bernstein
* Legrand Raised to Buy at Deutsche Bank; PT 115 euros
* Prosegur Cash Raised to Buy at Alantra Equities
* Prosegur Raised to Neutral at Alantra Equities; PT 1.90 euros
* Sage Raised to Outperform at BNPP Exane; PT 1,200 pence
* TAG Immobilien Raised to Outperform at Bernstein
* TeamViewer Raised to Neutral at BNPP Exane; PT 13 euros
* Valeo Raised to Buy at BofA

Downgrades
* Air France-KLM Cut to Add at AlphaValue/Baader
* Antin Cut to Neutral at Citi; PT 14.30 euros
* Derwent London Cut to Hold at Stifel; PT 2,500 pence
* Elis Cut to Add at IDMidcaps; PT 18 euros
* Fleury Michon Cut to Reduce at Portzamparc; PT 25 euros
* Ionos Cut to Neutral at BNPP Exane; PT 27 euros
* James Fisher Cut to Hold at Canaccord; PT 375 pence
* LISI Cut to Hold at Kepler Cheuvreux; PT 30 euros
* Planisware Cut to Underperform at BNPP Exane; PT 23 euros
* Roche Bobois SAS Cut to Sell at TP ICAP Midcap; PT 39 euros
* Schaeffler Cut to Neutral at JPMorgan; PT 4.20 euros
* WDP Cut to Underperform at Bernstein

Initiations
* Distribuzione Elettrica Adriatica Rated New Buy at Banca Profilo
* GlobalData Rated New Buy at Berenberg; PT 295 pence
* Kety Reinstated Buy at Wood & Company; PT 920 zloty
* Kongsberg Automotive Reinstated Buy at ABG; PT 2 kroner
* Lime Technologies Rated New Buy at Nordea; PT 405 kronor
* RELX Rated New Buy at ING; PT 4,309.40 pence
* Safran Rated New Outperform at RBC; PT 240 euros
13. september Euroopas

Upgrades
* BASF Raised to Hold at Jefferies; PT 43 euros
* Boliden Raised to Neutral at UBS
* Demant Raised to Hold at HSBC; PT 260 kroner
* Duerr Raised to Buy at HSBC; PT 26 euros
* Duerr Raised to Buy at Kepler Cheuvreux; PT 25 euros
* Eni Raised to Neutral at BNPP Exane; PT 15 euros
* Esprinet Raised to Buy at Intesa Sanpaolo; PT 6.60 euros
* Fresenius SE Raised to Overweight at JPMorgan; PT 40.10 euros
* GN Store Nord Raised to Buy at HSBC; PT 195 kroner
* Husqvarna Raised to Buy at ABG; PT 77 kronor
* Roche Raised to Buy at BofA
* Straumann Raised to Buy at HSBC; PT 150 Swiss francs
* Xior Raised to Neutral at BNPP Exane; PT 33 euros

Downgrades
* Aedifica Cut to Underperform at BNPP Exane; PT 60 euros
* Aroundtown Cut to Underperform at BNPP Exane; PT 2.50 euros
* Chemometec Cut to Sell at Nordea
* Danone Cut to Hold at Jefferies; PT 63 euros
* Great Portland Cut to Underperform at BNPP Exane; PT 310 pence
* Henkel Cut to Hold at Jefferies; PT 88 euros
* LEG Immobilien Cut to Neutral at BNPP Exane; PT 90 euros
* Neste Cut to Hold at Carnegie; PT 16 euros
* Rentokil Cut to Hold at Stifel; PT 420 pence
* Roche Cut to Sell at Deutsche Bank; PT 235 Swiss francs
* Wartsila Cut to Reduce at HSBC; PT 15.50 euros

Initiations
* Austevoll Seafood Reinstated Buy at Arctic Securities
* Flerie Rated New Hold at Carnegie; PT 44 kronor
* PSP Swiss Rated New Overweight at Barclays; PT 135 Swiss francs
* Riber Rated New Buy at TP ICAP Midcap; PT 3 euros
* Solar Foods Rated New Sell at Inderes; PT 11 euros
* Swiss Prime Rated New Equal-Weight at Barclays
16. september Euroopas

Upgrades
* Ageas Raised to Hold at Kepler Cheuvreux; PT 50 euros
* Forterra Raised to Buy at Redburn; PT 215 pence
* Generali Raised to Buy at Jefferies; PT 28.50 euros
* Icade Raised to Buy at Citi; PT 40.50 euros
* Ipsen Raised to Outperform at RBC; PT 140 euros
* Netum Group Raised to Accumulate at Inderes; PT 3.20 euros
* Palfinger Raised to Buy at Kepler Cheuvreux; PT 27 euros
* Sabadell Raised to Buy at Alantra Equities; PT 2.30 euros
* Standard Chartered Raised to Outperform at CICC; PT 963.81 pence
* Unipol Raised to Outperform at Mediobanca SpA; PT 14 euros

Downgrades
* Dustin Cut to Hold at Carnegie; PT 10.50 kronor
* MTU Aero Cut to Sell at Citi; PT 250 euros
* Millicom GDRs Cut to Equal-Weight at Morgan Stanley
* Nestle Cut to Underweight at Morgan Stanley; PT 84 Swiss francs
* Repsol Cut to Neutral at UBS
* Sandoz Group Cut to Sector Perform at RBC; PT 40 Swiss francs
* Swiss Prime Cut to Market Perform at ZKB

Initiations
* Croda Rated New Buy at Redburn; PT 5,150 pence
* TI Fluid Rated New Buy at Investec; PT 240 pence
17. september Euroopas

Upgrades
* Auction Technology Group Raised to Overweight at JPMorgan
* Barry Callebaut Raised to Overweight at Barclays
* Eni Raised to Buy at Intesa Sanpaolo; PT 17.50 euros
* Hermes Raised to Outperform at BNPP Exane
* Julius Baer Raised to Outperform at KBW; PT 62 Swiss francs
* Lindt & Spruengli Raised to Overweight at Barclays
* Telia Raised to Outperform at BNPP Exane; PT 40 kronor

Downgrades
* Aker BP Cut to Underperform at RBC; PT 220 kroner
* Avacta Group Cut to Sell at Deutsche Bank; PT 40 pence
* Compass Group Cut to Sector Perform at RBC
* D’Ieteren Cut to Hold at Jefferies; PT 225 euros
* OHLA Cut to Hold at Intermoney Valores
* Roche Bobois SAS Cut to Reduce at IDMidcaps; PT 43 euros
* Sartorius Cut to Hold at Stifel; PT 250 euros
* Siegfried Cut to Hold at Stifel; PT 1,190 Swiss francs
* Streamwide Cut to Hold at TP ICAP Midcap; PT 30 euros
* Suedzucker Cut to Sell at M.M. Warburg; PT 9.40 euros
* Swatch Cut to Underperform at BNPP Exane
* TT Electronics Cut to Hold at Berenberg; PT 100 pence
* TT Electronics Cut to Hold at Peel Hunt; PT 120 pence
* Tele2 Cut to Hold at DNB Markets; PT 120 kronor
* UPM-Kymmene Cut to Neutral at Davy; PT 33 euros
* Worldline Cut to Market Perform at Bernstein; PT 8 euros

Initiations
* HBM Healthcare Rated New Outperform at Peel Hunt
* SUSS MicroTec Rated New Buy at Jefferies; PT 76 euros
* Shell Rated New Buy at Intesa Sanpaolo; PT 3,354 pence
* Trevi Finanziaria Industrial Rated New Buy at Alantra Equities
18. september Euroopas

Upgrades
* BMW Raised to Neutral at Citi; PT 74 euros
* Commerzbank Raised to Equal-Weight at Barclays; PT 16 euros
* Domino’s Pizza Group Raised to Neutral at Redburn
* Hammerson Raised to Buy at Citi; PT 43 pence
* InterContinental Hotels Raised to Buy at Goldman; PT 9,350 pence
* Kainos Raised to Buy at Deutsche Bank
* Lancashire Raised to Buy at Goldman; PT 750 pence
* M&C Saatchi Raised to Add at Peel Hunt; PT 210 pence
* PZU Raised to Buy at Erste Group; PT 49.30 zloty
* Rovi Raised to Outperform at BNPP Exane; PT 93 euros
* Team17 Raised to Overweight at Cantor; PT 270 pence
* Thule Raised to Hold at Nordea
* Ubisoft Raised to Outperform at BMO; PT 22 euros

Downgrades
* BNP Paribas Cut to Hold at HSBC; PT 70 euros
* Bufab Cut to Hold at SEB Equities; PT 420 kronor
* DKSH Cut to Neutral at BNPP Exane; PT 70 Swiss francs
* EQT Cut to Sell at UBS
* Hiscox Cut to Neutral at Goldman; PT 1,265 pence
* Lonza Cut to Hold at Intron Health; PT 550 Swiss francs
* Sampo Cut to Sell at Goldman; PT 40.50 euros
* Sonova Cut to Equal-Weight at Barclays; PT 310 Swiss francs
* Spectris Cut to Hold at HSBC; PT 3,050 pence
* Text SA Cut to Accumulate at Erste Group; PT 85.10 zloty
* Whitbread Cut to Neutral at Goldman; PT 3,500 pence

Initiations
* Ackermans Rated New Buy at Berenberg; PT 236 euros
* Canatu Rated New Reduce at Inderes; PT 13 euros
* Enad Global 7 Reinstated Hold at Kepler Cheuvreux; PT 14 kronor
* Hornbach Holding Rated New Add at Baader Helvea; PT 95 euros
* Maasoeval Rated New Hold at Arctic Securities; PT 35 kroner
* Marshalls Rated New Sector Perform at RBC; PT 370 pence
* Note Rated New Buy at Pareto Securities; PT 165 kronor
* SigmaRoc Rated New Outperform at Davy; PT 105 pence