Muudatused analüütikute hinnangutes

  1. jaanuar Euroopas

Upgrades

  • Adidas Raised to Outperform at Bernstein; PT 300 euros
  • Aedifica Raised to Buy at Jefferies; PT 68 euros
  • Athens Intnl Airport Raised to Outperform at BNPP Exane
  • BE Semiconductor Raised to Buy at UBS
  • Berkeley Raised to Overweight at Barclays; PT 5,322 pence
  • Boliden Raised to Neutral at UBS
  • Equinor Raised to Overweight at Morgan Stanley; PT 340 kroner
  • Grand City Properties Raised to Hold at Jefferies; PT 12 euros
  • LEG Immobilien Raised to Buy at Jefferies; PT 98 euros
  • Lufthansa Raised to Buy at Citi; PT 8.50 euros
  • Medmix Raised to Buy at Octavian; PT 13.50 Swiss francs
  • Mercialys Raised to Buy at Jefferies; PT 13 euros
  • Merlin Properties Raised to Buy at Jefferies; PT 12 euros
  • Montea Raised to Buy at Jefferies; PT 79 euros
  • Novo Raised to Market Perform at Bernstein; PT 600 kroner
  • Partners Group Raised to Buy at UBS
  • SIG Group Raised to Neutral at BNPP Exane
  • Shell Raised to Overweight at Morgan Stanley; PT 3,070 pence
  • Shurgard Raised to Hold at Jefferies; PT 37 euros
  • Sotkamo Silver Raised to Accumulate at Inderes; PT 1.40 kronor
  • Unibail Raised to Buy at Jefferies; PT 92 euros
  • VGP Raised to Buy at Jefferies; PT 91 euros
  • Vonovia Raised to Hold at Jefferies; PT 29 euros
  • WDP Raised to Hold at Jefferies; PT 20.50 euros

Downgrades

  • ADP Cut to Underperform at Grupo Santander; PT 118 euros
  • AIB Group Cut to Hold at Deutsche Bank
  • AJ Bell Cut to Sell at Citi; PT 390 pence
  • Air France-KLM Cut to Neutral at Citi; PT 9.50 euros
  • Alstom Cut to Sell at Goldman; PT 18.50 euros
  • Eni Cut to Equal-Weight at Morgan Stanley; PT 15 euros
  • Fortnox Cut to Hold at Jefferies; PT 80 kronor
  • Fraport Cut to Underperform at Grupo Santander; PT 60 euros
  • Kitron Cut to Hold at Norne Securities; PT 39 kroner
  • Mondi Cut to Neutral at BNPP Exane
  • NX Filtration Cut to Hold at Berenberg
  • Pennon Cut to Sell at Deutsche Bank
  • Raspberry PI Cut to Reduce at HSBC; PT 500 pence
  • Repsol Cut to Underweight at Morgan Stanley; PT 11.70 euros
  • Sika Cut to Underweight at Barclays; PT 215 Swiss francs
  • Taylor Wimpey Cut to Equal-Weight at Barclays; PT 142 pence
  • TotalEnergies Cut to Equal-Weight at Morgan Stanley; PT 61 euros
  • Vivendi Cut to Neutral at Oddo BHF; PT 2.50 euros

Initiations

  • BMW Rated New Hold at Intesa Sanpaolo; PT 79 euros
  • British Land Rated New Buy at Kepler Cheuvreux; PT 440 pence
  • Canal+ SA Rated New Outperform at BNPP Exane; PT 280 pence
  • Derwent London Rated New Hold at Kepler Cheuvreux
  • Ilika Rated New Corporate at Cavendish; PT 83 pence
  • JD Sports Reinstated Buy at BofA
  • Land Sec. Rated New Hold at Kepler Cheuvreux; PT 640 pence
  • LondonMetric Rated New Buy at Kepler Cheuvreux; PT 240 pence
  • Mercedes Rated New Hold at Intesa Sanpaolo; PT 68.10 euros
  • Mitie Reinstated Buy at Investec; PT 155 pence
  • Moreld Rated New Buy at Fearnley; PT 21 kroner
  • Sobi Reinstated Overweight at Barclays; PT 380 kronor
  • Tritax Big Box Rated New Buy at Kepler Cheuvreux; PT 170 pence
  • XPS Pensions Rated New Outperform at Davy; PT 420 pence
  1. jaanuar Euroopas

Upgrades

  • BCP Raised to Overweight at JPMorgan; PT 60 euro cents
  • CBrain Raised to Hold at ABG; PT 180 kroner
  • CTS Eventim Raised to Buy at Redburn; PT 96 euros
  • EQT Raised to Buy at BofA
  • EQT Raised to Buy at Deutsche Bank
  • Elis Raised to Buy at TP ICAP Midcap; PT 24 euros
  • Ferretti Raised to Outperform at BNPP Exane; PT 3.80 euros
  • INWIT Raised to Outperform at Grupo Santander; PT 12.40 euros
  • Nestle Raised to Outperform at BNPP Exane
  • Nokia Raised to Buy at Nordea; PT 5.20 euros
  • Novo Raised to Buy at UBS
  • OHLA Raised to Buy at Bestinver; PT 52 euro cents
  • Partners Group Raised to Buy at Deutsche Bank
  • Tobii Raised to Market Perform at Handelsbanken; PT 2.80 kronor
  • doValue Raised to Buy at Kepler Cheuvreux

Downgrades

  • Amundi Cut to Neutral at BofA
  • Ashmore Cut to Hold at Jefferies; PT 170 pence
  • BFF Bank Cut to Underperform at BNPP Exane; PT 8.60 euros
  • BRANICKS Group AG Cut to Underperform at Oddo BHF; PT 2.10 euros
  • Beiersdorf Cut to Neutral at BNPP Exane
  • CVC Capital Cut to Hold at Deutsche Bank
  • CVC Capital Cut to Neutral at BofA
  • Cofinimmo Cut to Underperform at Oddo BHF; PT 56 euros
  • Danone Cut to Underperform at Jefferies; PT 56 euros
  • Datalogic Cut to Neutral at BNPP Exane; PT 5.60 euros
  • Do & Co Cut to Accumulate at Erste Group; PT 214.50 euros
  • InterContinental Hotels Cut to Underweight at Morgan Stanley
  • Lar Espana RE Socimi Cut to Neutral at Oddo BHF; PT 8.30 euros
  • Matas Cut to Hold at Nordea
  • NN Group Cut to Underweight at Morgan Stanley; PT 44 euros
  • NOS Cut to Reduce at Kepler Cheuvreux
  • Nestle Cut to Underperform at Jefferies; PT 67 Swiss francs
  • Patrizia Cut to Underperform at Oddo BHF; PT 7.50 euros
  • Ringkjoebing Landbobank Cut to Hold at Nordea
  • Sequoia Economic Cut to Hold at Stifel
  • Siemens Energy Cut to Hold at Kepler Cheuvreux
  • Sydbank Cut to Hold at Nordea
  • What’s Cooking BV Cut to Accumulate at KBC Securities
  • Zurich Ins. Cut to Underweight at Morgan Stanley

Initiations

  • Atlas Copco Rated New Equal-Weight at Oxcap; PT 178 kronor
  • RELX Reinstated Buy at Redburn; PT 4,500 pence
  • SF Urban Properties AG Rated New Add at Baader Helvea
  • Tate & Lyle Resumed Neutral at Citi; PT 725 pence
  1. jaanuar Euroopas

Upgrades

  • Admicom Raised to Buy at Nordea; PT 53 euros
  • Amadeus Raised to Buy at HSBC; PT 82 euros
  • Ambu Raised to Buy at Carnegie; PT 136 kroner
  • Atlas Copco Raised to Buy at Carnegie; PT 200 kronor
  • Beiersdorf Raised to Outperform at Bernstein
  • DSM-Firmenich Raised to Buy at Stifel; PT 122 euros
  • Danone Raised to Market Perform at Bernstein
  • Delivery Hero Raised to Overweight at Morgan Stanley
  • Dunelm Raised to Buy at HSBC; PT 1,275 pence
  • Grenke Raised to Buy at Hauck & Aufhaeuser; PT 21 euros
  • Hypoport Raised to Buy at Hauck & Aufhaeuser; PT 222 euros
  • Immofinanz Raised to Buy at Kepler Cheuvreux
  • Melexis Raised to Buy at Jefferies; PT 70 euros
  • Orkla Raised to Outperform at Bernstein
  • Partners Group Raised to Overweight at Barclays
  • Pirelli Raised to Outperform at BNPP Exane
  • Repsol Raised to Buy at UBS
  • SIG Raised to Buy at Peel Hunt; PT 24 pence
  • Saipem Raised to Add at AlphaValue/Baader
  • Shell Raised to Buy at UBS
  • UBS Raised to Buy at Kepler Cheuvreux
  • UPM-Kymmene Raised to Outperform at Davy
  • Unilever Raised to Outperform at Bernstein
  • Vitrolife Raised to Market Perform at Handelsbanken
  • Volvo Raised to Overweight at Morgan Stanley; PT 323 kronor
  • Xior Raised to Buy at Kepler Cheuvreux

Downgrades

  • Avanza Cut to Reduce at Kepler Cheuvreux
  • CVC Capital Cut to Equal-Weight at Barclays; PT 22 euros
  • Eni Cut to Neutral at UBS; PT 14 euros
  • Evolution Cut to Neutral at Goldman; PT 1,000 kronor
  • Experian Cut to Underperform at Bernstein
  • Haleon Cut to Market Perform at Bernstein
  • Hays Cut to Underweight at Morgan Stanley; PT 70 pence
  • ISS Cut to Underweight at Morgan Stanley; PT 127 kroner
  • Just Group Cut to Add at Peel Hunt; PT 170 pence
  • L’Oreal Cut to Market Perform at Bernstein
  • Lindt & Spruengli Cut to Underperform at Bernstein
  • Porsche SE Cut to Underperform at BNPP Exane; PT 31 euros
  • Retail Estates Cut to Hold at Kepler Cheuvreux
  • SUSS MicroTec Cut to Hold at Jefferies; PT 48 euros
  • Swatch Cut to Underperform at RBC; PT 140 Swiss francs
  • TFF Group Cut to Add at Gilbert Dupont; PT 31.30 euros
  • Trustpilot Cut to Hold at Danske Bank Markets; PT 310 pence
  • VAT Cut to Hold at Jefferies; PT 350 Swiss francs
  • Wise Cut to Hold at HSBC; PT 1,150 pence

Initiations

  • Admiral Reinstated Underperform at Mediobanca SpA
  • Aviva Reinstated Neutral at Mediobanca SpA; PT 541 pence
  • Barratt Redrow PLC Reinstated Buy at BofA
  • Bellway Reinstated Neutral at BofA
  • Berkeley Reinstated Underperform at BofA
  • Legal & General Reinstated Outperform at Mediobanca SpA
  • M&G Reinstated Neutral at Mediobanca SpA; PT 220.19 pence
  • Phoenix Group Rated New Underperform at Mediobanca SpA
  • RHI Magnesita Rated New Buy at Investec; PT 3,900 pence
  • Vistry Group Reinstated Underperform at BofA
  1. jaanuar Euroopas

Upgrades

  • AMS-Osram Raised to Hold at Kepler Cheuvreux
  • Aedifica Raised to Buy at Bank Degroof Petercam
  • Alcon AG Raised to Buy at Redburn; PT 93 Swiss francs
  • Amadeus Raised to Buy at UBS
  • Antofagasta Raised to Equal-Weight at Morgan Stanley
  • Atlas Copco Raised to Outperform at Handelsbanken; PT 260 kronor
  • DSM-Firmenich Raised to Outperform at BNPP Exane; PT 128 euros
  • Deutsche Telekom Raised to Buy at UBS; PT 33 euros
  • FLSmidth Raised to Neutral at Goldman; PT 375 kroner
  • Hannover Re Raised to Outperform at BNPP Exane; PT 285 euros
  • IPC Raised to Buy at Fearnley; PT 168 kronor
  • Legrand Raised to Buy at Kepler Cheuvreux
  • Persimmon Raised to Buy at UBS
  • Reckitt Raised to Overweight at Morgan Stanley; PT 5,500 pence
  • Vinci Raised to Outperform at BNPP Exane; PT 121 euros
  • WDP Raised to Buy at Bank Degroof Petercam
  • Warehouse Raised to Buy at Shore Capital
  • Xior Raised to Buy at Bank Degroof Petercam

Downgrades

  • Aena Cut to Neutral at Citi; PT 210 euros
  • Croda Cut to Equal-Weight at Morgan Stanley; PT 3,700 pence
  • Direct Line Cut to Hold at Deutsche Bank; PT 275 pence
  • E.On Cut to Neutral at BofA
  • EDP SA Cut to Equal-Weight at Barclays; PT 3.60 euros
  • Enagas Cut to Underperform at BofA
  • Haleon Cut to Equal-Weight at Morgan Stanley; PT 410 pence
  • InterContinental Hotels Cut to Market Perform at Bernstein
  • Montea Cut to Hold at Bank Degroof Petercam
  • Scor Cut to Neutral at BNPP Exane; PT 26 euros
  • Serco Cut to Hold at Jefferies; PT 175 pence
  • Sodexo Cut to Market Perform at Bernstein
  • Tele2 Cut to Sell at UBS
  • Wacker Chemie Cut to Hold at Stifel; PT 77 euros

Initiations

  • Liontrust Rated New Underperform at RBC; PT 390 pence
  • Polar Capital Rated New Outperform at RBC; PT 600 pence
  • SIG Group Rated New Overweight at Morgan Stanley
  • Semperit Rated New Buy at M.M. Warburg; PT 17.50 euros
  1. jaanuar Euroopas

Upgrades

  • Ambu Raised to Hold at ABG; PT 125 kroner
  • BBVA Raised to Buy at BofA
  • Bank of Ireland Raised to Outperform at BNPP Exane
  • Bunzl Raised to Buy at Citi; PT 3,700 pence
  • Embracer Raised to Buy at Handelsbanken
  • Eurazeo Raised to Buy at Goldman; PT 91 euros
  • FUCHS SE Raised to Buy at M.M. Warburg; PT 50 euros
  • Granges Raised to Buy at ABG; PT 160 kronor
  • ING Raised to Market Perform at Bernstein
  • Inficon Raised to Buy at Jefferies; PT 1,350 Swiss francs
  • J. Martins Raised to Buy at Bryan Garnier; PT 21 euros
  • Kreate Raised to Accumulate at Inderes; PT 8 euros
  • Lloyds Raised to Market Perform at Bernstein
  • Nel Raised to Hold at Jefferies; PT 3 kroner
  • PVA TePla Raised to Buy at Jefferies; PT 19 euros
  • Public Power Raised to Buy at Goldman; PT 15.50 euros
  • Richemont Raised to Buy at TD Cowen; PT 163 Swiss francs
  • SMA Solar Raised to Buy at Jefferies; PT 20 euros
  • Yara Raised to Buy at SpareBank; PT 370 kroner

Downgrades

  • AIB Group Cut to Neutral at BNPP Exane
  • Aixtron Cut to Hold at Hauck & Aufhaeuser; PT 13.80 euros
  • Aluflexpack Cut to Hold at Berenberg; PT 15.95 Swiss francs
  • BE Semiconductor Cut to Hold at Needham
  • Bankinter Cut to Underperform at Autonomous
  • Capricorn Energy Cut to Sell at Stifel; PT 240 pence
  • Corem Property Cut to Hold at Nordea
  • DWS Cut to Neutral at Goldman; PT 45 euros
  • Esker Cut to Tender at Gilbert Dupont; PT 262 euros
  • HSBC Cut to Underperform at Autonomous
  • Husqvarna Cut to Hold at Jefferies; PT 65 kronor
  • Monte Paschi Cut to Neutral at Autonomous
  • SGL Cut to Hold at Jefferies; PT 4.40 euros
  • STMicro Cut to Hold at TD Cowen; PT 24.50 euros
  • Verbio SE Cut to Hold at Jefferies; PT 11 euros
  • Wise Cut to Neutral at New Street Research
  • flatexDEGIRO Cut to Hold at Jefferies; PT 17 euros

Initiations

  • Erste Rated New Overweight at Morgan Stanley; PT 72 euros
  • Science Group Rated New Buy at Canaccord; PT 758 pence
  1. jaanuar Euroopas

Upgrades

  • A2A Raised to Buy at Equita; PT 2.70 euros
  • Aixtron Raised to Buy at Van Lanschot Kempen; PT 21 euros
  • Amplifon Raised to Outperform at Mediobanca SpA; PT 31 euros
  • Autoliv GDRs Raised to Buy at ABG; PT 1,200 kronor
  • Campari Raised to Outperform at Mediobanca SpA; PT 7.30 euros
  • Carmila Raised to Buy at Van Lanschot Kempen; PT 18.50 euros
  • Carmila Raised to Neutral at BofA
  • Elisa Raised to Buy at ABG; PT 50 euros
  • Entra Raised to Buy at Van Lanschot Kempen; PT 135 kroner
  • Epiroc Raised to Buy at ABG; PT 220 kronor
  • Epiroc Raised to Buy at Pareto Securities; PT 235 kronor
  • Eurocommercial Raised to Buy at BofA
  • Fabege Raised to Hold at Nordea
  • Fabege Raised to Neutral at Van Lanschot Kempen; PT 85 kronor
  • Fila Raised to Outperform at Mediobanca SpA; PT 12.70 euros
  • GVS Raised to Outperform at Mediobanca SpA; PT 6.20 euros
  • Hammerson Raised to Add at Peel Hunt; PT 300 pence
  • Informa Raised to Overweight at Morgan Stanley; PT 1,000 pence
  • Inmobiliaria Colonial Raised to Buy at BofA
  • IntegraFin Raised to Buy at Peel Hunt; PT 400 pence
  • IntegraFin Raised to Buy at Shore Capital; PT 365 pence
  • Intrum Raised to Hold at Kepler Cheuvreux
  • Kerry Group Raised to Buy at Jefferies; PT 93 euros
  • Merlin Properties Raised to Buy at Van Lanschot Kempen
  • Mycronic Raised to Market Perform at Handelsbanken
  • NextEnergy Solar Raised to Hold at Stifel
  • Pirelli Raised to Buy at Goldman; PT 7.10 euros
  • Pirelli Raised to Outperform at Mediobanca SpA; PT 6.40 euros
  • Pop. Sondrio Raised to Neutral at Mediobanca SpA; PT 8.20 euros
  • Primary Health Raised to Neutral at Van Lanschot Kempen
  • Sabaf Raised to Outperform at Mediobanca SpA; PT 19.50 euros
  • Safran Raised to Buy at Jefferies; PT 260 euros
  • Shaftesbury Capital Raised to Neutral at BofA; PT 135 pence
  • Sinch Raised to Equal-Weight at Morgan Stanley; PT 20.50 kronor
  • Technoprobe Raised to Buy at Equita; PT 7.50 euros
  • Technoprobe Raised to Outperform at Mediobanca SpA; PT 8 euros
  • Tenaris Raised to Outperform at Mediobanca SpA; PT 22.50 euros
  • Tritax Big Box Raised to Add at Peel Hunt; PT 155 pence
  • Workspace Raised to Buy at Peel Hunt; PT 600 pence
  • Worldline Raised to Equal-Weight at Morgan Stanley; PT 8 euros

Downgrades

  • AT&S Cut to Hold at Deutsche Bank; PT 12 euros
  • Ambu Cut to Underperform at Handelsbanken; PT 155 kroner
  • Assura Cut to Sell at Van Lanschot Kempen; PT 32 pence
  • BE Semiconductor Cut to Hold at Stifel; PT 140 euros
  • Brembo Cut to Neutral at Mediobanca SpA; PT 12.60 euros
  • Buzzi SpA Cut to Neutral at Mediobanca SpA; PT 42.80 euros
  • CA Immo Cut to Sell at Van Lanschot Kempen; PT 21.50 euros
  • CLS Holdings Cut to Hold at Peel Hunt; PT 85 pence
  • Cairo Comm Cut to Underperform at Mediobanca SpA; PT 2.20 euros
  • Campari Cut to Neutral at BofA
  • Cofinimmo Cut to Neutral at Van Lanschot Kempen; PT 54 euros
  • CompuGroup Cut to Equal-Weight at Morgan Stanley; PT 22 euros
  • Danieli Cut to Neutral at Mediobanca SpA; PT 34.30 euros
  • Eni Cut to Neutral at Mediobanca SpA; PT 15.50 euros
  • Geox Cut to Underperform at Mediobanca SpA; PT 45 euro cents
  • Grand City Properties Cut to Underperform at BofA
  • Icade Cut to Neutral at Van Lanschot Kempen; PT 21 euros
  • Interpump Cut to Neutral at Mediobanca SpA; PT 49.40 euros
  • LEG Immobilien Cut to Sell at Van Lanschot Kempen
  • Land Sec. Cut to Neutral at Van Lanschot Kempen; PT 580 pence
  • MFE Cut to Underperform at Mediobanca SpA; PT 3.70 euros
  • Mercedes Cut to Neutral at Goldman; PT 59 euros
  • Moncler Cut to Equal-Weight at Barclays; PT 56 euros
  • NCAB Group Cut to Hold at Pareto Securities; PT 69 kronor
  • Netcompany Cut to Hold at ABG; PT 360 kroner
  • Nexi Cut to Neutral at Mediobanca SpA; PT 7.50 euros
  • Nexi Cut to Underweight at Morgan Stanley; PT 4.75 euros
  • Piaggio Cut to Neutral at Mediobanca SpA; PT 2.80 euros
  • Porsche SE Cut to Sell at Goldman; PT 35 euros
  • Remy Cointreau Cut to Underperform at BofA
  • Retail Estates Cut to Neutral at Van Lanschot Kempen
  • Rizzoli Corriere Cut to Underperform at Mediobanca SpA
  • Soitec Cut to Neutral at Van Lanschot Kempen; PT 100 euros
  • Swedbank Cut to Hold at Arctic Securities; PT 250 kronor
  • Swedish Logistic Property Cut to Neutral at Van Lanschot Kempen
  • Technip Energies Cut to Equal-Weight at Morgan Stanley
  • Town Centre Securities Cut to Add at Peel Hunt; PT 140 pence
  • Trustpilot Cut to Equal-Weight at Morgan Stanley; PT 305 pence
  • Unicaja Cut to Underperform at BNPP Exane
  • Unite Group Cut to Neutral at BofA; PT 950 pence
  • Wise Cut to Equal-Weight at Morgan Stanley; PT 1,185 pence

Initiations

  • Vitrolife Reinstated Buy at ABG; PT 278 kronor
  • Zabka Rated New Hold at HSBC; PT 23 zloty
  1. jaanuar Euroopas

Upgrades

  • Adesso SE Raised to Buy at Hauck & Aufhaeuser; PT 103 euros
  • BAE Raised to Neutral at BNPP Exane; PT 1,286 pence
  • Balder Raised to Buy at Nordea; PT 85 kronor
  • Balder Raised to Buy at SEB Equities; PT 83 kronor
  • DNB Bank Raised to Buy at Arctic Securities; PT 260 kroner
  • Ferrovial Raised to Overweight at JPMorgan; PT 49 euros
  • Fuller Smith & Turner Raised to Buy at Panmure Liberum
  • Indutrade Raised to Buy at ABG; PT 325 kronor
  • Iren Raised to Buy at Kepler Cheuvreux
  • Just Eat Takeaway Raised to Buy at Bryan Garnier; PT 17 euros
  • LVMH Raised to Buy at BofA
  • Leonardo Raised to Overweight at Morgan Stanley; PT 35 euros
  • Lindt & Spruengli Raised to Buy at CIC; PT 120,000 Swiss francs
  • NIOX GROUP PLC Raised to Buy at Panmure Liberum; PT 69 pence
  • Orange Polska Raised to Buy at Erste Group; PT 9 zloty
  • Orsted Raised to Neutral at Grupo Santander; PT 360 kroner
  • Randstad Raised to Buy at BofA
  • Rapala VMC Raised to Accumulate at Inderes; PT 2.20 euros
  • Sagax Raised to Buy at SEB Equities; PT 270 kronor
  • TAG Immobilien Raised to Neutral at BNPP Exane
  • Thales Raised to Outperform at BNPP Exane; PT 176 euros
  • Witted Megacorp Raised to Buy at Inderes; PT 2 euros
  • Zalando Raised to Buy at UBS

Downgrades

  • AB Foods Cut to Sell at Citi; PT 1,770 pence
  • About You Cut to Neutral at UBS
  • BlueNord Cut to Hold at DNB Markets; PT 680 kroner
  • Delivery Hero Cut to Neutral at Bryan Garnier; PT 36 euros
  • EasyJet Cut to Neutral at Davy; PT 580 pence
  • ISS Cut to Underperform at BofA
  • JD Sports Cut to Neutral at UBS
  • Klepierre Cut to Neutral at BNPP Exane
  • Nokia Cut to Sell at Goldman; PT 3.50 euros
  • Prosus Cut to Hold at Kepler Cheuvreux
  • Safran Cut to Equal-Weight at Morgan Stanley; PT 243 euros
  • Saint-Gobain Cut to Neutral at UBS
  • Sodexo Cut to Underperform at BNPP Exane
  • TFF Group Cut to Reduce at IDMidcaps; PT 25 euros
  • Var Energi Cut to Hold at DNB Markets; PT 39 kroner
  • Victorian Plumbing Group Cut to Hold at Panmure Liberum
  • Vonovia Cut to Neutral at BNPP Exane

Initiations

  • Apotea Sverige Rated New Buy at SEB Equities; PT 83 kronor
  • Bankinter Rated New Outperform at RBC; PT 9.75 euros
  • Beazley Reinstated Outperform at Autonomous; PT 1,000 pence
  • Brunello Cucinelli Rated New Buy at Banca Akros (ESN)
  • CaixaBank Rated New Sector Perform at RBC; PT 5.65 euros
  • Eurocommercial Rated New Accumulate at KBC Securities
  • Ferragamo Rated New Neutral at Banca Akros (ESN); PT 6.50 euros
  • Hannover Re Reinstated Neutral at Autonomous; PT 265 euros
  • Hiscox Reinstated Neutral at Autonomous; PT 1,115 pence
  • Intercos Rated New Buy at Kepler Cheuvreux; PT 17.50 euros
  • Lancashire Reinstated Outperform at Autonomous; PT 840 pence
  • Moncler Rated New Accumulate at Banca Akros (ESN); PT 55 euros
  • Munich Re Reinstated Neutral at Autonomous; PT 520 euros
  • Pluxee Rated New Hold at Stifel; PT 25 euros
  • Prisma Properties Rated New Hold at Pareto Securities
  • Scor Reinstated Neutral at Autonomous; PT 27.50 euros
  • Swiss Re Reinstated Outperform at Autonomous
  1. jaanuar Euroopas

Upgrades

  • Almirall Raised to Buy at CaixaBank BPI; PT 10.30 euros
  • Altri Raised to Buy at CaixaBank BPI; PT 6.80 euros
  • Antofagasta Raised to Hold at Peel Hunt; PT 1,735 pence
  • Bakkafrost Raised to Buy at Fearnley; PT 730 kroner
  • Beijer REF Raised to Buy at DNB Markets; PT 182 kronor
  • Big Yellow Group Raised to Buy at Jefferies; PT 1,224 pence
  • British Land Raised to Hold at Jefferies; PT 310 pence
  • CFE Raised to Outperform at Oddo BHF; PT 8 euros
  • Deutsche Konsum REIT-AG Raised to Buy at M.M. Warburg
  • Electrolux Professional Raised to Buy at Kepler Cheuvreux
  • Elisa Raised to Buy at HSBC; PT 50 euros
  • FCC Raised to Buy at CaixaBank BPI; PT 12.50 euros
  • Fagron Raised to Buy at ING; PT 22 euros
  • Fagron Raised to Buy at Kepler Cheuvreux; PT 20.75 euros
  • Getinge Raised to Buy at Pareto Securities; PT 220 kronor
  • Grodno Raised to Buy at Dom Maklerski BOSSA; PT 12.40 zloty
  • LDA SM Raised to Buy at CaixaBank BPI; PT 1.25 euros
  • Melexis Raised to Buy at KBC Securities; PT 85 euros
  • NOS Raised to Buy at CaixaBank BPI; PT 3.70 euros
  • National Grid Raised to Buy at Citi; PT 1,063 pence
  • Pets at Home Raised to Buy at Peel Hunt; PT 325 pence
  • SSE Raised to Neutral at Citi; PT 1,712 pence
  • Sabadell Raised to Buy at CaixaBank BPI; PT 2.30 euros
  • Spirax Raised to Buy at Jefferies; PT 7,850 pence
  • Tecnicas Reunidas Raised to Buy at CaixaBank BPI; PT 17.20 euros
  • Telenor Raised to Buy at HSBC; PT 155 kroner

Downgrades

  • Argenx Cut to Sell at Deutsche Bank; PT 575 euros
  • Fortum Cut to Sell at Deutsche Bank; PT 12 euros
  • Grainger Cut to Hold at Peel Hunt; PT 220 pence
  • Grieg Seafood Cut to Hold at Fearnley; PT 66 kroner
  • Hafnia Cut to Hold at Arctic Securities; PT 63 kroner
  • Handelsbanken Cut to Hold at Kepler Cheuvreux; PT 127 kronor
  • Judges Scientific Cut to Hold at Jefferies; PT 8,500 pence
  • Logista Cut to Neutral at CaixaBank BPI; PT 30.70 euros
  • Maersk Cut to Hold at Jefferies; PT 11,500 kroner
  • Mapfre Cut to Underperform at CaixaBank BPI; PT 2.50 euros
  • Midwich Cut to Hold at Panmure Liberum; PT 300 pence
  • Munich Re Cut to Neutral at Mediobanca SpA; PT 560 euros
  • NOS Cut to Reduce at HSBC; PT 3 euros
  • Naturgy Cut to Underperform at CaixaBank BPI; PT 23.50 euros
  • New Wave Cut to Hold at Kepler Cheuvreux; PT 105 kronor
  • Odfjell Cut to Hold at Arctic Securities; PT 130 kroner
  • Prosegur Cut to Underperform at CaixaBank BPI; PT 1.75 euros
  • Redeia Cut to Sell at Deutsche Bank; PT 15 euros
  • Riber Cut to Reduce at Gilbert Dupont; PT 2.90 euros
  • SEB Cut to Hold at DNB Markets; PT 176 kronor
  • Sampo Cut to Neutral at Mediobanca SpA; PT 45 euros
  • Smiths Cut to Hold at Jefferies; PT 1,930 pence
  • Sparebanken Vest Cut to Hold at Nordea
  • Torm Cut to Hold at Arctic Securities; PT 151.94 kroner
  • XP Power Cut to Hold at Jefferies; PT 1,440 pence

Initiations

  • Bango Rated New Buy at Canaccord; PT 244 pence
  • Endur ASA Rated New Buy at Danske Bank Markets; PT 100 kroner
  • Puig Rated New Buy at JB Capital Markets; PT 23.10 euros
  • Schneider Electric Rated New Outperform at Haitong Intl
  • Troendelag Rated New Hold at Norne Securities; PT 114 kroner
  1. jaanuar Euroopas

Upgrades

  • Industrivarden Raised to Outperform at Handelsbanken
  • Legrand Raised to Buy at Redburn; PT 125 euros
  • Lundbergforetagen Raised to Outperform at Handelsbanken
  • Mission Group Raised to Buy at Canaccord; PT 62 pence
  • Next Raised to Overweight at Morgan Stanley; PT 10,800 pence
  • Pluxee Raised to Buy at Berenberg; PT 30 euros
  • Rio Tinto Raised to Hold at SBG Securities; PT 5,500 pence
  • SSAB Raised to Hold at Nordea
  • Swedbank Raised to Buy at HSBC; PT 285 kronor
  • TUI Raised to Add at Peel Hunt; PT 8.50 euros
  • Telekom Austria Raised to Accumulate at Erste Group

Downgrades

  • AB Foods Cut to Underweight at Morgan Stanley; PT 1,900 pence
  • Anglo American Cut to Hold at SBG Securities; PT 2,800 pence
  • Ascom Cut to Market Perform at ZKB
  • Dino Polska Cut to Underweight at Morgan Stanley; PT 368 zloty
  • Fagerhult Group AB Cut to Hold at SEB Equities; PT 60 kronor
  • Loungers Cut to Hold at Berenberg; PT 325 pence
  • Netcompany Cut to Hold at SEB Equities; PT 365 kroner
  • Norsk Hydro Cut to Sector Perform at RBC; PT 76 kroner
  • Norske Skog Cut to Hold at DNB Markets; PT 22 kroner
  • Pearson Cut to Equal-Weight at Morgan Stanley; PT 1,300 pence
  • QT Group Cut to Hold at SEB Equities; PT 84 euros
  • Rightmove Cut to Underperform at Jefferies; PT 495 pence
  • SEB Cut to Hold at HSBC; PT 175 kronor
  • Sainsbury Cut to Underweight at Morgan Stanley; PT 276 pence

Initiations

  • BT Rated New Underperform at Oddo BHF; PT 118 pence
  • Intea Fastigheter Rated New Buy at ABG; PT 50 kronor
  • Stendorren Fastigheter Rated New Buy at Arctic Securities
  1. jaanuar Euroopas

Upgrades

  • AAK Raised to Buy at ABG; PT 360 kronor
  • Avanza Raised to Buy at Danske Bank Markets; PT 355 kronor
  • Aviva Raised to Overweight at JPMorgan; PT 615 pence
  • BMW Raised to Buy at Berenberg
  • Bachem Raised to Equal-Weight at Barclays; PT 65 Swiss francs
  • Big Yellow Group Raised to Buy at Berenberg
  • Cargotec Raised to Buy at SEB Equities; PT 57 euros
  • Coloplast Raised to Buy at HSBC; PT 920 kroner
  • Corticeira Amorim Raised to Buy at JB Capital Markets
  • Elisa Raised to Buy at Kepler Cheuvreux
  • H+H Raised to Buy at Danske Bank Markets; PT 85 kroner
  • Halma Raised to Buy at Berenberg; PT 3,250 pence
  • Hannover Re Raised to Buy at HSBC; PT 280 euros
  • JM Raised to Hold at SEB Equities; PT 173 kronor
  • LDA SM Raised to Neutral at JB Capital Markets; PT 1.10 euros
  • Millicom GDRs Raised to Buy at HSBC; PT 380 kronor
  • Munich Re Raised to Buy at HSBC; PT 560 euros
  • Suedzucker Raised to Hold at M.M. Warburg; PT 10.40 euros
  • Vestas Raised to Buy at Jefferies; PT 135 kroner
  • Virbac Raised to Buy at IDMidcaps; PT 410 euros

Downgrades

  • Amedeo Air Four Plus Cut to Hold at Jefferies
  • Carrefour Cut to Underperform at BNPP Exane; PT 11 euros
  • DFDS Cut to Sell at Nordea; PT 108 kroner
  • Flow Traders Cut to Neutral at Oddo BHF; PT 25 euros
  • Hochschild Mining Cut to Sector Perform at RBC; PT 260 pence
  • JD Sports Cut to Neutral at Citi; PT 95 pence
  • Mercedes Cut to Hold at Berenberg
  • Porsche SE Cut to Hold at Berenberg
  • STMicro Cut to Underweight at Barclays; PT 20 euros
  • Schaeffler Cut to Hold at Deutsche Bank; PT 4.50 euros
  • Swiss Re Cut to Hold at HSBC; PT 140 Swiss francs

Initiations

  • Alfa Financial Rated New Buy at Shore Capital; PT 270 pence
  • Bilia Reinstated Buy at Pareto Securities; PT 150 kronor
  • Dassault Systemes Rated New Outperform at Grupo Santander
  • Geberit Rated New Underweight at JPMorgan; PT 450 Swiss francs
  • Kaufman & Broad Rated New Buy at Kepler Cheuvreux
  • Lindab Rated New Hold at SEB Equities; PT 200 kronor
  • Nexity Reinstated Hold at Kepler Cheuvreux; PT 12.90 euros
  • PolyPeptide Group Rated New Overweight at Barclays
  • Sunrise Communications Rated New Buy at Redburn
  • Transense Technologies Rated New Corporate at Cavendish
  1. jaanuar Euroopas

Upgrades

  • Air Liquide Raised to Buy at Redburn; PT 204 euros
  • Balder Raised to Buy at Kepler Cheuvreux
  • Bankinter Raised to Buy at CaixaBank BPI; PT 9.60 euros
  • Carl Zeiss Meditec Raised to Buy at HSBC; PT 54 euros
  • Corem Property Raised to Hold at Kepler Cheuvreux
  • Entra Raised to Buy at Kepler Cheuvreux
  • Galp Raised to Buy at JB Capital Markets; PT 21.50 euros
  • Greggs Raised to Buy at HSBC; PT 2,500 pence
  • IAG Raised to Buy at Stifel; PT 421.23 pence
  • Intertek Raised to Overweight at Barclays
  • Tomra Raised to Overweight at Barclays; PT 190 kroner
  • WPP Raised to Buy at Kepler Cheuvreux

Downgrades

  • Air France-KLM Cut to Neutral at Stifel; PT 8 euros
  • Anglo American Cut to Neutral at Citi; PT 2,800 pence
  • Dino Polska Cut to Equal-Weight at Barclays; PT 445 zloty
  • Eurofins Scientific Cut to Equal-Weight at Barclays
  • Hexagon Purus Cut to Sell at SpareBank; PT 2.50 kroner
  • Imerys Cut to Hold at Berenberg; PT 32 euros
  • Mandatum Cut to Accumulate at OP Corporate Bank; PT 4.90 euros
  • Puma Cut to Hold at DZ Bank; PT 35 euros
  • Ryanair Cut to Hold at Stifel; PT 20 euros
  • SES GDRs Cut to Equal-Weight at Barclays; PT 3.05 euros
  • Sanoma Cut to Hold at Nordea
  • Swedbank Cut to Hold at DNB Markets; PT 265 kronor
  • SyntheticMR Cut to Hold at Pareto Securities; PT 5.30 kronor

Initiations

  • AUTO1 Rated New Hold at Berenberg; PT 19 euros
  • Bloomsbury Reinstated Buy at Peel Hunt; PT 815 pence
  • Bonava Reinstated Hold at Nordea
  1. jaanuar Euroopas

Upgrades

  • ASML Raised to Buy at DZ Bank; PT 750 euros
  • Aena Raised to Overweight at Barclays; PT 228 euros
  • Almawave Raised to Buy at Banca Akros (ESN); PT 4 euros
  • Ceres Power Raised to Buy at Goldman; PT 220 pence
  • Gecina Raised to Buy at HSBC; PT 107 euros
  • Henkel Raised to Buy at M.M. Warburg; PT 105 euros
  • LEG Immobilien Raised to Buy at HSBC; PT 92 euros
  • Lindt & Spruengli Raised to Buy at Redburn
  • Logitech Raised to Buy at Kepler Cheuvreux
  • Netcompany Raised to Buy at SEB Equities; PT 350 kroner
  • QleanAir Raised to Buy at Pareto Securities; PT 25 kronor
  • Rotork Raised to Buy at Deutsche Bank; PT 405 pence
  • SSAB Raised to Buy at DNB Markets; PT 65 kronor
  • SSAB Raised to Buy at Danske Bank Markets; PT 62 kronor
  • Sartorius Stedim Raised to Hold at Intron Health; PT 230 euros
  • Strix Raised to Buy at Shore Capital
  • TAG Immobilien Raised to Buy at HSBC; PT 16.50 euros
  • Verkkokauppa Raised to Accumulate at Inderes; PT 1.90 euros
  • Volvo Raised to Buy at Danske Bank Markets; PT 350 kronor

Downgrades

  • Adriatic Metals Cut to Hold at Berenberg; PT 180 pence
  • Alliance Pharma Cut to Hold at Berenberg
  • Avolta AG Cut to Hold at HSBC; PT 43 Swiss francs
  • Enav Cut to Hold at Equita; PT 3.70 euros
  • Generali Cut to Neutral at Banca Akros (ESN); PT 29 euros
  • Icade Cut to Hold at HSBC; PT 25 euros
  • Leonardo Cut to Accumulate at Banca Akros (ESN); PT 32 euros
  • Multiconsult Cut to Hold at ABG; PT 215 kroner
  • Norconsult Norge Cut to Hold at ABG; PT 46 kroner
  • Richemont Cut to Hold at Bank Vontobel; PT 185 Swiss francs
  • Text SA Cut to Hold at Wood & Company; PT 67 zloty
  • Thyssenkrupp Nucera Cut to Sell at Goldman; PT 8.70 euros
  • Unibail Cut to Hold at HSBC; PT 85 euros

Initiation

  • Havas NV Rated New Neutral at JPMorgan; PT 1.90 euros
  1. jaanuar Euroopas

Upgrades

  • ALK-Abello Raised to Buy at Jefferies; PT 185 kroner
  • BBVA Raised to Buy at HSBC; PT 13 euros
  • Deutsche Telekom Raised to Buy at Intesa Sanpaolo; PT 38 euros
  • Fevertree Drinks Raised to Neutral at Goldman; PT 850 pence
  • Graines Voltz Raised to Add at Gilbert Dupont; PT 22.40 euros
  • Logitech Raised to Hold at Deutsche Bank; PT 80 Swiss francs
  • Next Raised to Buy at UBS
  • Nokia Raised to Buy at ABG; PT 5.20 euros
  • Nokia Raised to Reduce at Inderes; PT 4.20 euros
  • Pennon Raised to Hold at Deutsche Bank; PT 570 pence
  • RVRC Holding Raised to Buy at SEB Equities; PT 60 kronor
  • Samse SACA Raised to Add at Gilbert Dupont; PT 160 euros
  • Sanofi Raised to Hold at Deutsche Bank
  • Serge Ferrari SAS Raised to Outperform at Oddo BHF; PT 7 euros
  • Vetoquinol Raised to Add at Gilbert Dupont; PT 85 euros
  • Wavestone Raised to Buy at Kepler Cheuvreux
  • Yara Raised to Hold at Norne Securities; PT 350 kroner

Downgrades

  • Admiral Cut to Reduce at Peel Hunt; PT 2,300 pence
  • Allfunds Cut to Neutral at UBS
  • Alliance Pharma Cut to Sector Perform at RBC; PT 62.50 pence
  • Carrefour Cut to Hold at HSBC; PT 14 euros
  • Dowlais Cut to Hold at Peel Hunt; PT 85 pence
  • Epiroc Cut to Hold at SEB Equities; PT 230 kronor
  • Kongsberg Cut to Hold at SEB Equities; PT 1,335 kroner
  • Norconsult Norge Cut to Hold at SEB Equities; PT 46 kroner
  • Nordea Bank Cut to Accumulate at Inderes; PT 12.50 euros
  • Nordea Bank Cut to Hold at SEB Equities; PT 12.63 euros
  • Sainsbury Cut to Hold at HSBC; PT 285 pence
  • Surgical Science Sweden Cut to Hold at Berenberg; PT 180 kronor
  • Tullow Cut to Hold at Panmure Liberum
  • Umicore Cut to Hold at Kepler Cheuvreux

Initiations

  • Azimut Rated New Neutral at Autonomous
  • Bakkavor Rated New Outperform at RBC; PT 170 pence
  • Greencore Group Rated New Outperform at RBC; PT 240 pence
  • Spirax Rated New Overweight at Oxcap; PT 10,200 pence
  • Volex Rated New Buy at Jefferies; PT 350 pence
  1. veebruar Euroopas

Upgrades

  • Accesso Technology Raised to Buy at Peel Hunt; PT 600 pence
  • Addnode Group AB Raised to Buy at Pareto Securities
  • Atoss Software SE Raised to Buy at Hauck & Aufhaeuser
  • Big Yellow Group Raised to Buy at HSBC; PT 1,156 pence
  • British Land Raised to Buy at HSBC; PT 450 pence
  • DNO Raised to Buy at SpareBank; PT 15 kroner
  • Eurofins Scientific Raised to Outperform at Bernstein
  • Gulf Keystone Raised to Buy at SpareBank; PT 300 pence
  • H&M Raised to Accumulate at Inderes; PT 160 kronor
  • Hammerson Raised to Buy at HSBC; PT 373 pence
  • Informa Raised to Buy at Investec; PT 950 pence
  • Knorr-Bremse Raised to Buy at Jefferies; PT 91 euros
  • Redeia Raised to Neutral at Oddo BHF; PT 17 euros
  • SSAB Raised to Buy at Jefferies; PT 64 kronor
  • Serabi Gold Raised to Buy at Peel Hunt; PT 160 pence

Downgrades

  • Addnode Group AB Cut to Hold at Kepler Cheuvreux
  • Cool Cut to Sell at Arctic Securities; PT 47 kroner
  • Elisa Cut to Hold at Danske Bank Markets; PT 45 euros
  • FLEX LNG Cut to Hold at Arctic Securities; PT 289 kroner
  • Forvia Cut to Neutral at CIC; PT 11 euros
  • Getinge Cut to Market Perform at Handelsbanken; PT 300 kronor
  • Grieg Seafood Cut to Hold at Nordea
  • HSBC Cut to Hold at Deutsche Bank; PT 910 pence
  • Hemnet Cut to Neutral at Grupo Santander; PT 404.50 kronor
  • Intrum Cut to Reduce at Kepler Cheuvreux
  • Ricardo Cut to Hold at Stifel; PT 280 pence
  • Saipem Cut to Hold at Stifel; PT 2.50 euros
  • Sandoz Group Cut to Neutral at UBS
  • Segro Cut to Hold at HSBC; PT 685 pence
  • Solwers Cut to Reduce at Inderes; PT 2.80 euros
  • Swedbank Cut to Underweight at Barclays; PT 199 kronor
  • Vestas Cut to Sell at SpareBank; PT 90 kroner

Initiations

  • Elixirr International Rated New Buy at Peel Hunt; PT 1,100 pence
  • Louis Hachette Group Rated New Buy at CIC; PT 2.20 euros
  • Raysearch Rated New Buy at SEB Equities; PT 335 kronor
  1. veebruar Euroopas

Upgrades

  • Ahold Delhaize Raised to Buy at Bank Degroof Petercam
  • Avanza Raised to Neutral at JPMorgan; PT 279 kronor
  • Biophytis SA Raised to Buy at Invest Securities SA
  • Dunelm Raised to Outperform at RBC; PT 1,175 pence
  • Fresenius Medical Care Raised to Hold at M.M. Warburg
  • Melia Hotels Raised to Buy at JB Capital Markets; PT 9.50 euros
  • Novartis Raised to Buy at Deutsche Bank; PT 110 Swiss francs
  • Pennon Raised to Outperform at RBC; PT 600 pence
  • Syensqo Raised to Overweight at Morgan Stanley; PT 89 euros
  • Vetoquinol Raised to Buy at IDMidcaps; PT 100 euros
  • Young & Co’s Raised to Overweight at JPMorgan; PT 1,240 pence

Downgrades

  • Autoliv GDRs Cut to Hold at Pareto Securities; PT 1,150 kronor
  • Bavarian Nordic Cut to Hold at Nordea
  • Belimo Cut to Reduce at Baader Helvea; PT 689 Swiss francs
  • Fevertree Drinks Cut to Sell at Redburn; PT 593 pence
  • Kalmar Cut to Hold at SEB Equities; PT 35 euros
  • Lagercrantz Cut to Market Perform at Handelsbanken
  • Orion Cut to Hold at Nordea
  • QT Group Cut to Accumulate at Inderes; PT 90 euros
  • Reckitt Cut to Equal-Weight at Barclays; PT 5,360 pence
  • SSP Cut to Sector Perform at RBC; PT 200 pence
  • Vaisala Cut to Accumulate at Evli Bank; PT 56 euros
  • Vitrolife Cut to Underperform at Handelsbanken; PT 255 kronor
  • Vontobel Cut to Neutral at Oddo BHF; PT 66 Swiss francs

Initiations

  • Avanza Rated New Buy at Pareto Securities; PT 380 kronor
  • Mycronic Rated New Buy at SEB Equities; PT 520 kronor
  • NOVAL GA Rated New Buy at Alpha Finance; PT 3.30 euros
  • Nordnet Rated New Hold at Pareto Securities; PT 265 kronor
  • Wiit Rated New Buy at Berenberg; PT 23 euros
  1. veebruar Euroopas

Upgrades

  • Alma Media Raised to Accumulate at Inderes; PT 13 euros
  • Ctek Raised to Buy at Pareto Securities; PT 17 kronor
  • Equinor Raised to Buy at DZ Bank; PT 320 kroner
  • Equinor Raised to Buy at Danske Bank Markets; PT 300 kroner
  • Equinor Raised to Buy at Nordea
  • Equinor Raised to Buy at Pareto Securities; PT 300 kroner
  • Equinor Raised to Buy at SpareBank; PT 320 kroner
  • Greencore Group Raised to Buy at Deutsche Bank; PT 225 pence
  • Infineon Raised to Overweight at Morgan Stanley; PT 40 euros
  • Kesko Raised to Buy at ABG; PT 20 euros
  • Pandora Raised to Buy at Danske Bank Markets; PT 1,530 kroner
  • Ringkjoebing Landbobank Raised to Buy at Nordea
  • Ringkjoebing Landbobank Raised to Hold at ABG; PT 1,040 kroner
  • Ypsomed Raised to Outperform at BNPP Exane

Downgrades

  • Akzo Nobel Cut to Hold at Jefferies; PT 61 euros
  • Alm Brand Cut to Hold at Jyske Bank; PT 16 kroner
  • Anima Holding Cut to Hold at Equita; PT 7 euros
  • Athens Intnl Airport Cut to Underperform at BofA
  • Bilia Cut to Hold at Kepler Cheuvreux
  • Cool Cut to Hold at ABG; PT 92 kroner
  • H&M Cut to Neutral at Bryan Garnier; PT 175 kronor
  • Halma Cut to Reduce at HSBC; PT 2,760 pence
  • STMicro Cut to Neutral at BofA
  • Schott Pharma Cut to Underperform at BNPP Exane
  • Siltronic Cut to Hold at Berenberg
  • Stillfront Cut to Hold at Nordea
  • Valmet Cut to Neutral at BNPP Exane
  • Weir Group PLC/The Cut to Neutral at BNPP Exane; PT 2,270 pence

Initiations

  • Altea Green Power Rated New Buy at TP ICAP Midcap
  • Anexo Rated New Corporate at Shore Capital
  • Ferrari Rated New Hold at Deutsche Bank; PT 430 euros
  • Greatland Gold Rated New Buy at Argonaut Securities; PT 17 pence
  • Norwegian Air Reinstated Buy at Arctic Securities; PT 13 kroner
  • Prysmian Rated New Neutral at UBS; PT 70 euros
  1. veebruar Euroopas

Upgrades

  • Alpha Services Raised to Outperform at Mediobanca SpA
  • BPER Banca Raised to Buy at Deutsche Bank; PT 7.60 euros
  • Budimex Raised to Neutral at Citi; PT 551 zloty
  • Carl Zeiss Meditec Raised to Hold at Stifel; PT 60 euros
  • DiaSorin Raised to Buy at Stifel; PT 115 euros
  • Grifols Raised to Overweight at Morgan Stanley; PT 12 euros
  • Harbour Energy Raised to Neutral at Goldman; PT 245 pence
  • Lufthansa Raised to Outperform at Bernstein; PT 8 euros
  • Marimekko Raised to Accumulate at Evli Bank; PT 13 euros
  • Piraeus Bank Raised to Outperform at Mediobanca SpA
  • Ponsse Raised to Accumulate at Inderes; PT 24 euros
  • Sartorius Raised to Overweight at Morgan Stanley; PT 340 euros
  • Sartorius Stedim Raised to Overweight at Morgan Stanley
  • Schott Pharma Raised to Buy at Stifel; PT 26.50 euros
  • Teleste Raised to Accumulate at Inderes; PT 3.20 euros
  • UPM-Kymmene Raised to Buy at Citi; PT 36 euros

Downgrades

  • Alisa Pankki Oyj Cut to Reduce at Evli Bank; PT 18 euro cents
  • Anima Holding Cut to Hold at Intesa Sanpaolo; PT 7 euros
  • AstraZeneca Cut to Hold at Nordea
  • Entain Cut to Neutral at BofA
  • Fortum Cut to Neutral at Oddo BHF; PT 15.50 euros
  • H&M Cut to Hold at Deutsche Bank; PT 160 kronor
  • Hexagon Purus Cut to Hold at Pareto Securities; PT 2 kroner
  • IAG Cut to Market Perform at Bernstein; PT 350 pence
  • L’Oreal Cut to Equal-Weight at Morgan Stanley; PT 379 euros
  • Lanxess Cut to Neutral at Van Lanschot Kempen; PT 29 euros
  • Logista Cut to Neutral at Grupo Santander; PT 33.20 euros
  • Lonza Cut to Equal-Weight at Morgan Stanley; PT 625 Swiss francs
  • Merck KGaA Cut to Equal-Weight at Morgan Stanley; PT 160 euros
  • NNIT Cut to Sell at ABG; PT 70 kroner
  • Orsted Cut to Neutral at BofA
  • Spectris Cut to Hold at HSBC; PT 3,200 pence
  • Telenor Cut to Sell at SpareBank; PT 120 kroner
  • Wihlborgs Cut to Hold at DNB Markets; PT 120 kronor
  • Witted Megacorp Cut to Accumulate at Inderes; PT 1.80 euros

Initiations

  • Ashtead Technology Rated New Buy at Investec; PT 819 pence
  • AstraZeneca Rated New Overweight at Morgan Stanley
  • Avax SA Rated New Overweight at Euroxx Securities; PT 3.40 euros
  • Covestro Rated New Market Perform at CICC; PT 62 euros
  • GSK Reinstated Underweight at Morgan Stanley; PT 1,450 pence
  • Gimv Resumed Buy at KBC Securities; PT 56 euros
  • HelloFresh Rated New Buy at M.M. Warburg; PT 15.40 euros
  • Novartis Reinstated Underweight at Morgan Stanley
  • Novo Rated New Equal-Weight at Morgan Stanley; PT 700 kroner
  • Roche Reinstated Equal-Weight at Morgan Stanley
  • Zealand Pharma Reinstated Equal-Weight at Morgan Stanley
  • Zegona Communications Rated New Outperform at Grupo Santander