A round-up of notable broker activity this morning from Europe's
top-ranked* analysts:
** Carnegie raises Danish medical devices maker Ambu
AMBUb.CO to "buy" from "hold" following the company's share
price drop and growth potential aided by stronger US dollar
** UBS upgrades Spain's Repsol REP.MC to "buy" from
"neutral" saying it sees a rebound for the oil and gas company's
shares on improved economic outlook in 2025
** UBS raises Shell SHEL.L to "buy" from "neutral" citing
an opportunity for $6 billion of additional cost savings and
sees the company as being on track to meet or even surpass its
2025 targets
** UBS raises British power generator and network operator
SSE SSE.L to "buy" from "neutral" on valuation
** Stifel upgrades Amsterdam-listed chemicals maker
DSM-Firmenich DSFIR.AS to "buy" from "hold" seeing potential
additional shareholder returns
(*Analyst rankings from Thomson Reuters StarMine. The scale is
from 1-star to 5-star with 5 being the best. Analysts are ranked
on earnings accuracy as well as relative performance of
recommendations over trailing 12-month & 24-month periods.)
(Reporting by Elviira Luoma and Tiago Brandao)
((Elviira.luoma@thomsonreuters.com))