| Date | Company Name | Action | Current
Price | Price
Target | Rating |
|---|
| 10/11/2023 | HSQVY Husqvarna AB (publ) | Upgrade | $10.00 | | Market Perform ➝ Outperform |
| 10/11/2023 | ROYUF Royal Unibrew A/S | Upgrade | $73.00 | | Underperform ➝ Market Perform |
| 10/9/2023 | DSDVY DSV | Upgrade | $119.00 | | Market Perform ➝ Outperform |
| 10/2/2023 | FLIDY FLSmidth & Co. A/S | Downgrade | $7.00 | | Outperform ➝ Market Perform |
| 9/27/2023 | BRRDF Borregaard ASA | Upgrade | $19.00 | | Market Perform ➝ Outperform |
| 9/15/2023 | VTRLY Vitrolife AB (publ) | Upgrade | $16.00 | | Market Perform ➝ Outperform |
| 9/5/2023 | LUNMF Lundin Mining | Initiated Coverage | $19.00 | | Outperform |
| 9/5/2023 | AMBBY Ambu A/S | Upgrade | $14.00 | | Market Perform ➝ Outperform |
| 8/17/2023 | GRGSF Grieg Seafood ASA | Downgrade | $6.00 | | Outperform ➝ Market Perform |
| 8/17/2023 | LYSFY Lerøy Seafood Group ASA | Downgrade | $9.00 | | Outperform ➝ Market Perform |
| 7/28/2023 | SWDCF Swedencare AB (publ) | Downgrade | $4.00 | | Outperform ➝ Market Perform |
| 7/27/2023 | HXGBY Hexagon | Upgrade | $12.00 | | Market Perform ➝ Outperform |
| 7/19/2023 | TLTZY Tele2 | Upgrade | $8.00 | | Underperform ➝ Market Perform |
| 7/18/2023 | IVSBF Investor AB (publ) | Upgrade | $34.00 | | Market Perform ➝ Outperform |
| 6/29/2023 | TDVXF Tobii Dynavox AB (publ) | Upgrade | $10.00 | | Market Perform ➝ Outperform |
| 6/28/2023 | GNGBY Getinge | Upgrade | $22.00 | | Market Perform ➝ Outperform |
| 6/27/2023 | SDVKY Sandvik | Upgrade | $31.00 | | Market Perform ➝ Outperform |
| 6/20/2023 | AMKBY A.P. Moller-Maersk | Initiated Coverage | $10.00 | | Underperform |
| 6/20/2023 | ETTYF Essity AB (publ) | Upgrade | $28.00 | | Market Perform ➝ Outperform |
| 6/20/2023 | DSDVY DSV | Initiated Coverage | $119.00 | | Market Perform |
| 6/16/2023 | DSDVF DSV A/S | Initiated Coverage | $241.00 | | Market Perform |
| 6/12/2023 | CWQXF Castellum AB (publ) | Initiated Coverage | $11.00 | | Outperform |
| 6/7/2023 | NENTF Viaplay Group AB (publ) | Downgrade | $0.00 | | Outperform ➝ Market Perform |
| 5/8/2023 | WILYY Demant A/S | Downgrade | $16.00 | | Outperform ➝ Market Perform |
| 5/5/2023 | HRVFF Harvia Oyj | Downgrade | $48.00 | | Outperform ➝ Market Perform |
| 5/3/2023 | BITGF Biotage AB (publ) | Upgrade | $15.00 | | Market Perform ➝ Outperform |
| 5/2/2023 | CCNTF Concentric AB (publ) | Initiated Coverage | $22.00 | | Market Perform |
| 4/28/2023 | MICLF Mycronic AB (publ) | Upgrade | $21.00 | | Market Perform ➝ Outperform |
| 4/21/2023 | GNNDY GN Store Nord | Initiated Coverage | $49.00 | | Outperform |
| 4/19/2023 | ROYUF Royal Unibrew A/S | Downgrade | $73.00 | | Market Perform ➝ Underperform |
| 4/11/2023 | GNGBY Getinge | Downgrade | $22.00 | | Outperform ➝ Market Perform |
| 4/5/2023 | ELUXY Electrolux | Downgrade | $13.00 | | Outperform ➝ Market Perform |
| 4/3/2023 | BRRDF Borregaard ASA | Initiated Coverage | $19.00 | | Market Perform |
| 3/28/2023 | RTOBF Ratos AB (publ) | Upgrade | $4.00 | | Market Perform ➝ Outperform |
| 3/24/2023 | NHYDY Norsk Hydro ASA | Initiated Coverage | $7.00 | | Outperform |
| 3/20/2023 | BDNNY Boliden AB (publ) | Upgrade | $99.00 | | Market Perform ➝ Outperform |
| 3/13/2023 | ALFVY Alfa Laval | Upgrade | $49.00 | | Market Perform ➝ Outperform |
| 2/15/2023 | BIOGY BioGaia AB (publ) | Downgrade | $10.00 | | Outperform ➝ Market Perform |
| 2/14/2023 | MICLF Mycronic AB (publ) | Downgrade | $21.00 | | Outperform ➝ Market Perform |
| 2/14/2023 | CWQXF Castellum AB (publ) | Upgrade | $11.00 | | Underperform ➝ Outperform |
| 2/14/2023 | RKWBF Rockwool A/S | Downgrade | $33.00 | | Buy ➝ Hold |
| 2/10/2023 | HOYFF Huhtamäki Oyj | Upgrade | $32.00 | | Underperform ➝ Market Perform |
| 2/7/2023 | FBGGF Fabege AB (publ) | Downgrade | $9.00 | | Outperform ➝ Market Perform |
| 2/3/2023 | SKFRY AB SKF | Downgrade | $27.00 | | Outperform ➝ Market Perform |
| 2/2/2023 | FLIDY FLSmidth & Co. A/S | Upgrade | $7.00 | | Market Perform ➝ Outperform |
| 2/2/2023 | HSQVY Husqvarna AB (publ) | Downgrade | $10.00 | | Outperform ➝ Market Perform |
| 1/30/2023 | WILYY Demant A/S | Upgrade | $16.00 | | Market Perform ➝ Outperform |
| 1/30/2023 | ETTYF Essity AB (publ) | Upgrade | $28.00 | | Underperform ➝ Market Perform |
| 1/24/2023 | THUPY Thule Group AB (publ) | Downgrade | $13.00 | | Outperform ➝ Market Perform |
| 1/24/2023 | MPZAF Mips AB (publ) | Downgrade | $45.00 | | Market Perform ➝ Underperform |
