Additional European Equity News

BooHoo (BOO LN) - Co Founder Kane purhcases 320,943 shares at 31.08p/shr. (Newswires) 

Defense Names - President-elect Donald Trump has proposed that NATO members spend 5% of their GDP on defense, a significant increase from the current 2% target, which he previously pushed for during his first term. (BBG)

Energy Names - US President-elect Trump said "We’re going to try and have a policy where no windmills are being built" (Newswires) Of note for the likes of Orsted (ORSTED DC)

Halma (HLMA LN) - Appoints Cran CFO designate; effective Apr 1st. (Newswires) 

Shell (SHEL LN) - Cuts Q4 Integrated Gas Production 880-820k boepd (prev. guided 900-960k boepd), LNG Volumes 6.8-7.2Mt (prev. guided 6.9-7.5Mt); optimisation results are exp. to be significantly lower than Q3'24. (Newswires) 

Beiersdorf (BEI GY) downgraded to Neutral from Outperform at BNP Paribas 

EQT (EQT SS) upgraded to Buy from Hold at Deutsche Bank 

Nestle (NESN SW) upgraded to Outperform from Underperform at BNP Paribas

NN (NN NA) downgraded to Underweight from Equal Weight at Morgan Stanley 

Nokia (NOKIA FH) upgraded to Buy from Hold at Nordea

Partners (PGHN SW) upgraded to Buy from Hold at Deutsche Bank 

Siemens Energy (ENR GY) downgraded to Hold from Buy at at Kepler 

Zurich Insurance (ZURN SW) downgraded to Underweight from Equal Weight at Morgan Stanley