| 2026-09-02 | Aggiornamento | UBS | Neutral → Buy |
| 2025-12-12 | Aggiornamento | Jefferies | Hold → Buy |
| 2025-10-01 | Aggiornamento | Morgan Stanley | Underweight → Equal-Weight |
| 2025-09-26 | Aggiornamento | JP Morgan | Neutral → Overweight |
| 2025-04-14 | Aggiornamento | Deutsche Bank | Sell → Hold |
| 2025-02-24 | Resumed | Citigroup | Sell |
| 2025-01-10 | Aggiornamento | Bernstein | Underperform → Mkt Perform |
| 2025-01-08 | Downgrade | Morgan Stanley | Equal-Weight → Underweight |
| 2024-09-18 | Aggiornamento | Goldman | Neutral → Buy |
| 2024-03-13 | Downgrade | Bernstein | Mkt Perform → Underperform |
| 2024-03-13 | Downgrade | Jefferies | Buy → Hold |
| 2024-02-07 | Downgrade | Societe Generale | Buy → Hold |
| 2023-11-14 | Downgrade | Berenberg | Buy → Hold |
| 2023-10-11 | Downgrade | Exane BNP Paribas | Neutral → Underperform |
| 2023-09-19 | Resumed | BofA Securities | Buy |
| 2023-06-23 | Downgrade | Kepler | Buy → Hold |
| 2023-03-06 | Downgrade | Barclays | Overweight → Equal Weight |
| 2023-02-22 | Downgrade | Deutsche Bank | Buy → Hold |
| 2023-02-14 | Downgrade | UBS | Buy → Neutral |
| 2023-02-10 | Downgrade | Stifel | Buy → Hold |
| 2023-01-25 | Downgrade | Exane BNP Paribas | Outperform → Neutral |
| 2022-09-16 | Downgrade | Citigroup | Neutral → Sell |
| 2022-08-26 | Downgrade | JP Morgan | Overweight → Neutral |
| 2022-01-05 | Aggiornamento | UBS | Neutral → Buy |
| 2021-09-17 | Aggiornamento | Berenberg | Hold → Buy |
| 2021-08-30 | Aggiornamento | Societe Generale | Hold → Buy |
| 2021-07-15 | Aggiornamento | Deutsche Bank | Hold → Buy |
| 2021-03-04 | Downgrade | JP Morgan | Neutral → Underweight |
| 2021-02-24 | Downgrade | Deutsche Bank | Buy → Hold |
| 2020-11-11 | Downgrade | UBS | Neutral → Sell |
| 2020-10-20 | Aggiornamento | JP Morgan | Underweight → Neutral |
| 2020-10-19 | Downgrade | Peel Hunt | Buy → Hold |
| 2020-10-01 | Downgrade | Exane BNP Paribas | Outperform → Neutral |
| 2020-09-21 | Downgrade | Bryan Garnier | Neutral → Sell |
| 2020-07-01 | Iniziato | Credit Suisse | Neutral |
| 2020-06-26 | Iniziato | Peel Hunt | Buy |
| 2020-06-01 | Downgrade | Bernstein | Outperform → Mkt Perform |
| 2020-03-23 | Aggiornamento | Morgan Stanley | Underweight → Equal-Weight |
| 2020-03-12 | Aggiornamento | UBS | Sell → Neutral |
| 2019-10-11 | Iniziato | Deutsche Bank | Hold |
| 2019-09-17 | Iniziato | Jefferies | Buy |
| 2019-09-12 | Downgrade | JP Morgan | Overweight → Neutral |
| 2019-08-13 | Downgrade | Berenberg | Buy → Hold |
| 2019-07-18 | Downgrade | RBC Capital Mkts | Sector Perform → Underperform |
| 2019-07-02 | Downgrade | UBS | Neutral → Sell |
| 2019-06-18 | Downgrade | Barclays | Equal Weight → Underweight |
| 2019-02-11 | Resumed | BofA/Merrill | Buy |
| 2019-01-17 | Aggiornamento | Berenberg | Hold → Buy |
| 2019-01-10 | Aggiornamento | UBS | Sell → Neutral |