>>> Brokers Upgrades & Downgrades - 13th of April 2015

>>> Up
*AMPLIFON RAISED TO BUY VS HOLD AT JEFFERIES
*GN STORE NORD RAISED TO BUY VS UNDERPERFORM AT JEFFERIES
*GOLD FIELDS RAISED TO HOLD AT HSBC
*HSBC RAISED TO EQUALWEIGHT AT MORGAN STANLEY
*SONOVA RAISED TO HOLD VS UNDERPERFORM AT JEFFERIES
*WILLIAM DEMANT RAISED TO HOLD VS UNDERPERFORM AT JEFFERIES

>>> Down
*AALBERTS CUT TO HOLD VS BUY AT ING
*ANGLO AMERICAN CUT TO SELL VS NEUTRAL AT CITI
*BOLIDEN CUT TO NEUTRAL VS BUY AT UBS
*CARLSBERG CUT TO EQUALWEIGHT AT BARCLAYS
*DET NORSKE CUT TO NEUTRAL VS BUY AT UBS
*DRILLISCH CUT TO NEUTRAL VS BUY AT CITI
*FERREXPO CUT TO SELL VS NEUTRAL AT UBS
*GEM DIAMONDS CUT TO NEUTRAL VS BUY AT CITI
*GLENCORE CUT TO NEUTRAL VS BUY AT CITI
*GREAT PORTLAND ESTATES CUT TO HOLD VS BUY AT HSBC
*LONMIN CUT TO NEUTRAL VS BUY AT CITI
*PEARSON CUT TO UNDERPERFORM AT JEFFERIES
*RIO TINTO CUT TO NEUTRAL VS BUY AT CITI
*VEDANTA CUT TO SELL VS NEUTRAL AT CITI

>>> PT Change


>>> Initiation
*AVIVA RESUMED OVERWEIGHT AT MORGAN STANLEY, PT 633P
*AVIVA RESUMED OVERWEIGHT AT BARCLAYS, PT 621P
*STROEER MEDIA RATED NEW BUY AT BANKHAUS LAMPE, PT EU41
*VIRGIN MONEY RATED NEW HOLD AT BERENBERG, PT 400P

>>> Call
>> Sector
*EUROPE BASIC RESOURCES SECTOR CUT TO NEUTRAL AT CITI