>>> Brokers Upgrades & Downgrades - 16th of December 2014

>>> Up
*FONCIERE DES MURS RAISED TO HOLD VS SELL AT SOCGEN
*MBANK RAISED TO BUY VS NEUTRAL AT CITI
*WERELDHAVE RAISED TO BUY VS HOLD AT SOCGEN

>>> Down
*BPOST CUT TO EQUALWEIGHT VS OVERWEIGHT AT MORGAN STANLEY
*BRITISH LAND CUT TO HOLD VS BUY AT SOCGEN
*DERWENT LONDON CUT TO HOLD VS BUY AT SOCGEN
*GEA GROUP CUT TO SELL VS NEUTRAL AT UBS
*ALSTRIA OFFICE REIT CUT TO HOLD VS BUY AT SOCGEN
*MEYER BURGER CUT TO UNDERPERFORM VS NEUTRAL AT CREDIT SUISSE
*STANDARD LIFE CUT TO HOLD AT DEUTSCHE BANK

>>> PT Changes


>>> Initiation
*CHR HANSEN RATED NEW BUY AT UBS, PT DKK300
*GRIFOLS RATED NEW OVERWEIGHT AT BARCLAYS, PT EU43
*HELLA RATED NEW BUY AT CITI, PT EU43

>>> Call
>> Stock
*DRILLISCH, BASF ADDED TO BANKHAUS LAMPE’S LARGE CAP ALPHA LIST
*SALZGITTER TAKEN OFF BANKHAUS LAMPE’S LARGE CAP ALPHA LIST
*UNITED INTERNET TAKEN OFF BANKHAUS LAMPE’S LARGE CAP ALPHA LIST