>>> Brokers Upgrades & Downgrades - 18/08/2014

>>> Up
*AQUARIUS PLATINUM RAISED TO BUY VS NEUTRAL AT UBS
*CHUNGHWA TELECOM RAISED TO NEUTRAL VS SELL AT GOLDMAN
*EVRAZ RAISED TO BUY VS NEUTRAL AT CITI
*FNAC RAISED TO STRONG BUY FROM OUTPERFORM AT RAYMOND JAMES
*ISRAEL DISCOUNT RAISED TO OVERWEIGHT VS UNDERWEIGHT: BARCLAYS
*MMK RAISED TO BUY VS NEUTRAL AT CITI
*NLMK RAISED TO BUY VS NEUTRAL AT CITI
*PEGASUS AIRLINES RAISED TO OVERWEIGHT VS EQUALWEIGHT: BARCLAYS
*SCHWEITER TECHNOLOGIES RAISED TO BUY VS NEUTRAL AT UBS
*SHENZHEN OVERSEAS RAISED TO BUY VS NEUTRAL AT GOLDMAN

>>> Down
*BANK HAPOALIM CUT TO UNDERWEIGHT VS EQUALWEIGHT AT BARCLAYS
*DELTICOM CUT TO SELL VS HOLD AT BERENBERG
*DOOSAN ENGINE CUT TO SELL VS NEUTRAL AT GOLDMAN
*HOMAG CUT TO HOLD FROM BUY AT BANKHAUS LAMPE
*MIZRAHI TEFAHOT CUT TO EQUALWEIGHT VS OVERWEIGHT AT BARCLAYS
*RAIFFEISEN BANK CUT TO NEUTRAL VS BUY AT NOMURA

>>> PT changes


>>> Initiation


>>> Call
*ARM HOLDINGS ADDED TO GOLDMAN CONVICTION BUY LIST
*ASML REMOVED FROM GOLDMAN CONVICTION BUY LIST, STAYS BUY
*IMCD GROUP ADDED TO CONVICTION BUY LIST AT GOLDMAN
*VALMET, VOSSLOH UNDER REVIEW AT BERENBERG; PREVIOUSLY RATED BUY