>>> Brokers Upgrades & Downgrades - 20/08/2014

>>> Up
*E.ON RAISED TO HOLD VS SELL AT SOCGEN
*DKSH RAISED TO NEUTRAL VS UNDERPERFORM AT CREDIT SUISSE
*GOLD FIELDS RAISED TO OVERWEIGHT VS EQUALWEIGHT AT BARCLAYS
*HOCHTIEF RAISED TO NEUTRAL VS SELL AT UBS
*KELLER RAISED TO BUY VS ADD AT NUMIS
*SIEMENS RAISED TO BUY VS NEUTRAL AT GOLDMAN
*SNAM RAISED TO BUY VS HOLD AT BERENBERG

>>> Down
*BHP BILLITON CUT TO NEUTRAL VS BUY AT CITI
*BHP BILLITON CUT TO UNDERPERFORM VS NEUTRAL AT CREDIT SUISSE
*BHP BILLITON CUT TO NEUTRAL AT MACQUARIE
*CEZ CUT TO NEUTRAL VS BUY AT GOLDMAN

>>> PT Changes


>>> Initiation
*INVESTOR RATED NEW BUY AT CITI, PT SEK274
*SSP GROUP RATED NEW OVERWEIGHT AT MORGAN STANLEY, PT 260P
*SSP GROUP RATED NEW BUY AT NOMURA, PT 263P
*SSP RATED NEW OVERWEIGHT AT BARCLAYS, PT 285P

>>> Call
>> Stock
*AMERISUR RESOURCES EXITS GOLDMAN CONVICTION BUY LIST, STAYS BUY
*ASOS REMOVED FROM GOLDMAN CONVICTION BUY LIST, STAYS BUY
*BHP BILLITON REMOVED FROM CITI FOCUS LIST EUROPE