>>> Brokers Upgrades & Downgrades - 9th of April 2015

>>> Up
*KAZ MINERALS RAISED TO REDUCE VS SELL AT NUMIS
*PATRIZIA RAISED TO BUY FROM HOLD AT BANKHAUS LAMPE
*WOLF MINERALS RAISED TO BUY VS ADD AT NUMIS

>>> Down
*ANGLO AMERICAN CUT TO HOLD VS BUY AT INVESTEC
*ANGLO AMERICAN CUT TO NEUTRAL VS OUTPERFORM AT CREDIT SUISSE
*BHP BILLITON CUT TO UNDERPERFORM AT CREDIT SUISSE
*BHP BILLITON CUT TO SELL VS HOLD AT INVESTEC
*FIRST QUANTUM MINERALS CUT TO ADD VS BUY AT NUMIS
*INVESTOR AB CUT TO NEUTRAL VS BUY AT CITI
*LLOYDS BANKING CUT TO HOLD VS BUY AT INVESTEC
*SEB SA CUT TO NEUTRAL VS BUY AT UBS


>>> PT change


>>> Initiation
*DASSAULT SYSTEMES RATED NEW SELL AT BERENBERG, PT EU49
*IMCD RATED NEW BUY AT ING, PT EU36.50

>>> Call