>>> Europe : Brokers Upgrades & Downgrades - 10th of March 2016

>>> Up
*AUTO TRADER RAISED TO BUY VS ADD AT PEEL HUNT
*BHP BILLITON RAISED TO ADD VS REDUCE AT ALPHAVALUE
*GEBERIT RAISED TO OUTPERFORM AT RBC CAPITAL
*HORIZON TECHNOLOGY RAISED TO OUTPERFORM AT OPPENHEIMER
*INTU PROPERTIES RAISED TO OUTPERFORM VS NEUTRAL AT MACQUARIE
*ROGERS CORP. RAISED TO BUY AT B. RILEY
*WHITBREAD RAISED TO HOLD AT JEFFERIES

>>> Down
*ALAMOS GOLD INC CUT TO SECTOR PERFORM AT RBC CAPITAL
*ANTERO RESOURCES CUT TO NEUTRAL VS OUTPERFORM AT ROBERT BAIRD
*G4S CUT TO EQUALWEIGHT VS OVERWEIGHT AT BARCLAYS
*G4S CUT TO SELL AT NORDEA
*GENEL ENERGY CUT TO SECTOR PERFORM AT RBC CAPITAL
*LAGARDERE CUT TO EQUALWEIGHT VS OVERWEIGHT AT BARCLAYS
*RANGE RESOURCES CUT TO NEUTRAL VS OUTPERFORM AT ROBERT BAIRD
*RBS CUT TO MARKET PERFORM AT BERSTEIN
*RESTAURANT GROUP CUT TO NEUTRAL VS BUY AT GOLDMAN
*RESTAURANT GROUP CUT TO HOLD VS BUY AT BERENBERG
*RWE CUT TO SELL VS NEUTRAL AT UBS


>>> Reiteration


>>> Initiation
*ASHTEAD RATED NEW SELL AT DEUTSCHE BANK, PT 660P
*DEUTSCHE BETEILIGUNGS RATED NEW BUY AT BANKHAUS LAMPE, PT EU35
*METRO BANK PLC RATED NEW BUY AT JEFFERIES

>>> Call
>> Stock
*RESTAURANT GROUP REMOVED FROM CONVICTION LIST AT GOLDMAN