>>> Europe : Brokers Upgrades & Downgrades - 10th of March 2017

>>> Up
*Akzo Nobel Raised to Buy at Citi
*Akzo Nobel Raised to Hold at Baader-Helvea, PT EU76.50
*ASML Raised to Buy at UBS, PT EU130
*Dignity Raised to Buy at Panmure Gordon & Co, PT 2750p
*EON Raised to Sector Perform at RBC, PT EU8
*FedEx Raised to Buy at Edward Jones
*G4S Raised to Buy at Stifel, PT 320p
*Hufvudstaden Raised to Hold at DNB Markets, PT SEK135
*Iberiabank Raised to Market Outperform at JMP, PT $94
*Laird Raised to Buy at Berenberg, PT 240p
*SCA Raised to Buy at SocGen, PT SEK310

>>> Down
*Auto Trader Cut to Underperform at Credit Suisse, PT 360p
*Carrefour Cut to Hold at HSBC, PT EU25
*Coltene Holding Cut to Underperform at Credit Suisse, PT CHF79
*Fresnillo Cut to Sell at Goldman
*Northgate Cut to Sell at Berenberg, PT 465p
*Randgold Cut to Neutral at Goldman
*Rhoen Klinikum Cut to Sell at Bankhaus Lampe, PT EU20
*Ultra Electronics Cut to Hold at Berenberg, PT 2250p

>>> Initiation
*ASOS Rated New Overweight at Barclays, PT GBP66.30
*Beiersdorf Cut to Sector Perform at RBC; PT Raised to 87 Euros
*boohoo.com Rated New Equal-Weight at Barclays, PT GBP1.50
*Essilor Initiated at Barclays with Overweight; PT 130 Euros
*Evotec Rated New Buy at Berenberg, PT EU9.50
*On the Beach Group Rated New Buy at Peel Hunt, PT 365p
*Severn Trent Reinstated Equal-Weight at Barclays, PT 2340p
*VimpelCom Rated New Buy at ING
*Yoox Net-a-Porter Rated New Equal-Weight at Barclays, PT EU26
*Zalando Rated New Overweight at Barclays, PT EU49.75

>>> Call