>>> Europe : Brokers Upgrades & Downgrades - 10th of May 2019

>>> Up
* ATEME SA Upgraded to Buy at Gilbert Dupont; PT 14.20 Euros
* EDP Renovaveis Upgraded to Buy at Goldman; PT 10.60 Euros
* ETE GA Raised to Overweight at Morgan Stanley; PT 3.10 Euros
* Eurobank Raised to Overweight at Morgan Stanley; PT 1 Euro
* Iliad Upgraded to Buy at BofAML; PT 152 Euros
* Michelin Upgraded to Buy at Goldman; PT 135 Euros
* Salvatore Ferragamo Raised to Equal-weight at Morgan Stanley
* Stabilus Upgraded to Hold at SocGen; PT 45 Euros
* Talanx Upgraded to Buy at DZ Bank; PT 38 Euros
* Whirlpool Upgraded to Buy at Longbow; PT Set to $178

>>> Down
* Aeroports de Paris Cut to Neutral at JPMorgan; PT 160 Euros
* Alpha Bank Cut to Underweight at Morgan Stanley; PT 1.20 Euros
* Auto Trader Downgraded to Neutral at Citi
* dormakaba Downgraded to Reduce at HSBC; PT 635 Francs
* Fielmann Downgraded to Sell at DZ Bank; PT 52 Euros
* Hufvudstaden Downgraded to Hold at SEB Equities; PT 167 Kronor
* Immobiliare Grande Cut to Neutral at Mediobanca SpA
* NNIT Downgraded to Hold at ABG; PT 165 Kroner
* Piraeus Bank Cut to Underweight at Morgan Stanley; PT 1.30 Euros
* Prosafe Downgraded to Hold at Kepler Cheuvreux; PT 20 Kroner
* Trufin Downgraded to Neutral at Macquarie
* Unibail Downgraded to Sell at Citi
* Xing Downgraded to Sell at Berenberg

>>> Initiation
* Equita Rated New Buy at UBI Banca; PT 3.57 Euros
* Maersk Drilling Rated New Equal-weight at Morgan Stanley
* Verbund Rated New Outperform at MainFirst; PT 50 Euros
* Zurich Ins. Reinstated Equal-weight at Morgan Stanley

>>> Call
* Greek Bank Fundamentals Don’t Support Stock Run: Morgan Stanley