>>> Europe : Brokers Upgrades & Downgrades - 11th of May 2018

>>> Up
* Nokian Renkaat Upgraded to Hold at Jefferies; PT 31 Euros
* Sacyr Upgraded to Buy at SocGen; PT 3 Euros

>>> Down
* Applus Downgraded to Hold at Kepler Cheuvreux; PT 12.80 Euros
* Greggs Downgraded to Hold at Berenberg
* Siemens Gamesa Cut to Hold at Kepler Cheuvreux; PT 14.20 Euros
* Solutions 30 Downgraded to Hold at Berenberg
* Uniper Downgraded to Reduce at HSBC; PT 24 Euros

>>> Initiation
* Vifor Pharma Rated New Underweight at Barclays; PT 130 Francs

>>> Call