>>> Europe : Brokers Upgrades & Downgrades - 120th of Sept

>>> Up
* Aveva Upgraded to Overweight at Barclays; PT 31.50 Pounds
* BAT Upgraded to Hold at DZ Bank; Price Target 36.50 Pounds
* Bayer Upgraded to Buy at Citi
* Proximus Upgraded to Buy at Citi
* Tele Columbus Upgraded to Buy at Bankhaus Lampe
* Weir Upgraded to Overweight at Morgan Stanley; PT 21.20 Pounds
* Zalando Upgraded to Hold at DZ Bank; PT 35 Euros

>>> Down
* Adecco Downgraded to Underperform at MainFirst; PT 48 Francs
* Jardine Lloyd Thompson Cut to Hold at Investec; PT 19 Pounds
* Nokian Renkaat Downgraded to Sell at Carnegie; PT 30 Euros
* Telefonica Deutschland Downgraded to Sell at Bankhaus Lampe
* Telenet Downgraded to Neutral at Citi
*
>>> Initiation
* Firestone Diamonds Rated New Sell at Berenberg
* Gem Diamonds Rated New Buy at Berenberg
* Home Invest Belgium Rated New Hold at Kepler Cheuvreux
* Maroc Telecom Rated New Neutral at Citi
* Petra Diamonds Rated New Hold at Berenberg
* Shelf Drilling Rated New Outperform at RBC; PT 75 Kroner
* YIT Reinstated at Kepler Cheuvreux With Buy; PT 6.80 Euros

>>> Call