>>> Europe : Brokers Upgrades & Downgrades - 13th of December 2018

>>> Up
* Boskalis Upgraded to Hold at ABN Amro Bank; PT 23 Euros
* Fuchs Petrolub Upgraded to Buy at HSBC; PT 44 Euros
* Pernod Ricard Upgraded to Hold at Liberum
* WPP Upgraded to Buy at Shore Capital

>>> Down
* Elementis Downgraded to Hold at HSBC; PT 2 Pounds
* Falck Renewables Cut to Hold at Kepler Cheuvreux; PT 2.60 Euros
* Krones Downgraded to Hold at Baader Helvea; PT 85 Euros
* Sabre Insurance Cut to Equal-weight at Barclays; PT 2.95 Pounds
* Ultra Electronics Cut to Underweight at Barclays
* Wacker Chemie Downgraded to Sell at Berenberg

>>> Initiation
* Akzo Nobel Reinstated at HSBC With Reduce; PT 62 Euros
* ASR Nederland Rated New Add at Bank Degroof Petercam
* Kemira Rated New Reduce at HSBC; PT 9 Euros
* Qingdao Haier Rated New Buy at ING; PT 1.25 Euros
* Stroeer Reinstated at Goldman With Buy; PT 56.80 Euros

>>> Call