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

>>> Up
* Aena Upgraded to Neutral at JPMorgan; PT 164 Euros
* BASF Upgraded to Hold at HSBC; Price Target 85 Euros
* BNP Paribas Upgraded to Buy at Natixis
* Commerzbank Upgraded to Outperform at MainFirst; PT 16 Euros
* Norma Upgraded to Buy at Bankhaus Lampe
* Nostrum Oil & Gas Raised to Buy at Renaissance Capital
* Ocean Yield Raised to Buy at Pareto Securities; PT 77.30 Kroner
* Recordati Upgraded to Neutral at Goldman
* Statoil Raised to Equal-weight at Morgan Stanley; PT 200 Kroner
* Stora Enso Upgraded to Accumulate at Inderes; PT 13.75 Euros
* Total Upgraded to Overweight at Morgan Stanley; PT 55.60 Euros
* Total Upgraded to Strong Buy at Raymond James; PT 55 Euros
* UniCredit Upgraded to Buy at Independent Research; PT 22 Euros
* Wacker Chemie Upgraded to Hold at DZ Bank; PT 152 Euros

>>> Down
* Boliden Downgraded to Sell at UBS; PT 245 Kronor
* BP Downgraded to Equal-weight at Morgan Stanley; PT 5.50 Pounds
* Imperial Brands Cut to Neutral at Piper Jaffray; PT 28 Pounds
* Technogym Downgraded to Hold at Equita SIM; PT 8.60 Euros
* UniCredit Upgraded to Add at AlphaValue
* TDC Downgraded to Neutral at JPMorgan; PT 50.25 Kroner
* TDC Downgraded to Neutral at Citi
* Wereldhave Downgraded to Neutral at JPMorgan; PT 38 Euros

>>> Initiation
* Banca Generali Reinstated Outperform at Intermonte Securities
* Corestate Rated New Buy at Jefferies; PT 65 Euros
* Rocket Internet Resumed at JPMorgan With Overweight; PT 29 Euros
* Smiths Rated New Overweight at Barclays; PT 18 Pounds

>>> Call