>>> Europe : Brokers Upgrades & Downgrades - 16th of July 2019

>>> Up
* A2A Upgraded to Neutral at Citi
* Aston Martin Upgraded to Hold at Jefferies; PT 10 Pounds
* Elekta Upgraded to Hold at Jefferies; PT 126 Kronor
* ITV Upgraded to Buy at Liberum
* Telenor Upgraded to Hold at DNB Markets; Price Target 183 Kroner

>>> Down
* Bossard Downgraded to Hold at Baader Helvea; PT 135 Francs
* Coloplast Cut to Sell at DNB Markets; Price Target 700 Kroner
* Enel Downgraded to Neutral at Citi
* Galapagos ADRs Downgraded to Market Perform at Raymond James
* Lloyds Downgraded on Rising Likelihood of No-Deal Brexit: JPM
* Pandox Downgraded to Hold at DNB Markets; PT 200 Kronor
* Safran cut to Neutral From Buy at Oddo
* Sartorius Stedim Downgraded to Reduce at Gilbert Dupont
* Virbac Downgraded to Add at Gilbert Dupont

>>> Initiation
* BMW Reinstated at Goldman With Neutral; PT 65 Euros
* Daimler Reinstated at Goldman With Sell; PT 42 Euros
* Fiat Chrysler Reinstated at Goldman With Sell; PT $13.50
* Glenveagh Rated New Buy at Berenberg; PT 1.15 Euros
* Green REIT Rated New Buy at Berenberg; PT 2 Euros
* Hibernia REIT Rated New Buy at Berenberg; PT 1.70 Euros
* Johnson Service Rated New Overweight at Barclays; PT 2.05 Pounds
* Peugeot Reinstated at Goldman With Buy; PT 26 Euros
* Renault Reinstated at Goldman With Neutral; PT 59 Euros

>>> Call
* Italian Utilities Face Big Downside Risks, Enel Cut at Citi
* Bossard Loses Only Buy as Baader Cites Weaker Growth Momentum
* BillerudKorsnas Results to Lead to Estimate Cuts, Jefferies Says