>>> Europe : Brokers Upgrades & Downgrades - 17th of February 20

>>> Up
* BioMerieux Raised to Buy at SocGen; PT 106 euros
* Carrefour Raised to Buy at Goldman; PT 20 euros
* EDF PT Raised to 16 euros from 13 euros at Morgan Stanley
* President Raised to Buy at Peel Hunt
* REC Silicon Raised to Buy at Arctic Securities; PT 6 kroner
* Severn Trent Raised to Neutral at JPMorgan; PT 2,550 pence
* Siltronic PT Raised to 95 euros from 75 euros at Deutsche Bank
* Vivendi Raised to Buy at LBBW; PT 30 euros

>>> Down
* Alstom Cut to Neutral at JPMorgan; PT 47 euros
* Glaxo PT Cut to 1,840 pence from 1,930 pence at Liberum
* Krones Cut to Hold at Bankhaus Metzler; PT 73 euros
* Mobilezone Cut to Hold at MainFirst; PT 11.50 Swiss francs
* TOMRA Systems ASA Cut to Hold at Handelsbanken; PT 292 kroner
* Vicat Cut to Hold at SocGen; PT 42 euros
* Vopak Cut to Neutral at Credit Suisse; PT 53 euros

>>> Initiation


>>> Call
* Deutsche Boerse 4Q Has No Surprises, Guidance In Line: Jefferies
* Kone CEO Says Upfront Fee for Elevators Too Risky: Kauppalehti