>>> Europe : Brokers Upgrades & Downgrades - 18th of Novembre 2016

>>> Up
*Genel Energy Raised to Hold at Jefferies
*Ophir Energy Raised to Buy at Stifel, PT 90p
*Premier Oil Raised to Buy at Jefferies
*TERNA RAISED TO NEUTRAL AT CREDIT SUISSE

>>> Down
*ABN Amro Cut to Neutral at Macquarie, PT EU21
*Ahold Cut to Hold at Deutsche Bank, PT EU22.50
*Mediobanca Cut to Hold at Kepler Cheuvreux, PT EU7.20
*Swedbank Cut to Hold at Deutsche Bank
*Topdanmark Cut to Neutral at Goldman, PT DKK185

>>> PT Change


>>> Initiation
*Enel Resumed Equal-Weight at Morgan Stanley, PT EU4.30
*Italgas Rated New Outperform at Credit Suisse, PT EU3.80

>>> Call
>> Stock
*BNP, CREDIT SUISSE ADDED TO CITI FOCUS LIST EUROPE
*MOTOR OIL ADDED TO CEEMEA FOCUS LIST AT GOLDMAN
*SAGE GROUP ADDED TO CONVICTION BUY LIST AT GOLDMAN