>>> Europe : Brokers Upgrades & Downgrades - 19th of October 201

>>> Up
* Atea Upgraded to Buy at SEB Equities; Price Target 127 Kroner
* Byggmax Upgraded to Buy at SEB Equities; PT 41 Kronor
* Disney Upgraded to Overweight at Barclays; PT $130
* EDP Upgraded to Outperform at Macquarie; PT 3.60 Euros
* Galp Upgraded to Outperform at RBC
* Leifheit Upgraded to Hold at Berenberg
* Nestle Upgraded to Buy at DZ Bank; PT 89 Francs
* Pershing Square Holdings Ltd/Fund Upgraded to Buy at Jefferies
* Prosafe Raised to Accumulate at Fearnley; Price Target 30 Kroner
* Teleperformance Upgraded to Buy at HSBC; PT 180 Euros
* Wereldhave Belgium Raised to Add at Bank Degroof Petercam

>>> Down
* Beiersdorf Downgraded to Hold at Bankhaus Lampe
* Casino Downgraded to Hold at Kepler Cheuvreux; PT 40 Euros
* Casino Downgraded to Hold at HSBC; Price Target 43 Euros
* Danske Bank Cut to Equal-weight at Barclays; PT 151 Kroner
* EasyJet Downgraded to Underperform at MainFirst; PT 9 Pounds
* Fabege Cut to Hold at SEB Equities; Price Target 130 Kronor
* KWS Saat Downgraded to Hold at Bankhaus Lampe
* Lufthansa Downgraded to Neutral at MainFirst; PT 20 Euros
* Repsol Downgraded to Underperform at RBC
* Swatch Cut to Equal-weight at Morgan Stanley; PT 375 Francs
* Wereldhave Cut to Add at Bank Degroof Petercam; PT 39 Euros

>>> Initiation
* DWS Rated New Neutral at Oddo BHF; PT 23.90 Euros
* IP Group Rated New Buy at Berenberg; PT 1.60 Pounds

>>> Call