>>> Europe : Brokers Upgrades & DOwngrades - 1st of November 2016

>>> Up
*Big Yellow Group Raised to Buy at Liberum
*Kuehne Raised to Neutral at JPMorgan, PT CHF143
*Land Securities Raised to Hold at Liberum
*Novozymes Raised to Hold at Berenberg
*WPP Raised to Buy at HSBC

>>> Down
*Amec Foster Wheeler Cut to Equal Weight at Barclays, PT 500p
*KGHM Cut to Underweight at Morgan Stanley
*Segro Cut to Hold at Liberum
*Shaftesbury Cut to Hold at Liberum
*WM Morrison Cut to Hold at Jefferies, PT 225p

>>> PT Change


>>> Initiation
*Berkeley Energia Rated New Buy at Peel Hunt, PT 93p
*Ladbrokes Coral Rated New Overweight at Morgan Stanley, PT 190p

>>> Call
>> Stock
*CONTINENTAL ADDED TO ALPHA LIST AT BANKHAUS LAMPE
*FIELMANN EXITS ALPHA LIST AT BANKHAUS LAMPE