>>> Europe : Brokers Upgrades & Downgrades - 20th of April 2018

>>> Up
* Bankia Upgraded to Neutral at BPI; PT 3.90 Euros
* Elis Upgraded to Buy at Berenberg
* Pharmanutra Raised to Buy at Corporate Family Office
* *SHIRE PT RAISED TO $200 AT B RILEY FBR AS ACQUISITION LIKELY

>>> Down
* *COMMERZBANK CUTS DEUTSCHE BANK PT TO EU11 FROM EU15

>>> Initiation
* Hammerson Resumed at Morgan Stanley With Overweight; PT 6 Pounds
* Recticel Rated New Buy at Berenberg; PT 13 Euros

>>> Call