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

>>> Up
* Bayer Reinstated at Credit Suisse With Outperform; PT 95 Euros
* CVS Group Upgraded to Outperform at RBC; PT 11.90 Pounds
* KAZ Upgraded; De-Risking a Way Off But Will Help Case: Liberum
* Randgold ADRs Upgraded to Buy at Desjardins; Price Target $95
* RBS Upgraded to Buy at Citi
* R. Stahl Upgraded to Hold at HSBC; PT 24 Euros
* United Internet Upgraded to Buy at HSBC; PT 53 Euros

>>> Down
* Boozt Downgraded to Hold at Berenberg

>>> Initiation
* Akasol Rated New Buy at Bankhaus Lampe; PT 70 Euros

>>> Call