>>> Europe : Brokers Upgrades & Downgrades - 21st of October 201

>>> Up
* EDP Raised to Overweight at JPMorgan; PT 4 euros
* Getinge Raised to Hold at SEB Equities; PT 143 kronor
* Norma Raised to Outperform at MainFirst; PT 40 euros
* Pearson Raised to Hold at Deutsche Bank; PT 600 pence
* Sandvik Raised to Buy at Citi
* Sandvik Raised to Buy at SEB Equities; PT 190 kronor
* Yara Raised to Buy at Handelsbanken; PT 410 kroner

>>> Down
* Assa Abloy Cut to Sell at Pareto Securities; PT 220 kronor
* Bobst Cut to Underperform at MainFirst; PT 48 Swiss francs
* Danone Cut to Sector Perform at RBC; PT 72 euros
* Equinor Cut to Hold at Norne Securities; PT 180 kroner
* Groupe Open Cut to Hold at Portzamparc; PT 12.10 euros
* ICADE Cut to Neutral at Invest Securities SA; PT 83.50 euros
* Julius Baer Cut to Neutral at Citi
* Kiadis Pharma Cut to Sell at KBC Securities; PT 3.50 euros
* Kiadis Pharma Cut to Hold at Jefferies; PT 2.50 euros
* Premier Oil Cut to Outperform at RBC; PT 125 pence
* Wirecard Cut to Neutral at MainFirst; PT 150 euros
* Yara Cut to Sector Underperform at Scotiabank; PT 320 kroner

>>> Initiation
* HelloFresh Initiated With Reduce at Kepler as Growth May Slow

>>> Call
* U.K. Stocks ‘Investable Again;’ Morgan Stanley Favors Small Caps
* Overweight Swiss Banks, But More Cautiously, Citi Says; Baer Cut
* Danone Rating Estimates Cut at RBC as Conviction Evaporates
* Sandvik Ratings Upgraded by Citi, SEB Analysts After 3Q Earnings
* *EUROPEAN CONSUMER STAPLES CUT TO UNDERWEIGHT AT MORGAN STANLEY
* *EUROPEAN BANKS UPGRADED TO OVERWEIGHT AT MORGAN STANLEY