>>> Europe : Brokers Upgrades & Downgrades - 22nd of March 2018

>>> Up
* Aixtron Upgraded to Hold at DZ Bank; PT 16.80 Euros
* ERG Upgraded to Reduce at AlphaValue
* Esure Upgraded to Neutral at JPMorgan
* General Mills Upgraded to Hold at SocGen; Price Target $48
* Glaxo Upgraded to Equal-weight at Morgan Stanley; PT 14 Pounds
* Hastings Upgraded to Overweight at JPMorgan
* Reckitt Benckiser Upgraded to Buy at SocGen; PT 65 Pounds
* SKF Upgraded to Hold at Berenberg
* Wacker Chemie Upgraded to Overweight at JPMorgan

>>> Down
* Commerzbank Cut to Reduce at Kepler Cheuvreux; PT 11 Euros
* Kambi Group Cut to Hold at SEB Equities; Price Target 115 Kronor
* Schoeller-Bleckmann Cut to Reduce at Kepler Cheuvreux
* Suez Downgraded to Underperform at RBC; PT 11 Euros

>>> Initiation
* MercadoLibre Reinstated Underweight at Morgan Stanley; PT $330
* NOS Reinstated at Goldman With Neutral; PT 5.50 Euros
* Puma SE Reinstated at DZ Bank With Hold; PT 450 Euros
* Sweco Rated New Hold at Kepler Cheuvreux; PT 190 Kronor

>>> Call