>>> Europe : Brokers Upgrades & DOwngrades - 23rd of October 201

>>> Up
* Boliden Raised to Outperform at Credit Suisse
* Generali Raised to Buy at Jefferies, PT EU17.70
* GKN Raised to Hold at Liberum, PT 300p
* SSP Raised to Overweight at Barclays
* Tate & Lyle Raised to Buy at Jefferies, PT 750p

>>> Down
* GE Cut to Underweight at Morgan Stanley, PT $22
* Husqvarna Cut to Hold at Kepler Cheuvreux, PT SEK83
* Iberiabank Cut to Neutral at Baird, PT $78
* IWG Cut to Neutral at Credit Suisse
* IWG Cut to Hold at Berenberg
* Leonteq Cut to Neutral at Credit Suisse
* Ontex Cut to Hold at Bank Degroof Petercam, PT EU32
* President Energy Cut to Market Perform at BMO, PT 0.10p
* Range Resources Cut to Neutral at JPMorgan, PT $22

>>> Initiation


>>> Call
>> Sector
* U.K. LIFE COMPANIES CUT TO BENCHMARK AT CREDIT SUISSE
* U.K. HOUSEBUILDERS CUT TO UNDERWEIGHT AT CREDIT SUISSE
* U.K. DOMESTIC BANKS RAISED TO OVERWEIGHT AT CREDIT SUISSE