>>> Europe : Brokers Upgrades & Downgrades - 25th of April 2017

>>> Up
*Baloise Raised to Neutral at JPMorgan, PT CHF165
*Carillion Raised to Overweight at JPMorgan, PT 292p
*KBC Raised to Buy at HSBC, PT EU72
*Millicom Raised to Hold at ABG, PT SEK500
*Porsche Raised to Buy at SocGen, PT EU66
*SSAB Raised to Hold at Pareto Securities, PT SEK38
*SSAB Raised to Add at AlphaValue
*Weir Raised to Overweight at JPMorgan, PT 2,175p

>>> Down
*Antofagasta Cut to Sell at Goldman
*Aker Solutions Cut to Hold at Pareto Securities
*Atlantia Cut to Neutral at UBS
*Atos Cut to Hold at SocGen, PT EU119
*Atos Cut to Equal-weight at Barclays
*BHP Cut to Sell at Goldman, PT 1,100p
*Gemalto Cut to Hold at SocGen
*Glaxo Raised to Hold at Erste Group
*Investor AB Cut to Neutral at Swedbank, PT SEK405
*Nyrstar Cut to Neutral at Goldman
*Philips Cut to Hold at SocGen, PT EU35
*ProSieben Cut to Underperform at Macquarie, PT EU32
*Red Electrica Cut to Hold at Deutsche Bank
*Sartorius Cut to Reduce at Equita SIM, PT EU66
*Stabilus Cut to Hold at Bankhaus Lampe, PT EU65
*Stora Enso Cut to Hold at DNB Markets, PT EU11.70


>>> initiation
*All for One Steeb New Buy at Baader-Helvea, PT EU75
*Amundi New Outperform at Credit Suisse on Scale, Efficiency
*Coloplast New Sell at Erste Group
*Kering New Buy at Erste Group
*Prosegur Cash New Buy at Goldman, PT EU2.45
*Prosegur Cash New Buy at HSBC, PT EU2.75

>>> Call