>>> Europe : Brokers Upgrades & Downgrades - 26th of October 201

>>> Up
* AMS Raised to Add at AlphaValue
* Eramet Raised to Add at AlphaValue
* Eurofins Scientific Raised to Hold at HSBC, PT EU525
* Gesco Raised to Buy at Bankhaus Lampe

>>> Down
* Cloetta Cut to Hold at SEB Equities, PT SEK28
* Commerzbank Cut to Neutral at MainFirst, PT EU12.50
* H&M Cut to Underweight at Santander, PT SEK174
* Luxottica Cut to Sell at SocGen, PT EU44
* OHB Cut to Reduce at HSBC, PT EU36
* Refresco Cut to Hold at SocGen, PT EU20

>>> Initiation


>>> Call