>>> Europe : Brokers Upgrades & Downgrades - 28th of March 2018

>>> Up
* AB Foods Upgraded to Overweight at Morgan Stanley; PT 30 Pounds
* Actia Group Upgraded to Add at Portzamparc; PT 8.20 Euros
* AT&T Upgraded to Buy at HSBC; PT $41
* Aurubis Upgraded to Neutral at Macquarie; Price Target 66 Euros
* Bacanora Lithium Raised to Outperform at Macquarie
* Bureau Veritas Raised to Buy at Kepler Cheuvreux; PT 22.90 Euros
* Burberry Upgraded to Buy at Goldman
* CGG SA Upgraded to Buy at Goldman; PT 2.57 Euros
* EMS-Chemie Upgraded to Hold at Kepler Cheuvreux; PT 600 Francs
* Freenet Upgraded to Hold at Kepler Cheuvreux; PT 25 Euros
* G4S Upgraded to Hold at HSBC; PT 2.45 Pounds
* Immobiliare Grande Distribuzione SIIQ Raised to Buy at SocGen
* JCDecaux Upgraded to Buy at Kepler Cheuvreux; PT 31 Euros
* Rockwell Automation Raised to Outperform at Wells Fargo; PT $205
* Swatch Upgraded to Buy at Kepler Cheuvreux; PT 475 Francs
* Verizon Upgraded to Buy at HSBC; PT $55

>>> Down
* ABC arbitrage Cut to Hold at Kepler Cheuvreux; PT 7.50 Euros
* Coca-Cola Cut to Equal-weight at Consumer Edge Research; PT $50
* Hunting Downgraded to Neutral at Macquarie; PT 7.10 Pounds
* Prosegur Cash Downgraded to Hold at HSBC; PT 2.90 Euros
* Subsea 7 Downgraded to Hold at Jefferies

>>> Initiation
* Halcor Rated New Buy at Axia Ventures; PT 2.30 Euros
* Hermes International Reinstated Neutral at Goldman

>>> Call