>>> Europe : Brokers Upgrades & Downgrades - 29th of January 2016

>>> Up
*JUNIPER NETWORKS RAISED TO OUTPERFORM AT BERNSTEIN
*LINDE RAISED TO OUTPERFORM VS NEUTRAL AT CREDIT SUISSE
*LONMIN RAISED TO BUY VS HOLD AT HSBC
*MITCHELLS & BUTLERS RAISED TO OVERWEIGHT VS NEUTRAL AT JPMORGAN
*NEXTERA ENERGY RAISED TO OUTPERFORM AT BAIRD
*TELE2 RAISED TO SECTOR PERFORM AT RBC CAPITAL

>>> Down
*BUREAU VERITAS CUT TO HOLD VS BUY AT BERENBERG
*FIRSTGROUP CUT TO UNDERPERFORM VS SECTOR PERFORM AT RBC
*SOCIETE GENERALE CUT TO ADD VS BUY AT ALPHAVALUE
*SONOVA CUT TO REDUCE AT HSBC
*STOLT-NIELSEN CUT TO HOLD AT NORDEA
*UNICREDIT CUT TO HOLD VS BUY AT BERENBERG
*WILLIAM DEMANT CUT TO REDUCE AT HSBC

>>> PT Change


>>> Initiation
*INWIT RATED NEW OVERWEIGHT AT BARCLAYS, PT EU6
*WIZZ AIR RATED NEW NEUTRAL AT GOLDMAN, PT 1,932P

>>> Call