>>> Europe Brokers Upgrades & DOwngrades : 29th of June 2015

>>> Up
*BREWIN DOLPHIN RAISED TO OUTPERFORM AT RBC CAPITAL
*THYSSENKRUPP RAISED TO BUY AT HSBC
*UNITED UTILITIES RAISED TO BUY AT HSBC

>>> Down
*SEB CUT TO HOLD VS BUY AT DEUTSCHE BANK

>>> PT Change


>>> Initiation
*CLOSE BROTHERS RATED NEW SECTORPERFORM AT RBC, PT 1,600P
*COM HEM RATED NEW NEUTRAL AT CREDIT SUISSE, PT SK73

>>> Call