>>> Europe - Brokers Upgrades & Downgrades - 2nd of June 2015

>>> Up
*CAIRN ENERGY RAISED TO BUY VS HOLD AT JEFFERIES
*KONE RAISED TO BUY AT NORDEA
*LEG IMMOBILIEN RAISED TO BUY VS HOLD AT BANKHAUS LAMPE
*TIETO RAISED TO BUY VS NEUTRAL AT UBS

>>> Down
*CENTAMIN CUT TO SECTOR PERFORM VS OUTPERFORM AT RBC
*LUNDIN MINING CUT TO NEUTRAL VS BUY AT GOLDMAN
*SCOR SE CUT TO SECTOR PERFORM AT RBC CAPITAL

>>> PT Change

>>> Initiation

>>> Call