>>> Europe : Brokers Upgrades & Downgrades - 31st of July 2018

>>> Up
* Abcam Upgraded to Buy at Berenberg
* Aegon Upgraded to Neutral at Mediobanca SpA; PT 5.90 Euros
* DNO Upgraded to Buy at DNB Markets; PT 18.40 Kroner
* Tamburi Investment Partners Raised to Buy at Kepler Cheuvreux
* Twitter Upgraded to Neutral at Nomura Instinet; Price Target $31

>>> Down
* Heineken Downgraded to Hold at Jefferies; PT 95 Euros
* Wacker Chemie Cut to Hold at DZ Bank; Price Target 129 Euros

>>> Initiation


>>> Call