>>> Europe : Brokers Upgrades & Downgrades - 4th of December 201

>>> Up
* Ahold Delhaize Upgraded to Buy at Kepler Cheuvreux; PT 20 Euros
* AMS Upgraded to Overweight at Barclays; PT 120 Francs
* DSM Upgraded to Buy at Deutsche Bank; PT Set to 100 Euros
* Evonik Upgraded to Buy at Deutsche Bank; PT Set to 40 Euros
* Randgold Upgraded to Sector Perform at RBC; PT 66 Pounds

>>> Down
* Amundi Downgraded to Hold at Kepler Cheuvreux; PT 78.93 Euros
* Charter Communications Cut to Underweight at Barclays; PT $283
* Lanxess Downgraded to Hold at Deutsche Bank
* Reckitt Benckiser Downgraded to Add at AlphaValue
* Umicore Downgraded to Hold at Deutsche Bank

>>> Initiation
* Aixtron Reinstated at Barclays With Equal-weight; PT 14 Euros
* IQE Rated New Overweight at Barclays; PT 2.10 Pounds
* Mauna Kea Technologies Reinstated Reduce at Kepler Cheuvreux
* Subsea 7 Rated New Underperform at RBC; PT 105 Kroner

>>> Call