>>> Europe : Brokers Upgrades & Downgrades - 4th of July 2017 {US}

>>> Up
*UniCredit Raised to Overweight at JPMorgan, PT EU21

>>> Down
*Baloise Cut to Reduce at HSBC, PT CHF136
*EDF Cut to Reduce at HSBC, PT EU8.40
*Gurit Holding Cut to Hold at Baader-Helvea, PT CHF1,100
*HSBC Cut to Hold at Berenberg
*Huber + Suhner Cut to Hold at Baader-Helvea, PT CHF71
*Tryg Cut to Hold at SEB Equities

>>> Initiation
*Betsson New Hold at Berenberg, PT SEK75
*FF Group New Buy at Mirabaud Securities, PT EU27.50
*Kindred New Sell at Berenberg, PT SEK80
*Statoil New Hold at Kepler Cheuvreux, PT NOK140
*VAT New Buy at Baader-Helvea, PT CHF140

>>> Call