>>> Europe : Brokers Upgrades & Downgrades - 7th of June 2017

>>> Up
*DONG ENERGY Raised to Buy at HSBC
*Kone Raised to Buy at Berenberg
*Schindler Raised to Hold at Berenberg
*SRV Group Raised to Accumulate at Inderes, PT EU5.10
*Suez Raised to Buy at Kepler Cheuvreux, PT EU19.50

>>> Down
*HAVAS SA Cut to Neutral at MainFirst, PT EU9.25
*Ingenico Group Cut to Neutral at MainFirst, PT EU90
*Nestle Cut to Hold at Berenberg
*SCA Cut to Neutral at Goldman, PT SEK305
*Tate & Lyle Cut to Hold at Jefferies, PT 800p
*Veolia Cut to Hold at Kepler Cheuvreux, PT EU21
*Vivendi Cut to Reduce at Kepler Cheuvreux, PT EU18
*Wipro Cut to Underperform at Jefferies
*Zurich Airport Cut to Neutral at MainFirst, PT CHF240

>>> Initiation
*Kraft Heinz New Buy at Berenberg, PT $102
*Tullow Reinstated Overweight at Barclays, PT 220p

>>> Call
*UNITED INTERNET ADDED TO ALPHA LIST AT BANKHAUS LAMPE
*WACKER CHEMIE ADDED TO ALPHA LIST AT BANKHAUS LAMPE