>>> Europe : Brokers Upgrades & downgrades - 8th of October 2015

>>> Up
*APERAM RAISED TO BUY VS NEUTRAL AT GOLDMAN
*BBVA BANCO FRANCES RAISED TO BUY AT SANTANDER
*DSM RAISED TO BUY VS SELL AT ABN AMRO
*FIRSTGROUP RAISED TO NEUTRAL VS SELL AT UBS
*LUFTHANSA RAISED TO SECTOR PERFORM VS UNDERPERFORM AT RBC
*STANDARD CHARTERED RAISED TO BUY VS NEUTRAL AT GOLDMAN
*TULLOW OIL RAISED TO OVERWEIGHT AT JPMORGAN
*WINCOR NIXDORF RAISED TO BUY VS NEUTRAL AT UBS

>>> Down
*ATLAS COPCO CUT TO NEUTRAL VS OUTPERFORM AT EXANE
*COLOPLAST CUT TO SELL VS NEUTRAL AT UBS
*LUNDIN PETROLEUM CUT TO SELL VS NEUTRAL AT UBS
*MARKS & SPENCER CUT TO SELL VS HOLD AT PEEL HUNT
*MAUNA KEA TECHNOLOGIES CUT TO SELL VS BUY AT SOCGEN
*SKF CUT TO UNDERPERFORM VS NEUTRAL AT EXANE
*SOCO INTERNATIONAL CUT TO SELL VS NEUTRAL AT UBS
*SYNGENTA CUT TO HOLD AT BAADER-HELVEA (EARLIER)

>>> PT change


>>> Initiation
*ATLAS COPCO RATED NEW HOLD AT KEPLER CHEUVREUX
*C&W COMMUNICATIONS RATED NEW OUTPERFORM AT RBC; PT 76P
*JULIUS BAER RESUMED AT OUTPERFORM AT MEDIOBANCA; PT CHF53.6
*SANDVIK RESUMED AT BUY AT KEPLER CHEUVREUX; PT SEK91
*SKF RATED NEW BUY AT KEPLER CHEUVREUX
*SYNTHOMER RATED NEW BUY AT BERENBERG; PT 400P

>>> Call
>> Stock
*CAIXABANK ENTERS CONVICTION LIST FOR EUROPE BANKS AT MACQUARIE