>>> Europe : Brokers Upgrades & Downgrades - 9th of July 2018

>>> Up
* Altice Europe Upgraded to Top Pick at RBC; Price Target 6 Euros
* Asos Upgraded to Top Pick at RBC
* BP Upgraded to Top Pick at RBC; Price Target 6.75 Pounds
* Drax Upgraded to Top Pick at RBC; Price Target 3.70 Pounds
* EnQuest Upgraded to Speculative Buy at Canaccord
* G4S Upgraded to Top Pick at RBC
* Hansa Medical Raised to Top Pick at RBC; Price Target 330 Kronor
* Just Eat Upgraded to Top Pick at RBC
* KPN Upgraded to Top Pick at RBC
* Legal & General Upgraded to Top Pick at RBC
* Masmovil Upgraded to Top Pick at RBC; Price Target 165 Euros
* Meggitt Upgraded to Buy at Berenberg
* Molecular Partners Upgraded to Top Pick at RBC; PT 41.75 Francs
* National Express Upgraded to Top Pick at RBC
* Ontex Upgraded to Buy at Kepler Cheuvreux; PT 28 Euros
* Phoenix Upgraded to Top Pick at RBC; Price Target 8.20 Pounds
* Premier Oil Upgraded to Top Pick at RBC; PT 1.80 Pounds
* RWE Upgraded to Top Pick at RBC
* Sanne Group Raised to Top Pick at RBC; Price Target 9.50 Pounds
* Severn Trent Upgraded to Top Pick at RBC
* TalkTalk Upgraded to Neutral at JPMorgan; PT 1.10 Pounds
* UniCredit Upgraded to Top Pick at RBC
* Weir Upgraded to Top Pick at RBC
* Wizz Air Upgraded to Top Pick at RBC
* WH Smith Upgraded to Top Pick at RBC

>>> Down
* Cairn Energy Downgraded to Speculative Buy at Canaccord
* Genel Energy Downgraded to Hold at Canaccord
* Hargreaves Lansdown Cut to Underweight at JPMorgan
* Virgin Money Cut to Equal-weight at Barclays; PT 3.80 Pounds

>>> Initiation


>>> Call
* Just Eat, BP, KPN, UniCredit Among Large Cap Top Picks at RBC