Ratings of the day 21.04.2017

UPGRADES:
• ABB raised to buy at SEB Equities
• ASML raised to add at AlphaValue
• Akzo Nobel raised to outperform at Raymond James, PT EU87
• Atrium Ljungberg raised to hold at Carnegie, PT SEK140
• CRH raised to buy at BofAML, PT 3,000p
• Debenhams raised to hold at Deutsche Bank
• Domino’s raised to buy at Peel Hunt
• Econocom Group raised to buy at Oddo & Cie
• Elisa raised to neutral at Swedbank, PT EU31
• FLEX LNG raised to buy at Fearnley, PT NOK16
• Gas Natural raised to buy at SocGen, PT EU22.50
• Lancashire raised to market perform at KBW, PT 691p
• Millicom raised to outperform at RBC, PT SEK630
• NRC raised to buy at DNB Markets, PT NOK70
• National Grid raised to neutral at Macquarie, PT 1,005p
• Sabadell raised to strong buy at Alantra Equities, PT EU2.08
• Sanofi raised to hold at New Street Research, PT EU79
• Skanska raised to hold at SEB Equities, PT SEK199
• Somfy raised to buy at SocGen, PT EU475
• Sulzer raised to buy at UBS, PT CHF125
• TalkTalk raised to buy at HSBC, PT GBP2.50
• Virgin Money raised to buy at Citi
DOWNGRADES:
• AstraZeneca cut to neutral at Swedbank, PT SEK540
• Centrica cut to neutral at Macquarie, PT GBP2.20
• EKF Diagnostics Holdings cut to sell at Panmure Gordon & Co
• Elisa cut to hold at Evli, PT EU32
• Essentra cut to sell at Citi, PT 440p
• Fresenius Medical cut to add at AlphaValue
• Groupe LDLC cut to add at Gilbert Dupont
• Inficon Holding cut to reduce at Bank Vontobel
• Lenta cut to neutral at Citi
• MTU Aero cut to neutral at MainFirst, PT EU126
• Metro cut to dropped coverage at UBS
• Michelin cut to neutral at MainFirst, PT EU117
• Neste cut to underperform at Credit Suisse
• Restaurant Group cut to hold at Peel Hunt
• SSP cut to hold at Panmure Gordon & Co, PT 400p
• Santander cut to sell at Bankhaus Lampe
• Schouw cut to accumulate at Handelsbanken, PT DKK773
• Sobi cut to neutral at Swedbank, PT SEK135
• Suominen cut to hold at Evli, PT EU5
• Telefonica Deutschland cut to hold at M.M. Warburg
• Vernalis cut to hold at Panmure Gordon & Co
• Yara cut to sell at Norne Securities, PT NOK300
INITIATIONS:
• Amerisur Resources New Outperform at BMO, PT GBP0.30
• Avio New Hold at Banca IMI, PT EU13.30
• Axactor New Buy at Carnegie, PT NOK3.60
• Fingerprint Cards New Buy at Swedbank, PT SEK50
• Fortum Resumed Equal-weight at Morgan Stanley, PT EU14
• International Petroleum Corp/Sweden New Buy at Pareto Securities
• Marks & Spencer New Overweight at Barclays, PT GBP4.10
• Songa Bulk New Buy at Fearnley, PT NOK56
• Vastned New Hold at Kepler Cheuvreux, PT EU37
• Verbund Resumed Equal-weight at Morgan Stanley, PT EU17