Epstein Secrets

ti upgrades PSM GR, CS upgrades CGL LN, CM-CIC upgrades ACA FP (buy) • DB resumes F IM (sell) & upgrades VOLV.B SS, Liberum upgrades CSR LN (buy) • Danske Bank downgrades ATRAV FH, Exane upgrades VIE FP/DNB NO/SEV FP • Equinet upgrades DB1 GR & downgrades G1A GR, Numis upgrades XAR LN (buy) • HSBC upgrades

arcap upgrades LNC & downgrades RGA, GS upgrades GPC and SFUN (buy) • Imperial upgrades ZBRA/GDP and initiates SBGL (op), RBC initiates ATEN (op) • Jefferies upgrades UNFI (buy) and initiates HLT (hold), Nomura upgrades GHL & cuts MSI EFTA00370916 • Raja initiates NMBL (op), Baird initiates LPI (op), UB

spokesman (Reuters) (trading -0.25%) • Hermes/Mulberry: Daily Mail spec Hermes may bid for Mulberry (Hermes denies it completely this morning) • Danske Bank placing: Realdania offering 52M ($16) shares in accelerated book build (trading -4.4%) • TomTom to provide Mercedes-Benz with real-time traffic inf

NH/Samsung (sells), Atlantic initiates COV & VAR (ow's) ••• Multiple BFAM initiations, Citi downgrades JCP, GS removes QCOM from conviction buy ••• Jefferies downgrades MR, Piper initiates PPHMNNDANVUS (ow's) & CLVS (neut) & NAVB (uw) ••• KBW upgrades ICE, Roth initiates CYTX (buy), WBlair initiates BMY (

i names DSM NA to most preferred list (replacing YAR NO), Sarasin upgrades VONN SW EFTA00386143 • BofA downgrades URKA LI, RBS downgrades RWE GY, Danske Bank upgrades PRS NO & downgrades METSB FH • DB upgrades O1BC GR, Equinet downgrades LXS GR & HHFA GY, Exane upgrades CNP FP & downgrades DLG LN • HSBC

hrough JPMorgan, Deutsche and BofA US Key Research: ••• Barcap downgrades FOSL, Citi downgrades AMP, DB downgrades ALL, GS upgrades SHOO (buy) ••• Jefferies downgrades KRFT, Roth initiates CSIQ (buy) & upgrades MSTR (buy) • Piper downgrades QCOM, Raja downgrades EAT & upgrades TCBK, MS downgrades TEVA •