Epstein Secrets

arnegie upgrades METSB FH • Evercore downgrades UHR VX, Evli downgrades LAT1V FH, GS removes ABBN SW from CL Sell list, JPM downgrades PAG LN ••• Kepler upgrades NESTE FH, LBBW upgrades UBSG VX & downgrades ABBN VX, Numis upgrades JMAT LN ••• MainFirst upgrades DSV DC, PWTN SW, KNIN VX & downgrades M

& exclusivity discussions (trading -16.8%) • Neste O4 net beats consensus estimates, dividend €1/share beats forecasts, high SI (trading +8.0%) • Metso O4 operating profit misses estimates due to margins, orders beat, outlook ok (trading +3.1%) • Fingerprint Q4 #'s beat, narrows guidance, split & b

ALO FP & cuts NOVN SW, Barcap upgrades DANSKE DC ••• Nomura downgrades ERICB SS, Nordea cuts LUPE SS & upgrades OPERA NO/NETB SS EFTA00370758 ••• Kepler upgrades LNZ AV (buy), Swedebank downgrades ERICB SS, Pareto cuts HEX NO (sell) DB upgrades PHOR RU (buy), Mediobanca upgrades MSK IM, Berenberg upg

+15%, no change in guidance (trading +6.9%) • UCB O1 sales €840 million (3% miss versus consensus), but reiterates FY guidance (trading +2.1%) • Metso orders €875M vs est €895M, EBIT €76M vs est €87M, focus still on WEIR bid spec (trading -1.1%) • Swiss watch exports: headline number weaker (-0.3%

RU (buy) • Mainfirst initiates PTC PL/TIT IM (op) and TEF SM (up), MS cuts TRN IM & upgrades FIVE LN • Swedbank cuts AXFO SS, Natixis cuts WHA NA, Kepler upgrades CGCBV FH (buy) • SEB Enskilda downgrades MEO1V FH and OTE1V FH (sell) SocGen initiates SOLB BB (buy) & downgrades ENEL IM and RCO FP (sell

value of E1.3 billion (trading +0.28%) • Hargreaves Lansdown record level AUM (increase of £2.3 billion in O1 to £45.7 billion (trading -3.4%) • Metso board rejects Weir proposal to commence talks regarding potential combination (trading -3.1%) Leading European Sectors: Autos/Parts +1.58%, Media +1