LN (sell), Warburg upgrades SWVK GR (buy) ••• DnB upgrades TRYG DC, Exane BNP upgrades HOLN SW/LG FP, Equita upgrades LG FP ;••• Fidentiis upgrades BZU IM (buy), GS upgrades TRYG DC and VIG AV (buy) & cuts STL NO ••• HSBC downgrades VTBR LI, Jefferies upgrades O1BC GR and IMI LN (buy) & initiates AO LN

nitiates CPI LN (b), BEREN upgrades ITK LN & initiates BAB LN (b) Citi initiates TRELB SS (b) & upgrades PNN LN, BEREN initiates SRP LN (h), MS cuts BZU IM Reporting Pre-Open: GCO, JOUT, SBLK, SOL, UNFI Economic Data: Personal Income & Spending @ 8:30am, NAPM-Milwaukee PMI @ 9am, Chicago PMI @ 9:45am

LN, Numis downgrades LSE LN ••• Natixis reit buy Fl IM & neutral UG FP, Numis upgrade STJ LN, Danske downgrade FUM1V FH, Intermonti upgrade IT IM, BZU IM, CEM IM Reporting Pre-Open: COV, HAL, HON, KMB, PG, WY, ACO, CMCO, IMGN, LKFN, OSK, PB, TMP, WTBA Reporting Post-Close: BH Economic Data: New Home