s RIO, UBS downgrades ERIC • Wells downgrades TRS & initiates HP/NBR/PTEN (op) and CAM/FTI/NOV/PGN (mp) • Wells assumes BHUCJES/HAUSLB (op) and ESV/HERO/NE/RDC/WFT (mp) and DO/RIGITDW (up) • Topeka initiates IMS (buy), William Blair upgrades FCN Europe Key Research: ••• MS upgrades RIO LN, Exane downgrades EK