s PDG LN (buy) • Natixis upgrades WPP LN (buy), Nomura upgrades AKZA NA & downgrades AKE FP • Equinet upgrades TUI GR (buy), HSBC downgrades DEB LN/TFG SJ/GARAN TI/YKBNK TI ▪ MS upgrades ASC LN & initiates GTT FP (ow), SEB Enskilda upgrades ELUX.B SS (buy) Reporting Pre-Open: ADS, AN, BAX, BBT, BLK, CMG, DD, D