RAYJ downgrade MUV2 GY ••• SDR LN added most pref, Bere initiate EGPW IM, SEV FP (b), VIE FP (b), VER AV (s) ••• reinitiate TRN IM (h), SRG IM (h), RWE GY (s), NG/ LN (h), IBE SM (h), GAS SM (s), FUM1V FH (h), - ENEL IM (h), ENEL IM (b), ELE SM (b), EDPL PL (b), EDP PL (b), EOAN GY (s), dig CNA LN EFT

N, UL NA, VCT LN • Panmure upgrades CCC LN, BofA initiates DLG GY (up), Barclays initiates PA/ LN (ow) ••• Citi initiates GET FP (buy), CS upgrades RWE GY, HSBC upgrades KCR1V FH, Natixis upgrades SBO AV ••• JPM adds LAND LN to focus list, Main First upgrades SREN VX, Swedbank upgrades MEDAA SS ••• Ra

GY, Citi 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 DL

, Bern downgrade BARC LN • JP downgrade URKA LI, COLR BB, Barc -Eve ABI BB, Beren initiate VASTN NA (b) ••• MAQ remove ITV from cony buy, downgrade RWE GY, upgrade AF FP ••• HSBC downgrade BNR GY, NXT LN, Citi downgrade DUFN SW, upgrade PLT IM ••• Medio upgrade BRE IM, Exane initiate GKN LN (b), KepCh