ld), Cantor initiates ADN LN/ASHM LN/SDR LN/ARP LN (buy) and HGG LN (hold) ▪ Commerzbank upgrades HENS GR/OR FP (buy), CS downgrades MPI LN/EXPN LN/MPI FP & upgrades GFS LN/STHR LN ▪ DB downgrades TCELL TI & initiates ATO FP (hold) and CAP FP (sell), Equinet downgrades FRA GR • GS downgrades FLU AV and KNIN SW