esearch: Bofa downgrades PHG/ITW & upgrades TIBX, Citi downgrades GCI & adds BLK to top picks live Key Research: BNP upgrades CON.GR, GS downgrades KSS & reduces target SWM & adds PM to conviction buy list Key Research: MF Global downgrades SBRY.LN & upgrades MRW.LN/TSCO.LN & initiates Euro retail,