te ESUR LN (b), Exane downgrade STL NO, IMG LN, Numis initiate ESUR LN (add), ulg BET LN ••• SocGen downgrade DEC FP, MAQ upgrade GKP LN, downgrade IFL LN, Beren downgrade TEL NO ▪ RAYJ downgrade ADP FP, Investec upgrade AFR LN, downgrade FPM LN, AOI SS Reporting Pre-Open: DISCA, DTV, EMR, FE, FOSL, H