grade JMT PL, -ye Fl IM ••• Nomura upgrade DLG LN, downgrade RSA LN, GS remove HALKB TI (b) from focus list, add YKBNK TI (s) ••• Natixis downgrade BN FP, Chev downgrade RDSA LN, +ve UHR VX, Mainfirst —ve SDF GY ••• Oddo Euro Construction: (top pick HOLN VX, worst pick CRH ID), downgrade LG FP, SGO FP

, upgrade YOOX IM • BofAML upgrade BT/A LN, GS upgrade OCDO LN, CS upgrade ASHM LN & SZG GY • CS short list names: AZN LN, EN FP, CARLB DC, CNA LN, BN FP, LXS GY, RBS LN, UU/ LN, WCH GY • CS short list names: SGE LN, SBRY LN, SAND SS, SKFB SS, STAN LN, SWMA SS, SREN SW • MS downgrade GTO FP, DB initi