FN SW, upgrade PLT IM ••• Medio upgrade BRE IM, Exane initiate GKN LN (b), KepChev upgrade PRS IM ••• Natixis downgrade SAN FP, JMT PL, KBC upgrade PHARMA NA (h) • Danske downgrade OTE1V FH, Nordea downgrade UPM1V FH ••• Investec downgrade CLIN LN, Numis downgrade ATK LN, SocGen dig BAYN GY Reporting Pr