downgrade IHG LN
e DB downgrade SAF FP, Exane downgrade PHIA NA, IMI LN
• GS upgrade FP FP, HSBC downgrade MLP GY, upgrade SDRL NO
JPM downgrade GLEN LN, BDEV ... downgrade SMIN LN
0- UBS initiate BOY LN, MGAM LN, SPX LN (buy), IMI LN, XAR LN, HLMA LN (n), VSVS LN (s)
Reporting Pre-Open: AEE, CHTR, DISH