TheChek News Flow

>>> Up
* Alfa Laval Raised to Buy at DNB Markets; PT 335 kronor

* AstraZeneca Raised to Buy at Jefferies; PT 8,850 pence

* AstraZeneca ADRs Raised to Buy at Jefferies; PT $61.50

* CompuGroup Raised to Buy at M.M. Warburg; PT 87 euros (+)

* Danieli Raised to Add at AlphaValue

* Kone Raised to Buy at Berenberg; PT 75 euros

* Mensch und Maschine Raised to Buy at LBBW; PT 61.75 euros

* Norsk Hydro PT Raised, Morgan Stanley Confident in Self-Help

* Siemens Healthineers Raised to Buy at HSBC; PT 53 euros

* Tryg Raised to Buy at Citi; PT 167.60 kroner

* u-blox Raised to Hold at Bank Vontobel; PT 60 Swiss francs (+)

>>> Down

* Adecco Cut to Hold at HSBC; PT 69 Swiss francs

* Ageas Cut to Hold at HSBC; PT 51 euros

* Danone PT Raised at Jefferies on Turnaround Hopes, Low Valuation

* Network International Cut to Equal-Weight at Barclays

* Rana Gruber Rated New Buy at SpareBank; PT 80 kroner

* Retelit Cut to Reduce at Banca Akros (ESN); PT 1.90 euros (+)

* Roche Cut to Hold at Jefferies; PT 330 Swiss francs

* Schindler Cut to Hold at Berenberg
* Zurich Airport Cut to Hold at HSBC; PT 170 Swiss francs


>>> Initiation

* 4basebio UK Societas Rated New Corporate at Finncap (+)

* 888 Rated New Buy at Berenberg; PT 405 pence

* B&M European Rated New Buy at Berenberg; PT 600 pence

* Credit Suisse Trading Strong, Greensill Creates Overhang: RBC (+)

* Enel Cut to Equal-Weight at Morgan Stanley; PT 9 euros
* Italgas Rated New Equal-Weight at Morgan Stanley

* Otis Worldwide Rated New Buy at Berenberg; PT $85

* RNEW LN Rated New Positive at Stifel (+)

* Terna Rated New Underweight at Morgan Stanley

>>> Call

* 888 Growth Outlook Underappreciated, Initiate Buy: Berenberg

* AstraZeneca Up to Buy on ‘Compelling’ Growth Outlook: Jefferies

* Bakkavor Results Have Positive Long-Term Implications: Citi (+)

* B&M Started at Buy as Lockdown and Post-Covid Winner: Berenberg

* EssilorLuxottica Optical Momentum Healthy, Catalysts Coming: RBC (+)

* Ferguson 1H in Line But Cost Pressures in Focus, RBC Says (+)
* JP Morgan Asset Sees Stock Gains on Recovery Even as Yields Rise

* Kone Upped, Schindler Cut, Otis New Buy in Elevators: Berenberg (+)

* Roche Cut to Hold on Risks to Key Growth Drivers: Jefferies

* RWE Guidance in Line, Net Debt Better Than Expected: Jefferies (+)

* Snam, Terna Underweight at Morgan Stanley on Regulatory Risk

* Tryg Raised at Citi; Sees RSA Scandinavia Purchase Standing Out

* Wood Group Showed Strong 2020 Finish for Awards: Jefferies (+)

* Zalando’s FY21 Guidance Ahead of Expectations: Morgan Stanley (+)