TheChek News Flow

>>> Up

* Caterpillar Raised to Equal-Weight at Morgan Stanley; PT $915
* CNH Industrial Raised to Outperform at Mediobanca SpA; PT $13

* Danske Bank Raised to Buy at Jyske Bank; PT 375 kroner (+)

* Elkem Raised to Buy at SEB Equities; PT 33 kroner

* Eni Raised to Buy at DBS Bank; PT 27 euros

* Halfords Raised to Buy at Canaccord; PT 170 pence (+)

* Repsol Raised to Buy at Goldman; PT 25 euros

>>> Down

* Adecco Cut to Neutral at Citi; PT 18 Swiss francs

* Aker Solutions Cut to Hold at Pareto Securities; PT 45 kroner
* Elf Beauty Cut to Equal-Weight at Morgan Stanley; PT $67

* Hays Cut to Neutral at Citi; PT 33 pence

* Pagegroup Cut to Neutral at Citi; PT 130 pence

* Randstad Cut to Neutral at Citi; PT 25 euros

* Severn Trent Cut to Neutral at Citi; PT 3,329 pence

* Technip Energies Cut to Neutral at Goldman; PT 37 euros

* United Utilities Cut to Neutral at Citi; PT 1,525 pence (+)

>>> Initiation

* Astera Labs Rated New Neutral at Rothschild & Co Redburn (+)

* Celestica Rated New Buy at Rothschild & Co Redburn; PT C$624.86 (+)

* Ciena Rated New Neutral at Rothschild & Co Redburn; PT $416 (+

* Coherent Corp Rated New Buy at Rothschild & Co Redburn; PT $455 (+)

* Credo Technology Rated New Buy at Rothschild & Co Redburn (+)

* Genus Rated New Overweight at JPMorgan; PT 3,200 pence

* Lumentum Rated New Buy at Rothschild & Co Redburn; PT $1,270 (+)
* Var Energi Rated New Buy at William O'Neil

>>> Call

* Goldman’s Covello Says Buy AI Hyperscalers Over Chipmakers
* Paramount Double-Upgraded at Morgan Stanley on Warner Deal