TheChek News Flow

>>> Up

* ASML Raised to Outperform at Cowen; PT 550 euros

* Deutz Raised to Buy at HSBC; PT 7.70 euros

* Elisa Raised to Buy at Goldman; PT 65 euros

* Kojamo Raised to Overweight at Barclays; PT 20 euros

* Lenzing PT Raised to 149 euros from 123 euros at Baader Helvea

* Lloyds Raised to Overweight at JPMorgan; PT 51 pence

* National Express PT Raised to 385 pence at Liberum (+)

* Outokumpu Raised to Buy at Kepler Cheuvreux; PT 6 euros (+)

* Richemont Raised to Outperform at Bernstein; PT 116 Swiss francs

* Softcat Raised to Neutral at Citi; PT 1,600 pence

* Swatch Raised to Outperform at Bernstein; PT 353 Swiss francs
* Talanx Raised to Buy at SocGen; PT 45 euros

* Travis Perkins Raised to Outperform at RBC; PT 2,000 pence

* VW Raised to Add at AlphaValue

>>> Down

* ABN AMRO GDRs Cut to Hold at KBC Securities (+)

* ASTM SpA Cut to Hold at SocGen; PT 25.60 euros (+)

* Autoliv GDRs Cut to Hold at Nordea (+)

* Boliden Cut to Sector Perform at RBC; PT 385 kronor

* IAG Cut to Hold at Deutsche Bank; PT 220 pence

* Central Asia Metals Cut to Sector Perform at RBC; PT 310 pence

* Evonik Cut to Hold at M.M. Warburg; PT 32 euros (+)

* Genel Cut to Hold at Canaccord; PT 195 pence (+)
* Mayr-Melnhof Cut to Hold at Deutsche Bank; PT 190 euros

* Plastic Omnium Cut to Neutral at JPMorgan; PT 38 euros

* SGS Cut to Hold at Bank Vontobel; PT 2,900 Swiss francs (+)

* Virgin Money UK Cut to Underweight at JPMorgan; PT 180 pence

* Wallenstam Cut to Underweight at Barclays; PT 120 kronor

>>> Initiation
* Arctic Bioscience Rated New Buy at ABG; PT 57 kroner

* Catena Rated New Buy at Handelsbanken; PT 460 kronor

* CompuGroup Rated New Equal-Weight at Morgan Stanley; PT 66 euros

* Foresight Group Rated New Buy at Jefferies; PT 520 pence

* Helios Towers Rated New Buy at Berenberg; PT 203 pence

* Mears Rated New Buy at Panmure Gordon; PT 308 pence (+)

* Nexus Rated New Buy at Pareto Securities; PT 70 euros (+)

* Novartis Rated New Market Perform at Bernstein

* NP3 Fastigheter Rated New Hold at Handelsbanken; PT 140 kronor

* Sagax Rated New Hold at Handelsbanken; PT 195 kronor

* Science Group Rated New Buy at Stifel; PT 42,200 pence (+)

* Stendorren Fastigheter Rated New Buy at Handelsbanken

>>> Call
* ASML Upgraded at Cowen on Improving EUV Momentum From Next Year

* Astra Vaccine Trial Analysis Better Than Expected: Jefferies (+)

* CompuGroup Needs Innovation to Boost Growth: Morgan Stanley

* Helios Towers Gets Another Buy as Berenberg Sees Strong Growth

* Softcat Can Sustain Premium Valuation, Upgrade to Neutral: Citi

* Stendorren and Catena Favored in Industrial Real Estate: SHB

* Travis Perkins Upgraded With Wickes Demerger Key Catalyst: RBC (+)

* Richemont, Swatch Upgraded at Bernstein on Scope For Rebound

* U.K. Equity Risks Are Skewed to the Upside, Berenberg Says (+) PDF Attached

* Wallenstam Cut, Kojamo Raised as Barclays Switches Preferences (+)