TheChek News Flow

>>> Up
* AB Foods Raised to Buy at Deutsche Bank; PT 2,180 pence

* AMD Raised to Overweight at Barclays

* Galapagos Raised to Hold at Jefferies

* Microsoft PT Raised to $280 from $270 at Jefferies

* Qualcomm Raised to Overweight at Barclays

* Remy Cointreau Raised to Buy at Citi; PT 200 euros

* Seagate Raised to Overweight at Barclays

>>> Down

* Berkeley Cut to Hold at Jefferies; PT 4,651 pence

* Billerud Cut to Hold at SEB Equities; PT 142 kronor

* Cellnex Cut to Sector Perform at RBC; PT 40 euros

* Check Point Software Cut to Hold at Deutsche Bank; PT $150

* Diana Shipping Cut to Hold at Arctic Securities; PT $4

* Eagle Bulk Cut to Hold at Arctic Securities; PT $55

* G5 Entertainment Cut to Hold at Handelsbanken

* Golden Ocean Cut to Hold at Arctic Securities; PT 98.37 kroner
* Marks & Spencer Cut to Hold at Numis; PT 160 pence

* Technogym Cut to Hold at Stifel; PT 8.50 euros

>>> Initiation

* GVS Rated New Buy at Berenberg; PT 7.50 euros
* Intercontinental Exchange Rated New Hold at Baptista Research

* Lundbeck Rated New Neutral at Citi; PT 30 kroner

* Pendragon Resumed Buy at Jefferies; PT 25 pence

* UPS Reinstated Hold at Baptista Research; PT $190

>>> Call

* Cellnex Cut at RBC After Rally on ‘Unwarranted M&A Enthusiasm’

* GVS Offers Appealing Valuation, Berenberg Initiates at Buy

* K+S Dividend Cut Likely in 2023 on Free Cash Flow Fall: Warburg

* MS Sees More Balanced Energy Outlook; Raises Aramco, Cuts Shell

* Morgan Stanley’s Wilson Says US Stocks Not Pricing Weak Data

* Remy Cointreau Raised at Citi With ‘Sizeable’ Re-Rating Expected

* French Defense Budget a ‘Significant Positive’ for Thales: Citi

* UK Housebuilders No Longer Oversold, Berkeley Cut: Jefferies