TheChek News Flow

>>> Up

* Air France-KLM Raised to Overweight at JPMorgan; PT 12 euros

* DoorDash Raised to Overweight at KeyBanc; PT $177

* Elecnor Raised to Add at AlphaValue/Baader (++)

* OKEA Raised to Buy at ABG; PT 27 kroner

* Orion Raised to Buy at Jefferies; PT 63 euros
* Petrobras ADRs Raised to Overweight at JPMorgan; PT $19

* Reach Subsea Raised to Buy at SpareBank; PT 8.50 kroner (++)

* Tenaris ADRs Raised to Neutral at Grupo Santander; PT $35

* Tenaris Raised to Buy at Equita; PT 17 euros (++)

>>> Down

* Addlife Cut to Market Perform at Handelsbanken; PT 195 kronor (+)

* Aubay Cut to Add at IDMidcaps; PT 45 euros (+)

* Aurubis Cut to Hold at Bankhaus Metzler; PT 65 euros (++)

* AXA Cut to Neutral at CIC; PT 40 euros (+)

* Bekaert Cut to Reduce at AlphaValue/Baader

* BioMerieux Cut to Hold at TP ICAP Midcap; PT 117 euros (++)

* Ecopetrol ADRs Cut to Underweight at JPMorgan; PT $8.50
* Enento Group Cut to Hold at SEB Equities; PT 21 euros

* Enento Group Cut to Hold at Danske Bank Markets; PT 20 euros (++)

* Fortrea Cut to Hold at Jefferies; PT $21

* Hexpol Cut to Hold at Nordea; PT 132 kronor

* Highlight Comms Cut to Sell at DZ Bank; PT 1 euro

* Iberdrola downgraded to Neutral from Outperform at Oddo BHF

* Melexis Cut to Hold at Kepler Cheuvreux

* Osmosun Cut to Hold at TP ICAP Midcap; PT 3.60 euros (++)

* Pexip Cut to Hold at Carnegie (+)

>>> Initiation

* Akzo Nobel Rated New Buy at Redburn; PT 80 euros

* Alm Brand Rated New Buy at DNB Markets; PT 15 kroner (++)

* Baloise Reinstated Underweight at JPMorgan; PT 155 Swiss francs

* EDP Renovaveis Rated New Neutral at Kempen & Co; PT 17 euros

* Genovis Rated New Buy at SEB Equities; PT 30 kronor

* Helvetia Rated New Overweight at JPMorgan; PT 170 Swiss francs
* Hexagon Rated New Buy at Stifel; PT 130 kronor

* KPN Rated New Buy at KBC Securities; PT 4.20 euros (+)

* Novonesis Reinstated Buy at Jyske Bank; PT 575 kroner (+)

* Osmosun Cut to Hold at TP ICAP Midcap; PT 3.60 euros '+)

* OVH Rated New Buy at Kepler Cheuvreux; PT 9 euros

* Swiss Life Reinstated Neutral at JPMorgan; PT 720 Swiss francs

>>> Call

* AXA Drops as CIC Downgrades, Sees Limited Upside After Rally (++)

* CITI STRATEGISTS RAISE EUROPE BASIC RESOURCES STOCKS TO NEUTRAL (+)

* Corbion Gains As Kepler Hikes Target, Cites Algae Unit Growth (++)

* Air France-KLM Double-Upgraded as JPMorgan Warms to Airlines (+)

* China’s Stimulus May Cause ‘Pain Trade’ for Cyclicals: Barclays (+)

* Helvetia Jumps as JP Morgan Sees More Earnings Potential; New PT (++)
* Iberdrola Upside Now More Limited, Cut to Neutral at Oddo BHF

* Melexis Slides as Kepler Cheuvreux Downgrades, Slashes Estimates (++)

* Orion Raised at Jefferies on Stronger Nubeqa Peak Sales Outlook