TheChek News Flow

>>> Up

* Burberry Raised to Overweight at Barclays; PT 1,450 pence

* Credit Agricole Raised to Outperform at Oddo BHF; PT 20 euros

* Elia Group Raised to Accumulate at KBC Securities; PT 135 euros

* Eurobank Raised to Outperform at Mediobanca SpA; PT 4.70 euros

* Hexatronic Raised to Buy at ABG; PT 30 kronor
* Redeia Raised to Buy at Bestinver; PT 16.50 euros

* Sampo Raised to Accumulate at Inderes; PT 10 euros

>>> Down

* Aker BP Cut to Sell at Norne Securities; PT 270 kroner
* Austevoll Seafood Cut to Hold at Arctic Securities; PT 98 kroner

* BASF PT Cut to 36 euros from 40 euros at JPMorgan

* Computacenter Cut to Neutral at Cantor; PT 3,500 pence

* Emerson Electric Cut to Market Perform at Oppenheimer

* Nordea Bank Cut to Underperform at Mediobanca SpA

* Serco Cut to Add at Peel Hunt; PT 329 pence

* Siemens Cut to Reduce at Kepler Cheuvreux; PT 230 euros

* Stolt-Nielsen Cut to Hold at ABG; PT 356 kroner

* Jyske Cut to Hold at ABG; PT 940 kroner

>>> Initiation

* ABN Amro GDRs Reinstated Hold at Jefferies; PT 38 euros

* AstraZeneca Rated New Buy at Citi; PT 17,000 pence

* Fielmann Reinstated Buy at Berenberg; PT 56 euros

* Fjord Defence Group ASA Reinstated Buy at Pareto Securities

* GSK Rated New Neutral at Citi; PT 1,900 pence
* ING Reinstated Buy at Jefferies; PT 27 euros

* Novartis Rated New Buy at Citi; PT 133 Swiss francs

* Novo Rated New Neutral at Citi; PT 400 kroner

* Roche Rated New Buy at Citi; PT 400 Swiss francs

* Sanofi Reinstated Neutral at Citi; PT 85 euros

>>> Call
* AstraZeneca, Novartis are Citi’s Top European Big Pharma Picks