TheChek News Flow

>>> Up

* Biohit Raised to Buy at Inderes; PT 3.50 euros

* Cytokinetics Raised to Buy at UBS; PT $115 (+)

* EDP Renewables SA Raised to Buy at CaixaBank BPI; PT 17 euros (+)

* FlatexDEGIRO PT Raised to 51 euros from 48 euros at BofA (+)

* Grenergy Renovables Raised to Buy at CaixaBank BPI (+)
* KPN Raised to Buy at Kepler Cheuvreux; PT 5.30 euros

* Puig Raised to Outperform at BNP Paribas; PT 20.50 euros

* Puig ADRs Raised to Outperform at BNP Paribas; PT $11.70

* PVA TePla Cut to Hold at Bankhaus Metzler; PT 41 euros (+)

* REN Raised to Neutral at CaixaBank BPI; PT 3.85 euros (+)

* Securitas Raised to Buy at ABG; PT 175 kronor

>>> Down

* Adobe Cut to Neutral at Phillip Secs; PT $203

* Banca IFIS Cut to Neutral at Intesa Sanpaolo; PT 15.20 euros (+)

* Bravida Cut to Hold at ABG; PT 135 kronor
* Essity Cut to Sell at SB1 Markets; PT 270 kronor

* Nagarro Cut to Sell at mwb research AG; PT 81 euros (+)

* Nokia Cut to Hold at Handelsbanken; PT 12 euros (+)

* Redeia Cut to Neutral at CaixaBank BPI; PT 17 euros (+)

* Salesforce Cut to Neutral at Phillip Secs; PT $166

>>> Initiation

* Alfa Laval Rated New Neutral at SB1 Markets; PT 565 kronor (+)

* Honeywell Aerospace Rated New Hold at TD Cowen; PT $250

* Leonardo Rated New Overweight at Oxcap; PT 60 euros

* Pennon Reinstated Outperform at BNP Paribas; PT 560 pence

* Pennon ADRs Reinstated Outperform at BNP Paribas; PT $15.10

* Rheinmetall Rated New Equal-Weight at Oxcap; PT 1,000 euros
* Saab Rated New Overweight at Oxcap; PT 755 kronor

* Severn Trent Reinstated Neutral at BNP Paribas; PT 3,260 pence

* Severn Trent ADRs Reinstated Neutral at BNP Paribas; PT $44
* Terawulf Rated New Buy at Citi; PT $36

* United Utilities Reinstated Outperform at BNP Paribas

* United Utilities ADRs Reinstated Outperform at BNP Paribas

>>> Call

* Deutsche Bank Sees European 2Q Earnings Growth Above Consensus (+)

* Gerresheimer Drops as Guidance Cut on Challenging Environment (+)

* Goldman’s Snider Says Growth, AI Boom to Drive S&P 500 Earnings (+)
* Morgan Stanley Favors Breadth Trade as Earnings Recovery Spreads (+)

* Novo Drops; JPMorgan Notes Consensus Already Sees Guidance Raise (+)

* Prada assumed with an Equal Weight at Morgan Stanley (+)

* Puig Shares Rise as BNP Paribas Upgrades to Outperform (+)

* RBC’s Calvasina Raises S&P 500 Target on Robust Earnings Outlook (+)