TheChek News Flow

>>> Up

* Argenx Raised to Buy at Kepler Cheuvreux; PT 290 euros

* Azelis Raised to Buy at Goldman; PT 33 euros

* doValue Raised to Accumulate at Banca Akros (ESN); PT 9 euros (+)
* Gestamp Raised to Overweight at Barclays; PT 5.50 euros

* Johnson Matthey Raised to Buy at Stifel; PT 2,675 pence (+)

* Krones Raised to Buy at Deutsche Bank; PT 117 euros

* Superdry Raised to Outperform at RBC; PT 425 pence

* Trainline Raised to Buy at Peel Hunt; PT 440 pence

* Umicore Raised to Buy at KBC Securities (+)

* United Utilities Raised to Reduce at AlphaValue/Baader

* Valeo Raised to Overweight at Barclays; PT 35 euros

>>> Down
* Continental Cut to Underweight at Barclays; PT 95 euros

* Eurofins Scientific Cut to Neutral at Goldman; PT 122 euros

* ING Cut to Sector Perform at RBC; PT 15 euros

* Maisons du Monde Cut to Underperform at Exane; PT 18.50 euros

* Michelin Cut to Equal-Weight at Barclays; PT 150 euros

* TEEC LN Cut to Sector Perform at RBC; PT 105 pence (+)

>>> Initiation
* Ebusco Holding Rated New Overweight at Barclays; PT 40 euros

* Ebusco Holding Rated New Equal-Weight at Morgan Stanley

* Ebusco Holding Rated New Buy at Jefferies; PT 32 euros

* Ebusco Holding Rated New Buy at ING; PT 36.75 euros

* Esker Rated New Buy at Kepler Cheuvreux; PT 410 euros

* Haypp Group Rated New Buy at SEB Equities; PT 67 kronor (+)

* HelloFresh Rated New Buy at LBBW; PT 101 euros

* S&T Rated New Buy at Stifel; PT 30 euros

* Seri Industrial Rated New Buy at Kepler Cheuvreux

* Tungsten West Rated New Buy at VSA Capital Ltd; PT 125 pence

* Vitesco Rated New Neutral at Goldman; PT 46 euros

>>> Call
* Drax Downgraded to Neutral at Citi Following Strong Re-Rating

* Seco Well-Placed to Capture Market Growth, New Buy at Berenberg

* Superdry at Attractive Entry Point, RBC Raises to Outperform

* Trainline Upgraded at Peel Hunt on Weakness, Medium-Term Outlook