TheChek News Flow

>>> Up
* Befesa PT Raised to 68 euros from 41 euros at Berenberg

* Daimler Raised to Reduce at AlphaValue

* Huhtamaki Raised to Hold at Jefferies; PT 38.30 euros

* ICADE Raised to Overweight at Morgan Stanley; PT 69 euros

* I-RES Raised to Buy at Berenberg; PT 1.75 euros

* Kerry Group Raised to Overweight at JPMorgan; PT 120 euros

* Lookers Raised to Buy at Peel Hunt (+)

* Nestle Raised to Buy at AlphaValue

* L'Oreal Raised to Overweight at Morgan Stanley; PT 350 euros

* Prudential Raised to Outperform at RBC; PT 1,800 pence

* Royal Mail Raised to Buy at SocGen; PT 675 pence (+)

* Stellantis NV Raised to Buy at AlphaValue

* Temenos Raised to Overweight at Barclays; PT 150 Swiss francs

* Uniper Raised to Equal-Weight at Barclays; PT 30 euros

* Virbac Raised to Buy at Jefferies; PT 260 euros

* VW Raised to Add at AlphaValue

>>> Down

* ADS Maritime Holding Cut to Hold at Arctic Securities
* CA Immo Cut to Hold at Wood & Company; PT 41 euros

* Capital & Regional Cut to Sell at Stifel; PT 42 pence (+)

* Dechra Pharma Cut to Hold at Jefferies; PT 3,740 pence

* Entra Cut to Hold at DNB Markets; PT 195 kroner

* Provident Cut to Sell at Canaccord; PT 264 pence (+)

* Remy Cointreau Cut to Equal-Weight at Barclays; PT 173 euros

* Renalytix AI Cut to Hold at Investec; PT 906 pence (+)

* SIG Combibloc Cut to Neutral at Citi
* Software AG Cut to Underweight at Barclays; PT 31.50 euros

* Valora Cut to Market Perform at ZKB; PT 195 Swiss francs (+)

>>> Initiation

* Embracer Group AB Rated New Buy at HSBC; PT 290 kronor

* Grand City Properties Rated New Buy at SocGen; PT 25 euros

* MDxHealth Rated New Outperform at Oppenheimer; PT 2 euros

* Stillfront Rated New Reduce at HSBC; PT 80 kronor

* TAG Immobilien Rated New Buy at SocGen; PT 28.60 euros

* Technip Energies Rated New Neutral at Exane; PT 10.70 euros
* Tritax EuroBox Rated New Buy at Peel Hunt

>>> Call

* Danone Management Changes ‘Not a Clean Break,’ Says Bernstein (+)

* Danone’s Changes at the Top Are a ‘Positive,’ Says Stifel (+)

* Flutter’s Strong Beat to Be Taken Positively, Goldman Says (+)

* Huhtamaki Upgraded at Jefferies, Risks ‘Increasingly Known’ (+)

* Lindt’s Results ‘Beyond Our Wildest Dreams,’ Vontobel Says (+)
* Sampo PT Raised, Morgan Stanley Sees Increased Earnings Quality (+)

* Travis Perkins Could See Upgrades on Decent Trading: Jefferies (+)

* TUI’s Stock Rally Misplaced as Vacation Euphoria Fades: Citi (+)