TheChek News Flow

>>> Up

* Adidas Raised to Outperform at RBC; PT 200 euros

* ADP Raised to Outperform at Mediobanca SpA; PT 146 euros (+)

* AMD Raised to Accumulate at Phillip Secs; PT $195

* CMC Markets PT Raised to 200 pence from 140 pence at Peel Hunt (++)

* EDP Renovaveis Raised to Outperform at Mediobanca SpA (+)

* Informa Raised to Buy at UBS; PT 933 pence (++)
* Intermediate Capital PT Raised to 2,300 pence at Jefferies

* J. Martins Raised to Overweight at Barclays; PT 27 euros

* JM Raised to Buy at ABG; PT 220 kronor

* Land Sec. Raised to Overweight at Morgan Stanley; PT 730 pence

* LyondellBasell Raised to Overweight at JPMorgan; PT $100

* National Grid Raised to Buy at Jefferies; PT 1,330 pence

* RedFish LongTerm Capital Rated New Buy at GBC AG; PT 2.40 euros (++)

* Viscofan Raised to Buy at Bestinver; PT 67.60 euros (++)

* Volvo Car Raised to Buy at HSBC; PT 43 kronor

>>> Down

* Aena Cut to Neutral at Mediobanca SpA; PT 180 euros (+)

* Consti Cut to Accumulate at Inderes; PT 12.50 euros
* Diageo Cut to Add at AlphaValue/Baader

* Mattel Cut to Neutral at JPMorgan; PT $19

* Microsoft Cut to Hold at Punto Casa de Bolsa; PT $416.48

* ProSieben Cut to Sell at SRH AlsterResearch (++)

* Rockwool Cut to Hold at ABG; PT 1,956 kroner (+)

* Trelleborg Cut to Hold at Kepler Cheuvreux; PT 315 kronor (++)

>>> Initiation

* Addlife Cut to Hold at Handelsbanken

* Applus Cut to Sell at Alantra Equities; PT 11 euros (++)
* BASF Rated New Outperform at CICC; PT 52 euros

* Conduit Rated New Outperform at Autonomous; PT 630 pence

* Dalata Rated New Buy at Numis; PT 6.20 euros

* Nemetschek Rated New Buy at UBS; PT 98 euros (++)

* Otovo Reinstated Hold at DNB Markets; PT 2.60 kroner (++)

* Pluxee France Rated New Hold at SocGen; PT 32.50 euros

* Tencent Music ADRs Rated New Accumulate at CLSA; PT $10.50

* Terveystalo Cut to Accumulate at OP Corporate Bank (++)

>>> Call

* Adidas Upgraded at RBC on Product Cycle, Rebased Expectations

* Goldman Strategists See Big Tech’s Returns Dependent on Growth (+)
* Intermediate Capital a Top Pick, PT to Street-High at Jefferies

* Jeronimo Martins Gains as Barclays Upgrades to Overweight (++)

* JM’s Guidance for 2024 Offers Comfort, Upgraded to Buy at ABG

* Konecranes Valuation Too Attractive to Ignore, SEB Raises to Buy (+)

* Land Securities Raised at Morgan Stanley as ‘Lost Decade’ Ends

* L’Oreal Rises; Stifel Lifts PT, Says Premium Valuation Justified (++)

* National Grid Raised at Jefferies on Transmission Grid Overhaul

* Nemetschek Rated New Buy; UBS Sees Growth, Margins Improving (++)

* VW Rated New Buy at Intesa Sanpaolo; PT 157 euros (++)