TheChek News Flow

>>> Up

* Elis Raised to Overweight at JPMorgan; PT 16.50 euros

* Haleon Raised to Overweight at Barclays; PT 360 pence

* Landis + Gyr Raised to Equal-Weight at Morgan Stanley

* Novozymes Raised to Overweight at JPMorgan; PT 500 kroner

* STS Group Raised to Buy at SMC Research; PT 12.60 euros (+)
* Wacker Chemie Raised to Neutral at JPMorgan; PT 104 euros

>>> Down

* Air Liquide Cut to Neutral at JPMorgan; PT 146 euros

* Cyfrowy Cut to Accumulate at Erste Group; PT 21 zloty

* Elmos Semiconductor Cut to Hold at Hauck & Aufhaeuser (+)

* Johnson Matthey Cut to Underweight at JPMorgan; PT 2,000 pence

* Kering Cut to Neutral at UBS; PT 572 euros

* Neinor Cut to Neutral at Grupo Santander; PT 9.40 euros (+)

* Pagegroup Cut to Underperform at Jefferies; PT 400 pence

* Persimmon Cut to Hold at Investec

* SKF Cut to Underweight at Morgan Stanley
* Terna Cut to Underweight at Morgan Stanley; PT 7 euros

* Umicore Cut to Underweight at JPMorgan; PT 27.50 euros

* Wood Cut to Neutral at Citi; PT 150 pence

>>> Initiation

* Argenx ADRs Rated New Outperform at William Blair
* CTP Rated New Outperform at Oddo BHF; PT 14.50 euros

* Epiroc Assumed Equal-Weight at Morgan Stanley; PT 192 kronor

* Greenyard Rated New Hold at ING; PT 7 euros

* IMI Assumed Equal-Weight at Morgan Stanley

* JDE Peet's Rated New Overweight at Barclays; PT 40 euros

* JD.com ADRs Rated New Hold at Baptista Research; PT $64

* Lords Group Trading Rated New Buy at Stifel; PT 100 pence (+)

* Metso Outotec Assumed Equal-Weight at Morgan Stanley

* Supermarket Income Rated New Hold at Shore Capital (+)

* Thermo Fisher Rated New Outperform at RBC; PT $661

* Weir Assumed Underweight at Morgan Stanley

>>> Call

* JPM Upgrades Novozymes, Cuts Umicore Among European Chemicals (+)

* JDE Peet’s New Overweight at Barclays on Defensive Positioning
* MS Prefers Defensive Capital Goods Names, Cuts Three Stocks

* Pagegroup Downgraded at Jefferies Following Outperformance

* Terna Cut as Morgan Stanley Sees Too Much Growth Priced In

* Subsea 7, Technip Energies, Aker CC Preferred at Citi; Wood Cut