TheChek News Flow

>>> Up

* Adyen Raised to Buy at Citi; PT 1,400 euros

* Airbus Raised to Buy at Deutsche Bank; PT 152 euros

* Broadcom Raised to Buy at Summit Insights

* Ericsson Raised to Buy at Jefferies; PT 70 kronor

* Imperial Oil Raised to Neutral at JPMorgan; PT C$97

* LeadDesk Raised to Buy at Inderes; PT 8 euros

* Nexi Raised to Buy at Citi; PT 8.60 euros

* Owens Corning Raised to Buy at Deutsche Bank
* Sainsbury Raised to Buy at Goldman; PT 350 pence

* Watsco Raised to Buy at Deutsche Bank

>>> Down

* Adecoagro Cut to Underweight at JPMorgan; PT $10.50

* Alstom Cut to Neutral at JPMorgan; PT 14.40 euros

* Huhtamaki Cut to Accumulate at Inderes; PT 40 euros

* Epiroc Cut to Underweight at JPMorgan; PT 180 kronor
* Imperial Brands Cut to Sector Perform at RBC; PT 1,800 pence

* KB Home Cut to Sell at Deutsche Bank

* Lam Research Cut to Equal-Weight at Morgan Stanley

* MEG Energy Cut to Neutral at JPMorgan; PT C$33

* MTU Aero Cut to Hold at Deutsche Bank; PT 199 euros

* Nemetschek Cut to Hold at Berenberg; PT 78 euros

* Nokia Cut to Hold at Jefferies; PT 3 euros

* Pool Corp Cut to Hold at Deutsche Bank

* Rexel Cut to Neutral at JPMorgan; PT 25 euros

* Safran Cut to Hold at Deutsche Bank; PT 170 euros

* Sandvik Cut to Neutral at JPMorgan; PT 195 kronor

* Siemens Energy Cut to Underweight at JPMorgan; PT 9.20 euros

* SKF Cut to Underweight at JPMorgan; PT 170 kronor

* Stadler Rail Cut to Underweight at JPMorgan; PT 30 Swiss francs

>>> Initiation

* Alcoa Rated New Hold at HSBC; PT $29

* Hershey Rated New Neutral at DA Davidson; PT $205
* Kingspan Rated New Neutral at Citi; PT 75 euros

* Lancaster Colony Rated New Neutral at DA Davidson; PT $185

* Legrand Rated New Outperform at Cowen; PT 120 euros

* Mondelez Rated New Buy at DA Davidson; PT $83

* Rexel Rated New Outperform at Cowen; PT 30 euros

>>> Call Strategists Have Bad News for Europe Equity Bulls About 2024

*
* Deutsche Bank Sees Builder Strength Ahead Despite Rate Dynamics

* Rexel Levers Are Critical for Margin as Volume, Price Risks Loom

* SEMICONDUCTOR INDUSTRY RAISED TO ATTRACTIVE AT MORGAN STANLEY

* SEMI-CAP INDUSTRY CUT TO CAUTIOUS VS IN-LINE AT MORGAN STANLEY