TheChek News Flow

>>> Up

* Admicom Raised to Buy at Nordea; PT 53 euros

* Amadeus Raised to Buy at HSBC; PT 82 euros

* Delivery Hero Raised to Overweight at Morgan Stanley

* DSM-Firmenich Raised to Buy at Stifel; PT 122 euros

* Dunelm Raised to Buy at HSBC; PT 1,275 pence

* Galderma PT Raised to 117.10 Swiss francs at Berenberg

* Interpublic Raised to Outperform at BNPP Exane; PT $38

* Melexis Raised to Buy at Jefferies; PT 70 euros

* Partners Group Raised to Overweight at Barclays

* Pirelli Raised to Outperform at BNPP Exane
* Reach Subsea Raised to Buy at SpareBank; PT 9 kroner

* Repsol Raised to Buy at UBS

* Saipem Raised to Add at AlphaValue/Baader

* Shell Raised to Buy at UBS

>>> Down

* CVC Capital Cut to Equal-Weight at Barclays; PT 22 euros
* Eni Cut to Neutral at UBS; PT 14 euros

* Evolution Cut to Neutral at Goldman; PT 1,000 kronor

* Haleon Cut to Market Perform at Bernstein

* ISS Cut to Underweight at Morgan Stanley; PT 127 kroner

* Just Group Cut to Add at Peel Hunt; PT 170 pence

* Porsche SE Cut to Underperform at BNPP Exane; PT 31 euros

* SUSS MicroTec Cut to Hold at Jefferies; PT 48 euros

* Swatch Cut to Underperform at RBC; PT 140 Swiss francs

* VAT Cut to Hold at Jefferies; PT 350 Swiss francs

* Wise Cut to Hold at HSBC; PT 1,150 pence

>>> Initiation

* Admiral Reinstated Underperform at Mediobanca SpA

* Aviva Reinstated Neutral at Mediobanca SpA; PT 541 pence

* Legal & General Reinstated Outperform at Mediobanca SpA
* M&G Reinstated Neutral at Mediobanca SpA; PT 220.19 pence

* Phoenix Group Rated New Underperform at Mediobanca SpA

* RHI Magnesita Rated New Buy at Investec; PT 3,900 pence

>>> Call

* Business Services View Raised at Morgan Stanley; Hays, ISS Cut

* Jefferies Sees Modest Semis Growth in 2025, Infineon Top Pick

* Swatch Downgraded at RBC, Structural Trends Are Unsupportive
* Volvo Raised at Morgan Stanley as 2025 a ‘Rising Tide’ in Trucks