TheChek News Flow

>>> Up

* Airbnb Raised to Equal-Weight at Wells Fargo; PT $128

* Airbnb Raised to Equal-Weight at Barclays; PT $120

* Altri Raised to Outperform at Grupo Santander; PT 5.49 euros
* Altria Raised to Buy at UBS; PT $63

* Antofagasta Raised to Buy at Goldman; PT 4,000 pence

* Auto Trader Raised to Equal-Weight at Morgan Stanley

* Balfour Beatty PT Raised to 800 pence at Berenberg (+)

* BNP Paribas Raised to Overweight at JPMorgan; PT 102 euros

* Cleveland-Cliffs Raised to Overweight at Morgan Stanley; PT $17

* Costain PT Raised to 190 pence from 175 pence at Berenberg (+)

* CrowdStrike Raised to Buy at Berenberg; PT $600

* L'Oreal Raised to Buy at UBS; PT 430 euros

* Marriott Intl Raised to Outperform at BMO; PT $370 (+)

* Marks & Spencer Raised to Buy at Berenberg; PT 415 pence

* Norske Skog Raised to Buy at Pareto Securities; PT 25 kroner

* Scout24 Raised to Overweight at Morgan Stanley; PT 114 euros

* SMG SW Raised to Overweight at Morgan Stanley

>>> Down

* AB Foods Cut to Hold at Shore Capital (+)

* Alcon AG Cut to Hold at Stifel; PT 63.96 Swiss francs

* Aviva Cut to Equal-Weight at Morgan Stanley; PT 670 pence

* BE Semiconductor Cut to Hold at Kepler Cheuvreux

* BMW Cut to Underweight at Barclays; PT 82.50 euros

* Cellnex Cut to Neutral at Goldman; PT 31 euros

* GE Vernova Cut to Neutral at Baird; PT $649
* Hannover Re Cut to Equal-Weight at Morgan Stanley; PT 270 euros

* Herantis Pharma Cut to Reduce at Inderes; PT 2.50 euros

* M&G Cut to Equal-Weight at Morgan Stanley; PT 285 pence

* Mattel Cut to Neutral at Goldman; PT $21 (+)

* Metso Cut to Neutral at BofA

* Nucor Cut to Equal-Weight at Morgan Stanley; PT $180

* Porsche Cut to Underweight at Barclays; PT 40 euros

* Rightmove Cut to Underweight at Morgan Stanley; PT 510 pence

* Sandvik Cut to Neutral at BofA

* Sartorius Stedim Cut to Sector Perform at RBC; PT 240 euros

* Sartorius Cut to Sector Perform at RBC; PT 260 euros

* SocGen Cut to Reduce at Kepler Cheuvreux

* Steel Dynamics Cut to Equal-Weight at Morgan Stanley; PT $194

* Unicaja Cut to Neutral at BofA (+)

* Vale ADRs Cut to Neutral at Safra; PT $16

* WAG Payment Cut to Equal-Weight at Morgan Stanley; PT 124 pence

>>> Initiation

* Air France-KLM Rated New Neutral at CIC; PT 12 euros (+)

* Autodesk Rated New Buy at Rothschild & Co Redburn; PT $375

* Avanza Rated New Neutral at Goldman; PT 371 kronor (+)

* Dassault Systemes Rated New Neutral at Rothschild & Co Redburn

* DraftKings Rated New Hold at Texas Capital; PT $39

* Empire Metals Ltd Rated New Speculative Buy at Canaccord (+)

* FinecoBank Reinstated Buy at Goldman; PT 25.30 euros (+)

* Flutter Rated New Buy at Texas Capital; PT $294

* Newron Pharma Rated New Buy at Roth Capital Partners

* Nordnet Rated New Buy at Goldman; PT 310 kronor (+)
* Novo ADRs Rated New Outperform at CICC; PT $73.50

* Pharma Mar Rated New Outperform at Grupo Santander; PT 102 euros

* Swissquote Rated New Neutral at Goldman; PT 479 Swiss francs (+)

>>> Call
* Morgan Stanley Sees ‘Notably Improved’ Sentiment on China Stocks