BUZZ-Top of the Street: Rotork, Mondi, TUI, Dialog Semi

A round-up of notable broker activity this morning from Europe's top-ranked* analysts:

** HSBC raises valve-control systems maker Rotork (Frankfurt: RO41.F - news) to "buy", saying improving order intake should support further share price gains

** Investec (LSE: INVP.L - news) upgrades packaging group Mondi (Frankfurt: KYC.F - news) to "buy": says co's outlook remains favorable and it expects demand for both containerboard and UFP to remain very healthy

** JP Morgan cuts TUI (LSE: 0NLA.L - news) to "neutral", expects H1 to be less supportive in terms of asset disposals and source market resilience

** JP Morgan raises SSP Group (Frankfurt: 83S.F - news) to "overweight". Says 9 percent YTD share price drop offers attractive entry point, raises margin forecasts, sees a "sustainable efficiencies and market share wins story"

INITIATIONS AND REINSTATEMENTS

** Kepler Cheuvreux starts Dialog Semiconductor (LSE: 0OLN.L - news) with "reduce", saying risk-reward profile not attractive and visibility regarding the Apple (NasdaqGS: AAPL - news) relationship is very low

(*Analyst rankings from Thomson Reuters StarMine. Scale is from 1-star to 5-star with 5 being best. Analysts ranked on earnings accuracy as well as relative performance of recommendations over trailing 12-month & 24-month periods.)