| * Adyen ADYEN.AS: Barclays cuts target price to EUR 1200 from EUR 1450 |
| * Air France Klm SA AIRF.PA: Morgan Stanley cuts target price to EUR 9.6 from EUR 11.7 |
| * Aixtron AIXGn.DE: Barclays raises target price to EUR 33 from EUR 27 |
| * AKER BP AKRBP.OL: Berenberg raises target price to NOK 325 from NOK 240 |
| * Akzo Nobel NV AKZO.AS: Goldman Sachs cuts to neutral from buy |
| * ALFA ALFAAL.L: Barclays cuts target price to 250p from 280p |
| * Amadeus AMA.MC: Barclays cuts target price to EUR 66 from EUR 73 |
| * AMS Osram AMS.S: Barclays cuts target price to CHF 10 from CHF 11 |
| * Anglo American AAL.L: Berenberg cuts target price to 3600p from 3900p |
| * Antofagasta ANTO.L: Berenberg cuts target price to 3700p from 4300p |
| * Aryzta ARYN.S: Kepler Cheuvreux raises target price to CHF 65 from CHF 50 |
| * Aryzta ARYN.S: Kepler Cheuvreux raises to hold from reduce |
| * Beiersdorf AG BEIG.DE: Morgan Stanley cuts target price to EUR 73 from EUR 77 |
| * Berkeley Group BKGH.L: Barclays cuts target price to 4280p from 5230p |
| * Berkeley Group BKGH.L: Berenberg cuts target price to 4000p from 4500p |
| * Berkeley Group BKGH.L: Goldman Sachs cuts target price to 2965p from 3875p |
| * Berkeley Group BKGH.L: RBC raises cuts target price to 3850p from 3900p |
| * Berkeley Group BKGH.L: RBC raises to outperform from sector perform |
| * Bilendi ALBLD.PA: TP ICAP Midcap cuts target price to EUR 26 from EUR 29; rating "buy" |
| * Boliden BOL.ST: Berenberg cuts target price to SEK 600 from SEK 630 |
| * BP BP.L: Berenberg raises target price to 700p from 520p |
| * BP BP.L: Citigroup raises target price to 680p from 540p |
| * BP BP.L: Alphavalue raises to buy from reduce |
| * Capgemini CAPP.PA: Barclays cuts target price to EUR 135 from EUR 150 |
| * Carel Industries SpA CRLI.MI: Goldman Sachs raises to buy from neutral |
| * Coca Cola HBC AG CCH.L: Morgan Stanley cuts target price to 4700p from 4800p |
| * Coca-Cola Hellenic Bc AG CCH.L: Barclays cuts target price to 4900p from 5000p |
| * Cornish Metals Plc TIN.L: Berenberg initiates coverage with buy rating |
| * Cornish Metals Plc TIN.L: Berenberg initiates coverage with PT 196p |
| * Danone DANO.PA: Morgan Stanley cuts target price to EUR 78 from EUR 80 |
| * Delivery Hero SE DHER.DE: Citigroup cuts target price to EUR 16.5 from EUR 19 |
| * Delta Plus Group ALDLT.PA: Portzamparc cuts PT to EUR 64 from EUR 68; rating "buy" |
| * Delta Plus Group ALDLT.PA:TP ICAP Midcap cuts PT to EUR 62 from EUR 64; rating "buy" |
| * Deutsche Bank DBKGn.DE: Morgan Stanley cuts target price to EUR 35 from EUR 40 |
| * Deutsche Boerse DB1Gn.DE: Deutsche Bank raises target price to EUR 300 from EUR 287 |
| * Deutsche Euroshop DEQGN.DE: Kepler Cheuvreux cuts target price to EUR 19.8 from EUR 20.8 |
| * Deutsche Lufthansa AG LHAG.DE: Morgan Stanley cuts PT to EUR 7.5 from EUR 9.4 |
| * Deutsche Lufthansa AG LHAG.DE: Morgan Stanley cuts to equal weight from overweight |
| * Dino Polska DNP.WA: Barclays cuts target price to PLN 35 from PLN 42 |
| * EasyJet Plc EZJ.L: Morgan Stanley cuts target price to 310p from 410p |
| * Edenred EDEN.PA: Deutsche Bank cuts target price to EUR 32 from EUR 34 |
| * Electrolux AB ELUXb.ST: UBS cuts target price to SEK 70 from SEK 82 |
| * Elisa Oyj ELISA.HE: UBS raises target price to EUR 48.8 from EUR 45.7 |
| * ENI ENI.MI: Berenberg raises target price to EUR 22 from EUR 17.50 |
| * ENI ENI.MI: Citigroup raises target price to EUR 24 from EUR 20.50 |
| * EQT EQTAB.ST: BofA Global Research cuts price objective to SEK 410 from SEK 460 |
| * Equinor EQNR.OL: Berenberg raises target price to NOK 365 from NOK 225 |
| * Equinor EQNR.OL: Citigroup raises target price to NOK 260 from NOK 220 |
| * Ericsson ERICb.ST: Barclays raises target price to SEK 85 from SEK 70 |
| * Essilorluxottica ESLX.PA: Barclays cuts target price to EUR 320 from EUR 355 |
| * Experian EXPN.L: Goldman Sachs cuts target price to 4060p from 4750p |
| * Ferrexpo FXPO.L: Peel Hunt cuts target price to 40p from 50p |
| * Fortum FORTUM.HE: Citigroup raises target price to EUR 20.5 from EUR 17 |
| * Fortum FORTUM.HE: Citigroup raises to neutral from sell |
| * Galp GALP.LS: Jefferies raises raises target price to EUR 20 from EUR 14.3 |
| * Galp GALP.LS: Jefferies raises to hold from underperform |
| * Glencore GLEN.L: Berenberg raises target price to 630p from 600p |
| * H & M HMb.ST: UBS cuts target price to SEK 180 from SEK 183 |
| * Hammerson HMSO.L: Barclays raises target price to 360p from 335p |
| * Hapag HLAG.DE: UBS cuts target price to EUR 96 from EUR 100 |
| * Harbour Energy Plc HBR.L: Peel Hunt cuts to hold from buy |
| * Henry Boot Plc BOOT.L: Berenberg cuts target price to 230p from 326p |
| * Hexagon AB HEXAb.ST: Barclays cuts target price to SEK 95 from SEK 105 |
| * Hochschild HOCM.L: Berenberg cuts target price to 590p from 700p |
| * Hypoport SE HYQGn.DE: Deutsche Bank cuts target price to EUR 160 from EUR 318 |
| * ING Group INGA.AS: Kepler Cheuvreux cuts target price to EUR 32.2 from EUR 32.3 |
| * Intertek ITRK.L: Goldman Sachs cuts target price to 5700p from 6610p |
| * Jerónimo Martins JMT.LS: Barclays cuts target price to EUR 23.5 from EUR 24.5 |
| * Julius Baer BAER.S: Morgan Stanley cuts target price to CHF 58 from CHF 59 |
| * Kistos Holdings Plc KIST.L: Berenberg raises target price to 325p from 285p |
| * Klepierre LOIM.PA: Barclays cuts target price to EUR 33 from EUR 34 |
| * Kion Group AG KGX.DE: JP Morgan cuts target price to EUR 71 from EUR 75 |
| * Largo ALLGO.PA: TP ICAP Midcap cuts PT to EUR 4.3 from EUR 4.9; rating "buy" |
| * Lenzing AG LENV.VI: Deutsche Bank cuts target price to EUR 21 from EUR 25 |
| * Leroy Seafood Group ASA LSG.OL: Barclays cuts target price to NOK 48 from NOK 52 |
| * Mondi MNDI.L: JP Morgan raises target price to 990p from 900p |
| * Mowi MOWI.OL: Barclays cuts target price to NOK 245 from NOK 260 |
| * Nemetschek NEKG.DE: Barclays cuts target price to EUR 85 from EUR 95 |
| * Neste Corporation NESTE.HE: Morgan Stanley cuts target price to EUR 27 from EUR 28.5 |
| * Neste Corporation NESTE.HE: Morgan Stanley cuts to equal weight from overweight |
| * Nexi NEXII.MI: Barclays cuts target price to EUR 2.6 from EUR 3.5 |
| * Noba Bank Group NOBA.ST: UBS cuts target price to SEK 120 from SEK 130 |
| * Nokia NOKIA.HE: Barclays raises target price to EUR 5.2 from EUR 4.7 |
| * Novartis NOVN.S: Kepler Cheuvreux raises target price to CHF 135 from CHF 106 |
| * Novonesis NSISb.CO: Alphavalue raises to add from reduce |
| * Pan African Resources Plc PAFR.L: Berenberg cuts target price to 165p from 181p |
| * Petkim PETKM.IS: HSBC raises target price to TRY 12 from TRY 11 |
| * Rational AG RAAG.DE: Deutsche Bank cuts target price to EUR 744 from EUR 757 |
| * Redeia REDE.MC: Jefferies raises PT to EUR 16.5 from EUR 15.8 |
| * Redeia REDE.MC: Jefferies raises to buy from hold |
| * Repsol REP.MC: Berenberg raises target price to EUR 29 from EUR 18 |
| * Repsol REP.MC: Citigroup raises target price to EUR 27 from EUR 21.50 |
| * Richemont CFR.S: Jefferies cuts target price to CHF 165 from CHF 190 |
| * Rio Tinto RIO.L: Berenberg raises target price to 6700p from 6000p |
| * Sage Group SGE.L: Barclays cuts target price to 850p from 900p |
| * Salmar ASA SALM.OL: Barclays cuts target price to NOK 560 from NOK 600 |
| * Sanoma SANOMA.HE: Kepler Cheuvreux cuts target price to EUR 11.4 from EUR 11.7 |
| * Sanoma SANOMA.HE: Kepler Cheuvreux raises to buy from hold |
| * SAP SE SAPG.DE: Barclays cuts target price to EUR 220 from EUR 240 |
| * Serica Energy Plc SQZ.L: Berenberg raises target price to 350p from 300p |
| * Shell SHEL.L: Berenberg raises target price to 4100p from 3300p |
| * SGS SA SGSN.S: JP Morgan raises target price to CHF 119 from CHF 117 |
| * Shell SHEL.L: Citigroup raises target price to 3550p from 2950p |
| * Smurfit Westrock Plc SWR.L: JP Morgan cuts target price to 4,800p from 5,000p |
| * Softwareone SWON.S: Kepler Cheuvreux cuts target price to CHF 8 from CHF 10 |
| * St. James's Place SJP.L: Jefferies cuts target price to 1700p from 1800p |
| * Star 7 SPA STAR7.MI: TP ICAP Midcap cuts target price to EUR 11.9 from EUR 12.4 |
| * Star 7 SPA STAR7.MI: TP ICAP Midcap cuts to "hold" from "buy"; |
| * Tate & Lyle Plc TATE.L: Morgan Stanley cuts target price to 375p from 399p |
| * Temenos TEMN.S: Barclays raises target price to CHF 87 from CHF 85 |
| * Tharisa Plc THST.L: Berenberg raises target price to 220p from 210p |
| * Totalenergies SE TTEF.PA: Berenberg raises target price to EUR 78 from EUR 62 |
| * Totalenergies SE TTEF.PA: Citigroup raises target price to EUR 90 from EUR 75 |
| * Unibail-Rodamco-Westfield URW.PA: Barclays raises PT to EUR 115 from EUR 110 |
| * Verbund AG VERB.VI: Citigroup cuts target price to EUR 60 from EUR 62 |
| * Wise WISEa.L: Barclays raises target price to 1140p from 1130p |
| * Wizz Air Holdings Plc WIZZ.L: Morgan Stanley cuts target price to 900p from 1100p |
