| * Airbus AIR.PA: Deutsche Bank raises target price to EUR 185 from EUR 183 |
| * Aixtron SE AIXGn.DE: Morgan Stanley raises target price to EUR 16 from EUR 13 |
| * Anheuser Busch Inbev SA ABI.BR: Kepler Cheuvreux raises PT to EUR 67 from EUR 64 |
| * Ashtead Group Plc AHT.L: Morgan Stanley cuts target price to 5600p from 6400p |
| * Ayvens SA AYV.PA: UBS initiates coverage with buy rating and target price EUR 12 |
| * Banca Generali BGN.MI: Jefferies raises target price to EUR 44.70 from EUR 44.40 |
| * Banca Mediolanum BMED.MI: Jefferies raises target price to EUR 15.90 from EUR 14.90 |
| * Banca Monte Dei Paschi Di Siena SpA BMPS.MI: BofA Global Research raises price objective to EUR 9.70 from EUR 6.60 |
| * Berkeley Group Holdings Plc BKGH.L: Morgan Stanley cuts target price to 4380p from 4550p |
| * BMW BMWG.DE: Exane BNP Paribas cuts to underperform rating |
| * Campari Group CPRI.MI: Deutsche Bank cuts target price to EUR 5.7 from EUR 5.9 |
| * Carlsberg CARLb.CO: Kepler Cheuvreux raises target price to DKK 900 from DKK 870 |
| * Cvc Capital Partners CVC.AS: Barclays raises to overweight from equal-weight |
| * DHL Group DHLn.DE: UBS cuts target price to EUR 36 from EUR 37.5 |
| * DHL Group DHLn.DE: UBS cuts to sell from neutral |
| * DKSH Holding AG DKSH.S: Berenberg initiates coverage with buy rating |
| * DKSH Holding AG DKSH.S: Berenberg initiates coverage with target price CHF 80.00 |
| * DR ING HC F Porsche AG P911_p.DE: Exane BNP Paribas cuts to neutral rating |
| * Elisa ELISA.HE: Citigroup raises target price to EUR 44 from EUR 37 |
| * Elisa ELISA.HE: Citigroup raises to neutral from sell |
| * ENI ENI.MI: RBC cuts target price to EUR 17 from EUR 18 |
| * Equinor EQNR.OL: RBC cuts target price to NOK 250 from NOK 260 |
| * Finecobank FBK.MI: Jefferies raises target price to EUR 21.50 from EUR 19 |
| * Gjensidige Forsikring GJFG.OL: Citigroup raises PT to NOK 251.20 from NOK 173.10 |
| * Gjensidige Forsikring GJFG.OL: Citigroup raises to neutral from sell |
| * Heidelberg Materials HEIG.DE: BofA Global Research raises PT to EUR 215 from EUR 205 |
| * Holcim HOLN.S: BofA Global Research cuts price objective to CHF 66 from CHF 95 |
| * Holcim HOLN.S: BofA Global Research raises to buy from neutral |
| * Holcim HOLN.S: JP Morgan reinstates coverage with overweight rating; PT CHF 65.00 |
| * Holcim HOLN.S: Morgan Stanley cuts target price to CHF 55 from CHF 97 |
| * Holcim HOLN.S: Morgan Stanley raises to overweight from equal weight |
| * Holcim HOLN.S: RBC cuts target price to CHF 50 from CHF 99 |
| * Holcim HOLN.S: UBS raises target price to CHF 52 from CHF 46 |
| * Hugo Boss AG BOSSn.DE: Baader Helvea cuts target price to EUR 42 from EUR 45 |
| * Hugo Boss AG BOSSn.DE: Baader Helvea cuts to add from buy |
| * Hunting Plc HTG.L: Berenberg cuts target price to 465p from 480p |
| * Hunting Plc HTG.L: RBC raises target price to 440p from 420p |
| * Implenia AG IMPN.S: Berenberg initiates coverage with hold rating; PT CHF 60.00 |
| * Kering PRTP.PA: HSBC cuts target price to EUR 200 from EUR 210 |
| * Mapfre MAP.MC: Barclays raises target price to EUR 3.5 from EUR 2.3 |
| * Mapfre MAP.MC: Barclays raises to equal-weight from underweight |
| * Mears Group Plc MERG.L: Peel Hunt raises target price to 430p from 405p |
| * Melexis N.V. MLXS.BR: Morgan Stanley raises target price to EUR 80 from EUR 60 |
| * Melexis N.V. MLXS.BR: Morgan Stanley raises to overweight from equal weight |
| * Moncler MONC.MI: Citigroup cuts target price to EUR 64 from EUR 71 |
| * Neste Oyj NESTE.HE: RBC raises target price to EUR 13 from EUR 12 |
| * Nexans NEXS.PA: Deutsche Bank initiates coverage with buy rating and PT EUR 131 |
| * Nordic Semiconductor NOD.OL: Morgan Stanley cuts target price to NOK 115 from NOK 125 |
| * Partners Group Holding AG PGHN.S: Barclays cuts target price to CHF 1320 from CHF 1470 |
| * Persimmon Plc PSN.L: Morgan Stanley cuts target price to 1560p from 1590p |
| * Poste Italiane PST.MI: BofA Global Research raises PT to EUR 16.60 from EUR 13 |
| * Poste Italiane PST.MI: Jefferies cuts to hold from buy |
| * Poste Italiane PST.MI: Jefferies raises target price to EUR 18.40 from EUR 18 |
| * Prysmian PRY.MI: Deutsche Bank initiates coverage with buy rating and PT EUR 67 |
| * Repsol REP.MC: RBC cuts target price to EUR 14 from EUR 16 |
| * Rotork Plc ROR.L: JP Morgan raises target price to 390p from 380p |
| * Sandvik AB SAND.ST: JP Morgan raises target price to SEK 225 from SEK 200 |
| * Sap SE SAPG.DE: Jefferies cuts target price to EUR 290 from EUR 300 |
| * Severn Trent SVT.L: Citigroup raises target price to 2875p from 2522p |
| * Shell Plc SHEL.L: RBC cuts target price to 3,400p from 3,800p |
| * Skan Group AG SKAN.S: Baader Helvea cuts target price to CHF 80 from CHF 87 |
| * SKF SKFb.ST: Deutsche Bank raises target price to SEK 204 from SEK 194 |
| * Societe Generale SOGN.PA: UBS raises target price to EUR 49 from EUR 48 |
| * Soitec SA SOIT.PA: Morgan Stanley cuts target price to EUR 50 from EUR 55 |
| * Stolt-Nielsen Ltd SNI.OL: Kepler Cheuvreux raises target price to NOK 260 from NOK 247 |
| * Tate & Lyle Plc TATE.L: UBS initiates coverage with neutral rating and PT 590p |
| * Totalenergies SE TTEF.PA: RBC cuts target price to EUR 75 from EUR 80 |
| * TP TEPRF.PA: BofA Global Research cuts price objective to EUR 105 from EUR 118 |
| * Umicore UMI.BR: Deutsche Bank raises target price to EUR 12 from EUR 9.5 |
| * Unicredit CRDI.MI: BofA Global Research raises price objective to EUR 68 from EUR 65.30 |
| * Vesuvius Plc VSVS.L: JP Morgan raises target price to 380p from 350p |
| * Vistry Group Plc VTYV.L: Morgan Stanley cuts target price to 700p from 730p |
| * Vodafone VOD.L: Citigroup raises target price to 75p from 70p |
