| * Acciona Energia ANE.MC: Deutsche Bank raises target price to EUR 20 from EUR 19.50 |
| * Admiral ADML.L: JP Morgan raises target price to 3,050p from 2,700p |
| * AG Barr BAG.L: Barclays raises target price to 600p from 522p |
| * Air Liquide AIRP.PA: Citigroup cuts target price to EUR 208 from EUR 210 |
| * Air Liquide AIRP.PA: UBS cuts target price to EUR 200 from EUR 205 |
| * Allfunds ALLFG.AS: Deutsche Bank cuts target price to EUR 8.15 from EUR 8.50 |
| * Allfunds Group Plc ALLFG.AS: Barclays cuts target price to EUR 8.2 from EUR 8.4 |
| * Allfunds Group Plc ALLFG.AS: UBS raises target price to EUR 7.30 from EUR 7.20 |
| * Banca Generali BGN.MI: Barclays raises target price to EUR 62 from EUR 60 |
| * Barclays BARC.L: UBS raises target price to 430p from 415p |
| * Barclays Bank BARC.L: Morgan Stanley raises target price to 400p from 385p |
| * Basic BFIT.AS: UBS raises target price to EUR 23.50 from EUR 19.80 |
| * Big Yellow Group Plc BYG.L: Goldman Sachs raises to buy rating |
| * Big Yellow Group Plc BYG.L: Goldman Sachs raises to buy rating |
| * Bilfinger GBFG.DE: Deutsche Bank raises target price to EUR 105 from EUR 85 |
| * Brembo N.V. BRBI.MI: Deutsche Bank cuts target price to EUR 8 from EUR 10 |
| * Canal+ CAN.L: Barclays raises target price to 340p from 265p |
| * Canal+ CAN.L: Deutsche Bank raises target price to 300p from 270p |
| * Cementir Holding NV CEMI.MI: Kepler Cheuvreux raises to buy from hold |
| * Centrica CNA.L: UBS raises target price to 200p from 180p |
| * Covivio CVO.PA: Morgan Stanley raises target price to EUR 58 from EUR 55 |
| * Croda CRDA.L: Berenberg cuts target price to 3,100p from 3,800p |
| * Croda CRDA.L: BofA Global Research cuts price objective to 3,800p from 4,200p |
| * Croda CRDA.L: Deutsche Bank cuts target price to 3,000p from 3,400p |
| * Croda CRDA.L: Jefferies cuts target price to 3,900p from 4,600p |
| * Croda CRDA.L: JP Morgan raises to overweight from neutral |
| * Croda CRDA.L: UBS cuts target price to 4,500p from 4,600p |
| * Danske Bank DANSKE.CO: Deutsche Bank raises target price to DKK 275 from DKK 270 |
| * Deutsche Bank DBKGn.DE: UBS raises target price to EUR 32 from EUR 25 |
| * Eiffage SA FOUG.PA: Morgan Stanley raises target price to EUR 158 from EUR 156 |
| * Endesa ELE.MC: UBS cuts target price to EUR 25.25 from EUR 25.60 |
| * Endesa SA ELE.MC: Morgan Stanley cuts target price to EUR 24 from EUR 25 |
| * Equinor EQNR.OL: Berenberg cuts target price to NOK 270 from NOK 275 |
| * Ferrexpo FXPO.L: Peel Hunt cuts to hold from buy; cuts target price to 50p from 75p |
| * Forvia FRVIA.PA: Barclays raises target price to EUR 15 from EUR 13 |
| * Franchise Brands Plc FRAN.L: Stifel cuts target price to 260p from 300p |
| * Galderma Group AG GALD.S: RBC raises target price to CHF 128 from CHF 114 |
| * Greencoat Renewables Plc GRPG.I: Stifel cuts to negative from neutral |
| * Greencoat UK Wind Plc UKWG.L: RBC cuts target price to 150p from 160p |
| * Greencoat UK Wind Plc UKWG.L: Stifel cuts to negative from neutral |
| * Hapag-Lloyd AG HLAG.DE: JP Morgan cuts target price to EUR 70 from EUR 75 |
| * Heineken HEIN.AS: HSBC cuts target price to EUR 84 from EUR 86 |
| * Heineken HEIN.AS: HSBC raises to buy from hold |
| * Hermes HRMS.PA: JP Morgan cuts target price to EUR 2,500 from EUR 2,600 |
| * HSBC HSBA.L: Morgan Stanley raises target price to 1,024p from 846p |
| * Indra IDR.MC: UBS raises target price to EUR 43 from EUR 42 |
| * Industrie De Nora SpA DNR.MI: UBS cuts target price to EUR 11.50 from EUR 13.50 |
| * Informa INF.L: Bernstein raises target price to 980p from 970p |
| * Jupiter Fund Management Plc JUP.L: Morgan Stanley raises PT to 140p from 130p |
| * Kering PRTP.PA: Deutsche Bank cuts target price to EUR 168 from EUR 170 |
| * Kering PRTP.PA: TD Cowen raises target price to EUR 240 from EUR 175 |
| * Kering PRTP.PA: UBS raises target price to EUR 215 from EUR 190 |
| * Koninklijke Philips N.V. PHG.AS: UBS raises target price to EUR 28 from EUR 26 |
| * Koninklijke Philips N.V. PHG.AS: Barclays raises PT to EUR 28.5 from EUR 27.5 |
| * Koninklijke Philips N.V. PHG.AS: Morgan Stanley raises PT to EUR 24 from EUR 23 |
| * LVMH LVMH.PA: Barclays raises target price to EUR 530 from EUR 520 |
| * Maersk MAERSKb.CO: JP Morgan cuts target price to DKK 7800 from DKK 7900 |
| * Merck KGaA MRCG.DE: Barclays cuts target price to EUR 150 from EUR 160 |
| * Morgan Sindall Plc MGNS.L: Deutsche Bank raises target price to 5,000p from 4,600p |
| * Natwest Group Plc NWG.L: RBC raises target price to 650p from 475p |
| * Novo Nordisk NOVOb.CO: Barclays cuts target price to DKK 375 from DKK 700 |
| * Novo Nordisk NOVOB.CO: Barclays cuts to equal-weight from overweight |
| * Novo Nordisk NOVOb.CO: BofA Global Research cuts PO to DKK 375 from DKK 550 |
| * Novo Nordisk NOVOb.CO: BofA Global Research cuts to neutral from buy |
| * Novo Nordisk NOVOb.CO: JP Morgan cuts target price to DKK 500 from DKK 650 |
| * Pennon Group Plc PNN.L: Kepler Cheuvreux cuts to reduce from hold |
| * Pennon Group Plc PNN.L: Kepler Cheuvreux raises target price to 450p from 440.20p |
| * Philips PHG.AS: Deutsche Bank raises target price to EUR 24 from EUR 23 |
| * R&S Group RSGN.S: UBS raises target price to CHF 36 from CHF 29.75 |
| * Renewables Infrastructure Group Ltd TRIG.L: Stifel cuts to negative from neutral |
| * Repsol REP.MC: Berenberg raises to buy from hold; raises PT to EUR 16.5 from EUR 12 |
| * Rightmove RMV.L: Deutsche Bank raises target price to 927p from 815p |
| * Rio Tinto RIO.L: Jefferies raises target price to 4650p from 4400p |
| * Saipem SPMI.MI: Barclays cuts target price to EUR 3.3 from EUR 3.4 |
| * SEB SEBa.ST: Deutsche Bank raises target price to SEK 165 from SEK 161 |
| * Siemens SIEGn.DE: Morgan Stanley raises target price to EUR 238 from EUR 232 |
| * SIG Group AG SIGNC.S: Berenberg cuts target price to CHF 17 from CHF 21 |
| * SIG Group AG SIGNC.S: UBS cuts target price to CHF 15.50 from CHF 16 |
| * Sika SIKA.S: Barclays cuts target price to CHF 185 from CHF 200 |
| * Sika SIKA.S: JP Morgan cuts target price to CHF 186 from CHF 195 |
| * Sika SIKA.S: RBC cuts target price to CHF 260 from CHF 270 |
| * Soitec SA SOIT.PA: Bernstein cuts target price to EUR 74 from EUR 85 |
| * Stellantis STLAM.MI: Deutsche Bank cuts target price to EUR 7.50 from EUR 8 |
| * Stellantis N.V. STLAM.MI: UBS cuts target price to EUR 8.50 from EUR 9.70 |
| * Stellantis NV STLAM.MI: Berenberg cuts target price to EUR 9 from EUR 13.5 |
| * Taylor Wimpey TW.L: RBC cuts target price to 130p from 135p |
| * Telenor TEL.OL: Morgan Stanley raises target price to NOK 160 from NOK 155 |
| * Temenos AG TEMN.S: Jefferies raises target price to CHF 85 from CHF 70 |
| * Terna TRN.MI: UBS cuts target price to EUR 8.85 from EUR 8.95 |
| * Thales SA TCFP.PA: Morgan Stanley raises target price to EUR 256 from EUR 250 |
| * Trainline TRNT.L: Panmure Liberum initiates coverage with buy rating; PT 470p |
| * Unicaja Banco SA UNI.MC: Barclays raises target price to EUR 2.3 from EUR 2.2 |
| * Volkswagen AG VOWG.DE: BofA Global Research raises PO to EUR 119 from EUR 111 |
| * Wizz Air WIZZ.L: Deutsche Bank raises to buy from hold |
