| * Accor SA ACCP.PA: Morgan Stanley raises target price to EUR 55 from EUR 53 |
| * Air France AIRF.PA: UBS raises target price to EUR 13.95 from EUR 11.05 |
| * Air Liquide AIRP.PA: UBS raises target price to EUR 210 from EUR 200 |
| * Alzchem Group AG ACT1.DE: Jefferies initiates coverage with buy rating |
| * Alzchem Group AG ACT1.DE: Jefferies initiates coverage with target price EUR 190 |
| * Anglo American AAL.L: BofA Global Research raises PT to 3,800p from 3,700p |
| * Anglo American Plc AAL.L: Barclays raises target price to 3850p from 3550p |
| * Antofagasta ANTO.L: BofA Global Research raises PT to 4,700p from 4,000p |
| * ArcelorMittal SA MT.AS: BofA Global Research raises PT to EUR 65 from EUR 53.5 |
| * ASMI ASMI.AS: BofA Global Research raises PT to EUR 858 from EUR 792 |
| * Aston Martin AML.L: JP Morgan cuts target price to 51p from 58p |
| * Atalaya Mining Copper SA ATYM.L: BofA Global Research raises PT to 1,350p from 1,250p |
| * BASF SE BASFn.DE: Citigroup raises target price to EUR 56 from EUR 52 |
| * Bayer BAYGn.DE: UBS raises target price to EUR 48 from EUR 32 |
| * Beiersdorf BEIG.DE: Deutsche Bank cuts to hold from buy |
| * Boliden BOL.ST: BofA Global Research raises price objective to SEK 520 from SEK 450 |
| * Boliden BOL.ST: Morgan Stanley raises target price to SEK 534 from SEK 348 |
| * Centrica CNA.L: Goldman Sachs raises target price to 232p from 205p |
| * Cerillion Plc CER.L: Berenberg raises target price to 2,200p from 2,125p |
| * CFE CFEB.BR: Degroof Petercam raises target price to EUR 14 from EUR 10 |
| * CFE CFEB.BR: Degroof Petercam raises to buy from hold |
| * Croda CRDA.L: Morgan Stanley raises target price to 3280p from 3030p |
| * Croda International CRDA.L: UBS cuts target price to 4320p from 4360p |
| * Danieli & C Officine Meccaniche SpA DANI.MI: Kepler Cheuvreux raises PT to EUR 83 from EUR 54 |
| * Dormakaba DOKA.S: Barclays cuts target price to CHF 83 from CHF 86 |
| * Dormakaba Holding AG DOKA.S: Kepler Cheuvreux cuts target price to CHF 75 from CHF 81 |
| * DR ING HC F Porsche AG P911_p.DE: Goldman Sachs cuts target to EUR 40 from EUR 46 |
| * Endeavour Mining Plc EDV.L: BofA Global Research raises PT to 5,800p from 5,200p |
| * Endeavour Mining Plc EDV.L: J.P. Morgan raises target price to 6300p from 4900p |
| * Endesa ELE.MC: Barclays raises target price to EUR 34.5 from EUR 29 |
| * Endesa ELE.MC: Exane BNP Paribas raises target price to EUR 34 from EUR 29 |
| * Endesa ELE.MC: Exane BNP Paribas raises to neutral from underperform |
| * Eramet ERMT.PA: BofA Global Research raises PT to EUR 63 from EUR 56 |
| * Exosens EXENS.PA: Deutsche Bank raises target price to EUR 55 from EUR 52 |
| * Exosens Sas EXENS.PA: Berenberg raises target price to EUR 69 from EUR 57 |
| * Exosens Sas EXENS.PA: Citigroup raises target price to EUR 59.3 from EUR 37 |
| * Experian Plc EXPN.L: Morgan Stanley cuts target price to 4100p from 4700p |
| * Forvia FRVIA.PA: Deutsche Bank raises target price to EUR 14.5 from EUR 14 |
| * GBL GBLB.BR: KBC Securities cuts to hold from buy |
| * GBL GBLB.BR: KBC Securities raises target price to EUR 93 from EUR 84 |
| * Getlink GETP.PA: Morgan Stanley cuts target price to EUR 18.5 from EUR 18.6 |
| * Glencore GLEN.L: Barclays raises target price to 550p from 525p |
| * Glencore GLEN.L: BofA Global Research raises price objective to 600p from 560p |
| * Hammerson HMSO.L: Peel Hunt raises target price to 400p from 350p |
| * Hammerson HMSO.L: Stifel raises target price to 375p from 300p |
| * Heidelberg Materials HEIG.DE: RBC cuts target price to EUR 221 from EUR 233 |
| * Hochschild HOCM.L: BofA Global Research raises price objective to 940p from 860p |
| * Hochschild HOCM.L: J.P. Morgan raises target price to 890p from 690p |
| * HSBC HSBA.L: BofA Global Research raises price objective to 1500p from 1450p |
| * HSBC HSBA.L: Morgan Stanley raises target price to 1409p from 1315p |
| * Hydro NHY.OL: BofA Global Research raises PT to NOK 105 from NOK 102 |
| * Johnson Matthey JMAT.L: Berenberg cuts target price to 2250p from 2550p |
| * Kingspan Group Plc KSP.I: Citigroup raises target price to EUR 103 from EUR 94 |
| * Knorr Bremse AG KBX.DE: Goldman Sachs raises target price to EUR 131 from EUR 115 |
| * Koninklijke Ahold Delhaize NV AD.AS: ING raises target price to EUR 40 from EUR 34 |
| * Magnum ICE Cream Company NV MICCT.AS: JP Morgan cuts PT to EUR 13 from EUR 14 |
| * Mondi MNDI.L: Stifel raises target price to 960p from 945p |
| * NKT A/S NKT.CO: JP Morgan raises target price to DKK 752 from DKK 748 |
| * Norbit ASA NORBT.OL: Stifel initiates coverage with buy rating |
| * Norbit ASA NORBT.OL: Stifel initiates coverage with price target NOK 220 |
| * OneSavings Bank OSBO.L: Barclays raises target price to 730p from 620p |
| * Pan African Resources Plc PAFR.L: Peel Hunt raises target price to 200p from 180p |
| * Pennon Group Plc PNN.L: Kepler Cheuvreux raises target price to 520p from 450p |
| * Pernod Ricard SA PERP.PA: Morgan Stanley cuts target price to EUR 78 from EUR 80 |
| * Pernod-Ricard SA PERP.PA: Barclays cuts target price to EUR 94 from EUR 103 |
| * PSP Swiss Property PSPN.S: UBS raises target price to CHF 172 from CHF 162 |
| * Rio Tinto RIO.L: BofA Global Research raises PT to 9,000p from 8,300p |
| * Sandvik AB SAND.ST: Barclays raises target price to SEK 400 from SEK 350 |
| * Schroders SDR.L: Kepler Cheuvreux raises target price to 590p from 468p |
| * SEB AB SEBa.ST: Alphavalue raises to reduce from sell |
| * Severn Trent SVT.L: Kepler Cheuvreux cuts to hold from buy |
| * Severn Trent SVT.L: Kepler Cheuvreux raises target price to 3300p from 3000p |
| * SFC Energy AG F3CG.DE: Berenberg cuts target price to EUR 17 from EUR 18 |
| * SFC Energy AG F3CG.DE: Berenberg raises to buy from hold |
| * Shaftesbury Capital Plc SHCS.L: Jefferies raises target price to 191p from 187p |
| * Solvay SOLB.BR: Barclays raises target price to EUR 22 from EUR 21 |
| * Standard Chartered Plc STAN.L: J.P. Morgan raises target price to 2200p from 2170p |
| * Sunrise Communications AG SUNN.S: New Street Research cuts to reduce from neutral |
| * Swisscom AG SCMN.S: New Street Research cuts to reduce from neutral |
| * Turkiye Sigorta TURSG.IS: HSBC raises target price to TRY 15.85 from TRY 10.9 |
| * Unite Group UTG.L: JP Morgan cuts target price to 710p from 725p |
| * United Utilities UU.L: Kepler Cheuvreux cuts to hold from buy |
| * United Utilities UU.L: Kepler Cheuvreux raises target price to 1450p from 1300p |
| * VAT Group AG VACN.S: Morgan Stanley raises target price to CHF 525 from CHF 400 |
| * Wienerberger WBSV.VI: Barclays cuts target price to EUR 32 from EUR 35 |
| * Wienerberger AG WBSV.VI: Morgan Stanley cuts target price to EUR 29 from EUR 32 |
| * Yellow Cake Plc YCA.L: BofA Global Research cuts PT to 940p from 970p |
