| * AAK AAK.ST: UBS cuts target price to SEK 365 from SEK 370 |
| * Addtech ADDTb.ST: Kepler Cheuvreux initiates coverage with hold rating; PT SEK 330 |
| * Adriatic Metals Plc ADT1.L: RBC cuts target price to 260p from 295p |
| * Ageas SA AGES.BR: HSBC cuts to hold from buy; raises PT to EUR 58 from EUR 54 |
| * ArcelorMittal SA MT.AS: Jefferies cuts to hold from buy |
| * Autotrader AUTOA.L: Barclays cuts target price to 995p from 1000p |
| * Avon Protection AVON.L: Peel Hunt raises target price to 1,800p from 1,400p |
| * Azimut AZMT.MI: Deutsche Bank raises target price to EUR 28.5 from EUR 27.8 |
| * Banca Mediolanum BMED.MI: Deutsche Bank raises target price to EUR 16.9 from EUR 13.1 |
| * Beiersdorf AG BEIG.DE: Barclays cuts target price to EUR 144 from EUR 148 |
| * Bloomsbury Publishing Plc BLPU.L: Deutsche Bank cuts target price to 796p from 852p |
| * CD Projekt CDR.WA: Barclays raises target price to PLN 118 from PLN 108 |
| * Croda CRDA.L: Jefferies cuts target price to 4,600p from 5,000p |
| * Douglas AG DOU1.DE: UBS cuts target price to EUR 11.5 from EUR 25.5 |
| * Douglas AG DOU1.DE: UBS cuts to neutral from buy |
| * Elia Group SA: KBC Securities Suspends coverage |
| * Epiroc EPIRa.ST: Deutsche Bank cuts target price to SEK 206 from SEK 214 |
| * Exor NV EXOR.AS: Exane BNP Paribas raises to outperform from neutral |
| * Exosens Sas EXENS.PA: Citigroup resumes coverage with neutral rating; PT EUR 37 |
| * Ferrari Group Plc FERGR.AS: Goldman Sachs initiates coverage with buy rating; PT EUR 13.40 |
| * Ferrari Group Plc FERGR.AS: Jefferies initiates coverage with buy rating; PT EUR 10.5 |
| * Fineco FBK.MI: Deutsche Bank raises target price to EUR 18 from EUR 14.8 |
| * Foresight Solar Fund Ltd FSFL.L: RBC cuts target price to 95p from 100p |
| * Forvia SE: Midcap Partners initiates coverage with "hold" rating; target price EUR 10 |
| * Fresenius SE & Co KGaA FREG.DE: UBS raises target price to EUR 47 from EUR 40 |
| * Fuchs SE FPE3_p.DE: Deutsche Bank raises target price to EUR 55 from EUR 54 |
| * Future Plc FUTR.L: JP Morgan cuts target price to 1,395p from 1,422p |
| * Groupe Crit SA: Midcap Partners cuts target price to EUR 87 from EUR 90; rating 'buy' |
| * Huhtamaki HUH1V.HE: Barclays cuts target price to EUR 43 from EUR 45 |
| * Intesa Sanpaolo SpA ISP.MI: Exane BNP Paribas raises to outperform from neutral |
| * JD Wetherspoon JDW.L: Deutsche Bank cuts target price to 450p from 600p |
| * JD Wetherspoon JDW.L: Deutsche Bank cuts to sell from hold |
| * Jeronimo Martins JMT.LS: HSBC raises target price to EUR 18 from EUR 17 |
| * Kingfisher KGF.L: Deutsche Bank cuts target price to 305p from 340p |
| * Kingfisher KGF.L: JP Morgan cuts target price to 230p from 235p |
| * Koninklijke Philips N.V. PHG.AS: Barclays cuts target price to EUR 30.5 from EUR 31 |
| * Luceco Plc LUCEL.L: Peel Hunt raises target price to 190p from 180p |
| * M6-Metropole Television SA MMTP.PA: Barclays raises PT to EUR 12.5 from EUR 11.5 |
| * Medacta Group SA MOVE.S: Morgan Stanley raises target price to CHF 146 from CHF 136 |
| * Mural Oncology Plc MURA.O: Raymond James cuts to outperform from strong buy |
| * Orange SA ORAN.PA: Citigroup cuts to neutral from buy |
| * Pharos Energy Plc PHARP.L: Peel Hunt cuts target price to 55p from 60p |
| * Pollen Street Plc POLNP.L: Barclays raises target price to 950p from 910p |
| * Puig Brands PUIGb.MC: Barclays cuts target price to EUR 22.9 from EUR 23.3 |
| * Qinetiq Group Plc QQ.L: Citigroup cuts target price to 510p from 530p |
| * Randstad NV RAND.AS: Morgan Stanley raises target price to EUR 39 from EUR 38 |
| * Salzgitter AG SZGG.DE: Morgan Stanley raises target price to EUR 16 from EUR 15.4 |
| * Sandoz Group AG SDZ.S: RBC raises target price to CHF 44 from CHF 42 |
| * Shell Plc SHEL.L: Barclays raises target price to 4000p from 3600p |
| * Shell Plc SHEL.L: Berenberg raises target price to 3,300p from 3,250p |
| * Shell Plc SHEL.L: RBC raises target price to 3800p from 3500p |
| * Smiths Group SMIN.L: HSBC cuts target price to 2730p from 2780p |
| * Snam SpA SRG.MI: Morgan Stanley raises target price to EUR 4.9 from EUR 4.7 |
| * Sodexo EXHO.PA: Goldman Sachs cuts to neutral from buy; cuts PT to EUR 73 from EUR 96 |
| * SSAB SSABa.ST: Morgan Stanley raises target price to SEK 63 from SEK 55 |
| * Symrise AG SY1G.DE: Jefferies cuts target price to EUR 104 from EUR 114 |
| * Tele2 AB TEL2b.ST: Citigroup raises target price to SEK 146 from SEK 130 |
| * Television Francaise 1 SA TFFP.PA: Barclays raises target price to EUR 9 from EUR 8.5 |
| * ThyssenKrupp AG TKAG.DE: Morgan Stanley raises target price to EUR 6.9 from EUR 6.6 |
| * Tietoevry Oyj TIETO.HE: Morgan Stanley cuts target price to EUR 21.5 from EUR 22.75 |
| * Tietoevry Oyj TIETO.HE: Morgan Stanley cuts to equal weight from overweight |
| * Totalenergies SE TTEF.PA: Citigroup raises target price to EUR 70 from EUR 61 |
| * Totalenergies SE TTEF.PA: Citigroup raises to buy from neutral |
| * TRYG TRYG.CO: HSBC raises target price to DKK 180 from DKK 175 |
| * Tullow Oil Plc TLW.L: Panmure Liberum cuts target price to 28p from 30p |
| * UIHC 4083.SE: HSBC raises target price to sar 195 from sar 177.5 |
| * Valeo VLOF.PA: Midcap Partners initiates coverage with "sell" rating; PT EUR 9 |
| * Vistry Group Plc VTYV.L: Peel Hunt raises target price to 715p from 630p |
| * Vivendi VIV.PA: Deutsche Bank raises target price to EUR 3 from EUR 2.9 |
| * Voestalpine AG VOES.VI: Morgan Stanley raises target price to EUR 25.6 from EUR 24.9 |
| * Wizz Air WIZZ.L: JP Morgan raises target price to 1450p from 1400p |
