| * A2A A2.MI: Morgan Stanley raises target price to EUR 2.45 from EUR 2.40 |
| * Aberdeen ABDN.L: Barclays cuts target price to 155p from 165p |
| * ABN Amro Bank NV ABNd.AS: RBC raises target price to EUR 23 from EUR 18.5 |
| * ABN Amro Bank NV ABNd.AS: RBC raises to outperform from sector perform |
| * Alcon AG ALCC.S: Bernstein raises target price to CHF 99 from CHF 97.5 |
| * Alfa Laval ALFA.ST: Deutsche Bank cuts target price to SEK 518 from SEK 539 |
| * Allianz SE ALVG.DE: Morgan Stanley raises target price to EUR 326 from EUR 300 |
| * Amundi SA AMUN.PA: Barclays raises target price to EUR 78 from EUR 73 |
| * Anglo American AAL.L: Jefferies cuts target price to 2,700p from 3,000p |
| * Antofagasta ANTO.L: Jefferies cuts target price to 1700p from 1850p |
| * Aperam SA APAM.AS: Morgan Stanley cuts target price to EUR 30.10 from EUR 30.30 |
| * ASR Nederland NV ASRNL.AS: HSBC raises target price to EUR 59 from EUR 52.5 |
| * Assicurazioni Generali GASI.MI: Morgan Stanley cuts to equal weight from overweight |
| * Assicurazioni Generali GASI.MI: Morgan Stanley ups target to EUR 33.80 from EUR 32.60 |
| * Atrium Ljungberg AB ATRLJb.ST: Kepler Cheuvreux raises to buy from hold |
| * B&M BMEB.L: HSBC cuts target price to 380p from 640p |
| * BHP Group BHPB.L: Bernstein cuts target price to 2,000p from 2,050p |
| * Boliden BOL.ST: Bernstein cuts target price to SEK 347 from SEK 370 |
| * Bouygues BOUY.PA: JP Morgan raises target price to EUR 39 from EUR 37 |
| * Bunzl BNZL.L: RBC cuts target price to 3,550p from 4,000p |
| * Buzzi SpA BZU.MI: HSBC raises target price to EUR 60 from EUR 50 |
| * Carlsberg As-B CARLb.CO: Barclays cuts target price to DKK 688 from DKK 719 |
| * Currys Plc CURY.L: Citigroup raises target price to 121p from 116p |
| * Danone DANO.PA: Morgan Stanley raises target price to EUR 80 from EUR 67 |
| * Danone DANO.PA: Morgan Stanley raises to overweight from equal weight |
| * Davide Campari N.V. CPRI.MI: Barclays cuts target price to EUR 7.2 from EUR 7.6 |
| * De'Longhi SpA DLG.MI: Barclays initiates with underweight rating and PT EUR 23 |
| * Diageo Plc DGE.L: Barclays cuts target price to 2490p from 2660p |
| * DNB DNB.OL: UBS raises target price to NOK 230 from NOK 225 |
| * DWS Group DWSG.DE: Barclays raises target price to EUR 48 from EUR 45 |
| * DWS Group DWSG.DE: JP Morgan cuts target price to EUR 51.9 from EUR 54 |
| * Enagas ENAG.MC: Barclays cuts target price to EUR 14.1 from EUR 14.4 |
| * Endesa ELE.MC: Morgan Stanley raises target price to EUR 24 from EUR 22.50 |
| * Enel ENEI.MI: Morgan Stanley raises target price to EUR 8.30 from EUR 8 |
| * Eutelsat Communications ETL.PA: Deutsche Bank raises target to EUR 1.95 from EUR 1.60 |
| * Exosens SAS EXENS.PA: TP ICAP Midcap initiates with 'buy' and target price of EUR 40.0 |
| * Finnair FIA1S.HE: Barclays initiates coverage with underweight rating and PT EUR 2.8 |
| * Geberit GEBN.S: HSBC raises target price to CHF 511 from CHF 495 |
| * Glencore GLEN.L: Bernstein raises target price to 470p from 455p |
| * Glencore GLEN.L: Jefferies cuts target price to 380p from 430p |
| * Handelsbanken SHBa.ST: HSBC cuts to hold from buy; cuts PT to SEK 115 from SEK 145 |
| * Heidelberg Materials HEIG.DE: HSBC raises target price to EUR 182 from EUR 122 |
| * Heineken NV HEIN.AS: Barclays cuts target price to EUR 96 from EUR 99 |
| * Henkel HNKG_p.DE: Deutsche Bank cuts target price to EUR 78 from EUR 80 |
| * Hochschild HOCM.L: RBC raises target price to 290p from 270p |
| * Holcim HOLN.S: HSBC raises target price to CHF 92 from CHF 85 |
| * Iberdrola IBE.MC: Morgan Stanley raises target price to EUR 15.80 from EUR 14.50 |
| * Imperial Brands IMB.L: JP Morgan raises target price to 3,300p from 2,900p |
| * Implenia AG IMPN.S: UBS raises target price to CHF 47 from CHF 41 |
| * Italy's Prysmian PRY.MI: Citigroup cuts target price to EUR 66 from EUR 69 |
| * Ithaca Energy ITH.L: HSBC raises target price to 156p from 120p |
| * Jupiter Fund Management Plc JUP.L: Barclays cuts target price to 65p from 70p |
| * Kingspan KSP.I: HSBC raises target price to EUR 89 from EUR 88 |
| * Liontrust Asset Management Plc LIO.L: Barclays cuts target price to 485p from 535p |
| * Logitech International LOGN.S: BofA Global Research ups to neutral from underperform |
| * Logitech International LOGN.S: BofA Global Research cuts price objective to CHF 65 from CHF 80 |
| * Moonpig Group MOONM.L: HSBC raises target price to 330p from 320p |
| * Nestle SA NESN.S: Morgan Stanley cuts to underweight from equal weight |
| * Nestle SA NESN.S: Morgan Stanley raises target price to CHF 79 from CHF 74 |
| * Nordea NDAFI.HE: HSBC raises target price to EUR 11.4 from EUR 11.2 |
| * Nordex NDXG.DE: Deutsche Bank raises target price to EUR 20 from EUR 19 |
| * Orior AG ORON.S: UBS cuts target price to CHF 18.50 from CHF 21 |
| * Pennon PNN.L: UBS cuts target price to 605p from 625p |
| * Pernod-Ricard SA PERP.PA: Barclays cuts target price to EUR 90 from EUR 98 |
| * Rémy Cointreau RCOP.PA: Barclays cuts target price to EUR 31 from EUR 38 |
| * Rio Tinto RIO.L: Bernstein raises target price to 6,200p from 6,000p |
| * Rio Tinto RIO.L: Jefferies cuts target price to 5,700p from 6,000p |
| * Roche Holding AG ROG.S: Morgan Stanley raises target price to CHF 312 from CHF 305 |
| * Rockwool ROCKB.CO: HSBC raises target price to DKK 3600 from DKK 3200 |
| * RWE AG RWEG.DE: Morgan Stanley raises target price to EUR 45 from EUR 44 |
| * S4 Capital Plc SFOR.L: Morgan Stanley raises target price to 35p from 33p |
| * Sagax SAGAa.ST: Kepler Cheuvreux cuts to hold from buy |
| * Saint-Gobain SGOB.PA: HSBC raises target price to EUR 124 from EUR 100 |
| * Sampo SAMPO.HE: Barclays raises target price to EUR 9.5 from EUR 9 |
| * Scandinavian Tobacco Group STOGR.CO: Deutsche Bank raises target to DKK 103 from DKK 102 |
| * SEB AB SEBa.ST: HSBC cuts target price to SEK 170 from SEK 175 |
| * SES SA SESFd.PA: Kepler Cheuvreux raises to buy from hold |
| * SES SA SESFd.PA: Kepler Cheuvreux raises target price to EUR 7.8 from EUR 5 |
| * SKF SKFb.ST: Jefferies raises to hold from underperform |
| * Snam SRG.MI: Morgan Stanley raises target price to EUR 5 from EUR 4.90 |
| * SSE SSE.L: Deutsche Bank cuts target price to 1,850p from 1,900p |
| * Swedbank SWEDa.ST: HSBC cuts target price to SEK 230 from SEK 285 |
| * Swedbank SWEDa.ST: HSBC cuts to hold from buy |
| * Swedbank SWEDa.ST: UBS cuts target price to SEK 260 from SEK 266 |
| * Technogym TGYM.MI: Barclays initiates coverage with equal-weight rating and PT EUR 13 |
| * Travis Perkins TPK.L: Deutsche Bank cuts target price to 650p from 1,020p |
| * Travis Perkins TPK.L: Stifel raises to buy from hold |
| * Tryg TRYG.CO: Barclays raises target price to DKK 190 from DKK 187 |
| * Vaisala Oyj VAIAS.HE: Berenberg initiates coverage with buy rating; target EUR 57 |
| * Vicat VCTP.PA: HSBC raises target price to EUR 63 from EUR 43 |
| * Wienerberger AG WBSV.VI: HSBC raises target price to EUR 41 from EUR 37 |
| * Worldline SA WLN.PA: JP Morgan cuts target price to EUR 7.8 from EUR 8.1 |
| * YouGov Plc YOU.L: HSBC cuts target price to 305p from 410p |
| * Zurich Insurance Group AG ZURN.S: Morgan Stanley raises target to CHF 550 from CHF 510 |
