| * ABB Ltd ABBN.S: Deutsche Bank raises target price to CHF 42 from CHF 41 |
| * Airbus AIR.PA: Barclays raises target price to EUR 220 from EUR 185 |
| * Amplifon SpA AMPF.MI: Morgan Stanley raises target price to EUR 28 from EUR 27.50 |
| * Arkema SA AKE.PA: JP Morgan raises to neutral from underweight |
| * ASR Nederland NV ASRNL.AS: Citigroup cuts to neutral from buy |
| * ASR Nederland NV ASRNL.AS: Citigroup raises PT to EUR 55.31 from EUR 49.81 |
| * Babcock International BAB.L: JP Morgan raises target price to 1,370p from 1,280p |
| * Befesa SA BFSA.DE: Morgan Stanley raises target price to EUR 32 from EUR 26 |
| * Befesa SA BFSA.DE: Morgan Stanley raises to overweight from equal weight |
| * Bouygues BOUY.PA: New Street Research raises target price to EUR 55 |
| * Burberry Group BRBY.L: HSBC raises target price to 1,400p from 1,250p |
| * Burberry Group BRBY.L: Jefferies raises target price to 580p from 490p |
| * Carnival Corp CCL.L: Citigroup raises target price to 2,200p from 2,100p |
| * Compagnie Financiere Richemont SA CFR.S: JP Morgan cuts PT to CHF 178 from CHF 180 |
| * Corbion CORB.AS: Barclays cuts target price to EUR 24 from EUR 25 |
| * Dogus Otomotiv DOAS.IS: HSBC cuts target price to TRY 200 from TRY 240 |
| * DR ING HC F Porsche AG P911_p.DE: RBC initiates coverage with price target EUR 45 |
| * DR ING HC F Porsche AG P911_p.DE: RBC initiates coverage with sector perform rating |
| * Epiroc EPIRa.ST: Deutsche Bank raises target price to SEK 198 from SEK 191 |
| * Ferrovial SE FERF.AS: Exane BNP Paribas raises target price to EUR 42 from EUR 30 |
| * Ferrovial SE FERF.AS: Exane BNP Paribas raises to neutral from underperform |
| * Ferrovial SE FERF.AS: Morgan Stanley raises target price to EUR 56 from EUR 46 |
| * Flughafen Zuerich AG FHZN.S: Jefferies raises target price to CHF 234 from CHF 231 |
| * Ford Otosan FROTO.IS: HSBC cuts target price to TRY 120 from TRY 137 |
| * Genmab GMAB.CO: UBS cuts target price to DKK 2,500 from DKK 2,600 |
| * Heidelberg Materials HEIG.DE: Jefferies raises PT to EUR 217.70 from EUR 203.70 |
| * Hoist Finance AB (Publ) HOFI.ST: Kepler Cheuvreux cuts to hold from buy |
| * Hornbach Holding AG & Co KGaA HBH.DE: Berenberg cuts to hold from buy |
| * Hornbach Holding AG & Co KGaA HBH.DE: Berenberg ups PT to EUR 105 from EUR 100 |
| * Johnson Matthey JMAT.L: Kepler Cheuvreux initiates coverage with hold rating |
| * Johnson Matthey JMAT.L: Kepler Cheuvreux initiates coverage with PT 1,825p |
| * Kering PRTP.PA: Bernstein resumes coverage with market-perform rating; PT EUR 170 |
| * Kering PRTP.PA: JP Morgan cuts target price to EUR 145 from EUR 150 |
| * Kering PRTP.PA: Morgan Stanley cuts target price to EUR 195 from EUR 200 |
| * Liontrust Asset Management Plc LIO.L: Berenberg raises PT to 365p from 330p |
| * Mears Group Plc MERG.L: Deutsche Bank raises target price to 500p from 480p |
| * Melrose Industries Plc MRON.L: Deutsche Bank raises target price to 585p from 560p |
| * Moncler MONC.MI: Kepler Cheuvreux cuts target price to EUR 53 from EUR 60 |
| * MTU Aero Engines MTXGn.DE: Barclays raises target price to EUR 400 from EUR 355 |
| * Ovhcloud OVH.PA: Kepler Cheuvreux raises target price to EUR 12 from EUR 9 |
| * Ovhcloud OVH.PA: Morgan Stanley cuts target price to EUR 10 from EUR 10.15 |
| * Pearson PSON.L: JP Morgan cuts target price to 1,310p from 1,330p |
| * Pearson PSON.L: Morgan Stanley cuts target price to 1,160p from 1,215p |
| * Publicis Groupe SA PUBP.PA: Barclays raises target price to EUR 115 from EUR 110 |
| * Safran SAF.PA: Barclays raises target price to EUR 290 from EUR 275 |
| * Sage Group SGE.L: Jefferies raises target price to 1,480p from 1,400p |
| * Sandvik SAND.ST: Deutsche Bank raises target price to SEK 220 from SEK 214 |
| * SGS SA SGSN.S: Jefferies cuts target price to CHF 90 from CHF 98 |
| * Softwareone Holding AG SWON.S: Morgan Stanley cuts PT to CHF 8.20 from CHF 8.90 |
| * Spire Healthcare Group Plc SPI.L: Berenberg raises target price to 280p from 255p |
| * Stellantis NV STLAM.PA: Jefferies raises target price to EUR 11.50 from EUR 9 |
| * Stellantis NV STLAM.PA: Jefferies raises to buy from hold |
| * Stora Enso STERV.HE: Exane BNP Paribas cuts to underperform from neutral |
| * Stratec SE SBSG.DE: Kepler Cheuvreux cuts target price to EUR 34 from EUR 41 |
| * Stratec SE SBSG.DE: Kepler Cheuvreux raises to buy from hold |
| * Swatch Group AG UHR.S: JP Morgan cuts target price to CHF 118 from CHF 125 |
| * Syensqo SYENS.BR: Deutsche Bank cuts target price to EUR 78 from EUR 82 |
| * Telecom Plus Plc TEP.L: Deutsche Bank cuts target price to 2,580p from 3,180p |
| * Thales TCFP.PA: Barclays cuts target price to EUR 245 from EUR 248 |
| * Turk Traktor TTRAK.IS: HSBC cuts target price to TRY 650 from TRY 700 |
| * Umicore SA UMI.BR: Kepler Cheuvreux raises target price to EUR 12.50 from EUR 9.50 |
| * Universal Music Group UMG.AS: UBS cuts to neutral from buy |
| * Vodafone VOD.L: Kepler Cheuvreux raises target price to 80p from 74p |
| * Volvo VOLVb.ST: UBS raises target price to SEK 346 from SEK 344 |
| * Wacker Chemie AG WCHG.DE: Berenberg cuts target price to EUR 68 from EUR 75 |
| * Whitbread WTB.L: Citigroup cuts target price to 3,600p from 3,700p |
| * WPP WPP.L: Barclays cuts target price to 550p from 700p |
| * WPP WPP.L: Barclays cuts to underweight from equal-weight |
