| * A2A SpA A2.MI: Morgan Stanley raises target price to EUR 2.55 from EUR 2.5 |
| * Accor ACCP.PA: UBS cuts target price to EUR 57 from EUR 61.45 |
| * ADP ADP.PA: BofA Global Research cuts price objective to EUR 142 from EUR 150 |
| * Air France-KLM AIRF.PA: Barclays raises target price to EUR 10.5 from EUR 5.4 |
| * Aixtron AIXGn.DE: UBS raises target price to EUR 14.6 from EUR 12.7 |
| * Amundi SA AMUN.PA: Barclays cuts target price to EUR 72 from EUR 76 |
| * ArcelorMittal SA MT.AS: JP Morgan cuts target price to EUR 28.5 from EUR 29 |
| * Argenx SE ARGX.BR: Barclays raises target price to EUR 700 from EUR 680 |
| * Argenx SE ARGX.BR: Deutsche Bank raises target price to EUR 655 from EUR 550 |
| * Argenx SE ARGX.BR: JP Morgan raises target price to EUR 730 from EUR 700 |
| * Aston Martin AML.L: JP Morgan cuts target price to 75p from 90p |
| * AstraZeneca AZN.L: Bernstein raises target price to 18,000p from 16,500p |
| * Auction Technology Group Plc ATG.L: JP Morgan cuts target price to 725p from 765p |
| * BAE Systems BAES.L: Berenberg raises target price to 1850p from 1770p |
| * BAE Systems BAES.L: Jefferies raises to buy from hold; raises PT to 2060p from 1630p |
| * Banco Comercial Portugues SA BCP.LS: Barclays raises target to EUR 0.81 from EUR 0.74 |
| * Banco Comercial Portugues SA BCP.LS: Morgan Stanley raises PT to EUR 0.74 from EUR 0.72 |
| * BAT BATS.L: JP Morgan raises target price to 3,300p from 2,800p |
| * Boohoo DEBS.L: Deutsche Bank cuts target price to 15p from 26p |
| * Bucher Industries BUCN.S: UBS raises target price to CHF 419 from CHF 396 |
| * Campari CPRI.MI: Deutsche Bank raises target price to EUR 6.2 from EUR 5.7 |
| * Capital Ltd CAPD.L: Peel Hunt raises target price to 115p from 80p |
| * Cibus Nordic Real Estate AB (Publ) CIBUS.ST: Jefferies ups PT to SEK 160 from SEK 145 |
| * Corbion NV CORB.AS: Bereneberg raises target price to EUR 16.5 from EUR 16 |
| * Corbion NV CORB.AS: Bereneberg raises to hold from sell |
| * Croda CRDA.L: Morgan Stanley cuts target price to 3100p from 3400p |
| * Daimler Truck Holding AG DTGGe.DE: Deutsche Bank cuts target to EUR 41 from EUR 44 |
| * Danone DANO.PA: Morgan Stanley raises target price to EUR 85 from EUR 78 |
| * Deutsche Lufthansa AG LHAG.DE: Barclays raises target price to EUR 7.2 from EUR 5.2 |
| * DSV A/S DSV.CO: Barclays cuts target price to DKK 1800 from DKK 1865 |
| * Entain Plc ENT.L: Morgan Stanley raises target price to 1300p from 1260p |
| * Erg SpA ERG.MI: Morgan Stanley raises target price to EUR 20.5 from EUR 19.75 |
| * Erste Group ERST.VI: Deutsche Bank raises target price to EUR 86 from EUR 84 |
| * Essity ESSITYa.ST: Goldman Sachs initiates coverage with neutral rating; PT SEK 275 |
| * Eurobank Holdings EURBr.AT: UBS raises target price to EUR 3.64 from EUR 3.3 |
| * Euronext NV ENX.PA: Barclays raises target price to EUR 130 from EUR 115 |
| * Everplay Group Plc EVPL.L: Deutsche Bank raises target price to 425p from 330p |
| * GSK GSK.L: JP Morgan cuts target price to 1,400p from 1,460p |
| * Hammerson HMSO.L: Peel Hunt raises to buy from add; raises target to 350p from 285p |
| * HBX Group International Plc HBX.MC: UBS cuts target price to EUR 12.45 from EUR 14.25 |
| * Heidelberg Materials HEIG.DE: JP Morgan cuts target price to EUR 217 from EUR 220 |
| * Hemnet HEM.ST: JP Morgan cuts target price to SEK 269 from SEK 283 |
| * Hensoldt AG HAGG.DE: Jefferies raises target price to EUR 92 from EUR 60 |
| * Hensoldt AG HAGG.DE: Jefferies raises to hold from underperform |
| * Hermes HRMS.PA: Barclays cuts target price to EUR 2640 from EUR 2670 |
| * Hermes HRMS.PA: Bernstein cuts target price to EUR 2,650 from EUR 2,800 |
| * Holcim AG HOLN.S: JP Morgan raises target price to CHF 70 from CHF 65 |
| * Holcim Ltd HOLN.S: Morgan Stanley raises target price to CHF 60 from CHF 55 |
| * HSBC HSBA.L: JP Morgan raises target price to 870p from 830p |
| * IAG ICAG.L: Bernstein raises target price to 470p from 450p |
| * Iberdrola IBE.MC: HSBC raises target price to EUR 18 from EUR 17.6 |
| * IMCD NV IMCD.AS: Jefferies cuts target price to EUR 120 from EUR 145 |
| * IMI Plc IMI.L: Deutsche Bank raises target price to 2625p from 2250p |
| * International Airlines Group ICAG.L: Barclays raises to equal-weight from underweight |
| * Italgas IG.MI: Deutsche Bank reinstates coverage with buy rating; price target EUR 8.10 |
| * Italy'S Prysmian PRY.MI: Citigroup raises target price to EUR 79 from EUR 69 |
| * ITM Power Plc ITM.L: Berenberg raises to buy from hold; raises target to 100p from 59p |
| * Kering PRTP.PA: Berenberg cuts target price to EUR 160 from EUR 165 |
| * Kion Group AG KGX.DE: Citigroup raises target price to EUR 61 from EUR 56 |
| * Legrand LEGD.PA: Deutsche Bank raises target price to EUR 144 from EUR 130 |
| * Leonardo SpA LDOF.MI: Jefferies raises target price to EUR 58 from EUR 55 |
| * Lloyds LLOY.L: JP Morgan raises to neutral from underweight; raises PT to 85p from 79p |
| * Lloyds LLOY.L: RBC raises to outperform from sector perform |
| * Lloyds Banking Group LLOY.L: Morgan Stanley raises target price to 100p from 95p |
| * Logitech International SA LOGN.S: Berenberg raises target price to CHF 90 from CHF 88 |
| * LSEG LSEG.L: UBS cuts target price to 12400p from 13100p |
| * LSEG LSEG.L: BofA Global Research cuts price objective to 12000p from 13000p |
| * LSEG LSEG.L: Citigroup raises target price to 13,200p from 13,000p |
| * LSEG LSEG.L: JP Morgan raises target price to 12,900p from 12,800p |
| * LSEG LSEG.L: KBW cuts target price to 12300p from12500p |
| * Melia Hotels MEL.MC: UBS raises target price to EUR 6.54 from EUR 5.76 |
| * Merck KGaA MRCG.DE: UBS cuts target price to EUR 162 from EUR 180 |
| * MTU Aero Engines AG MTXGn.DE: Berenberg raises target price to EUR 430 from EUR 360 |
| * MTU Aero Engines AG MTXGn.DE: Jefferies raises target price to EUR 470 from EUR 430 |
| * Nemetschek SE NEKG.DE: Berenebrg raises target price to EUR 117 from EUR 114 |
| * Nexans NEXS.PA: Deutsche Bank raises target price to EUR 149 from EUR 128 |
| * Nordic Semiconductor NOD.OL: JP Morgan cuts to neutral from overweight |
| * Nordic Semiconductor NOD.OL: JP Morgan raises target price to NOK 160.00 from NOK 157.00 |
| * Pearson PSON.L: Morgan Stanley raises target price to 1170p from 1160p |
| * Pearson Plc PSON.L: Barclays raises target price to 1160p from 1105p |
| * Property Franchise Group Plc TPFG.L: Canaccord Genuity raises target to 637p from 595p |
| * Puma SE PUMG.DE: Barclays cuts target price to EUR 19 from EUR 25 |
| * Redeia REDE.MC: Morgan Stanley raises target price to EUR 19 from EUR 18 |
| * Renk Group AG R3NK.DE: Jefferies raises target price to EUR 80 from EUR 60 |
| * Rheinmetall AG RHMG.DE: Jefferies raises target price to EUR 2250 from EUR 1880 |
| * Robertet SA ROBF.PA: Kepler Cheuvreux initiates coverage with hold rating; PT EUR 900 |
| * Rolls Royce RR.L: Jefferies raises target price to 1290p from 920p |
| * Safran SAF.PA: Jefferies raises target price to EUR 350 from EUR 290 |
| * Saint-Gobain SGOB.PA: Morgan Stanley raises target price to EUR 101 from EUR 100 |
| * Santander SAN.MC: UBS raises target price to EUR 8.45 from EUR 8 |
| * Schneider Electric SCHN.PA: Morgan Stanley raises target price to EUR 234 from EUR 225 |
| * Schroders SDR.L: Citigroup raises target price to 420p from 385p |
| * SES SA SESFd.PA: Barclays raises target price to EUR 6.15 from EUR 4.5 |
| * Shell Plc SHEL.L: HSBC raises target price to 2950p from 2900p |
| * Shell Plc SHEL.L: TD Cowen raises target price to 2965p from 2890p |
| * Societe Generale SA SOGN.PA: Barclays raises target price to EUR 63 from EUR 60 |
| * Soitec SA SOIT.PA: HSBC cuts target price to EUR 44 from EUR 51 |
| * Spie SA SPIE.PA: UBS raises target price to EUR 62 from EUR 45 |
| * St James's Place Plc SJP.L: UBS raises target price to 1400p from 1285p |
| * Stabilus SE STM1.DE: JP Morgan cuts target price to EUR 37 from EUR 45 |
| * Standard Chartered Plc STAN.L: Barclays raises target price to 1400p from 1360p |
| * Standard Chartered Plc STAN.L: UBS raises target price to 1537p from 1446p |
| * Suss Microtec SE SMHNn.DE: Berenberg cuts target price to EUR 50 from EUR 65 |
| * Tele2 AB TEL2b.ST: UBS raises target price to SEK 186 from SEK 102 |
| * Tele2 AB TEL2b.ST: UBS raises to buy from sell |
| * Teleperformance TEPRF.PA: UBS cuts target price to EUR 92 from EUR 100 |
| * Thales TCFP.PA: Jefferies cuts target price to EUR 240 from EUR 250 |
| * UCB UCB.BR: UBS raises target price to EUR 240 from EUR 230 |
| * Unilever ULVR.L: Berenberg raises target price to 5570p from 5500p |
| * Unilever ULVR.L: Jefferies raises target price to 3900p from 3800p |
| * Unilever ULVR.L: RBC raises target price to 3900p from 3800p |
| * United Internet AG UTDI.DE: Deutsche Bank raises target price to EUR 31 from EUR 25 |
| * Universal Music Group UMG.AS: Barclays cuts target price to EUR 27 from EUR 28 |
| * Weir Group WEIR.L: Citigroup raises target price to 3100p from 2900p |
| * Weir Group WEIR.L: Kepler Cheuvreux cuts to hold from buy |
| * WPP WPP.L: UBS cuts target price to 370p from 410p |
