| * Aegean Airlines AGNr.AT: Barclays raises target price to EUR 15 from EUR 12.5 |
| * Atlas Copco ATCOa.ST: Jefferies raises target price to SEK 165 from SEK 122 |
| * Banco Bilbao Vizcaya Argentaria SA BBVA.MC: Barclays raises PT to EUR 13 from EUR 12.2 |
| * Banco Santander SA SAN.MC: Barclays raises target price to EUR 7.5 from EUR 6.7 |
| * Bechtle AG BC8G.DE: Baader Helvea raises target price to EUR 51 from EUR 50 |
| * Beiersdorf AG BEIG.DE: Jefferies cuts target price to EUR 154 from EUR 156 |
| * Bilfinger GBFG.DE: Deutsche Bank raises target price to EUR 80 from EUR 70 |
| * BMW BMWG.DE: Jefferies raises target price to EUR 92 from EUR 85 |
| * Boliden BOL.ST: UBS raises target price to SEK 355 from SEK 310 |
| * Boohoo BOOH.L: HSBC cuts target price to 26p from 30p |
| * Bunzl BNZL.L: Deutsche Bank raises target price to 3475p from 3400p |
| * Bunzl BNZL.L: Deutsche Bank raises to buy from hold |
| * Capita Plc CPI.L: RBC raises target price to 20p from 17p |
| * Capita Plc CPI.L: RBC raises to outperform from sector perform |
| * Carnival CCL.L: Citigroup cuts target price to 2300p from 2500p |
| * Close Brothers Group CBRO.L: UBS raises target price to 270p from 250p |
| * Compagnie Financiere Richemont SA CFR.S: Morgan Stanley cuts PT to CHF 190 from CHF 200 |
| * Deutsche Bank AG DBKGn.DE: RBC raises target price to EUR 26 from EUR 22 |
| * Douglas DOU1.DE: Deutsche Bank cuts target price to EUR 16 from EUR 28.5 |
| * Douglas AG DOU1.DE: Citigroup cuts target price to EUR 22 from EUR 33 |
| * Eiffage FOUG.PA: RBC raises target price to EUR 135 from EUR 125 |
| * Entain ENT.L: HSBC cuts target price to 845p from 880p |
| * Ferrexpo FXPO.L: Panmure Liberum cuts target price to 70p from 90p |
| * Flutter Entertainment FLTRF.L: HSBC cuts target price to 19280p from 20160p |
| * Glanbia Plc GL9.I: Mizuho cuts target price to EUR 19 from EUR 24 |
| * Hannover Rueck SE HNRGn.DE: Goldman Sachs initiates coverage with buy rating |
| * Hannover Rueck SE HNRGn.DE: Goldman Sachs initiates coverage with target price EUR 312 |
| * Harbour Energy Plc HBR.L: Jefferies cuts target price to 280p from 340p |
| * HBX Group International Plc HBX.MC: Barclays initiates coverage with overweight rating |
| * HBX Group International Plc HBX.MC: Barclays initiates coverage with target EUR 14.3 |
| * HBX Group International Plc HBX.MC: Deutsche Bank initiates coverage with buy rating |
| * HBX Group International Plc HBX.MC: Deutsche Bank initiates coverage with PT EUR 13.5 |
| * HBX Group International Plc HBX.MC: Exane BNP Paribas initiates with outperform rating |
| * HBX Group International Plc HBX.MC: Exane BNP Paribas initiates with PT EUR 16 |
| * HBX Group International Plc HBX.MC: Morgan Stanley initiates with overweight rating |
| * HBX Group International Plc HBX.MC: Morgan Stanley initiates with target price EUR 18 |
| * HBX Group International Plc HBX.MC: UBS initiates coverage with buy rating |
| * HBX Group International Plc HBX.MC: UBS initiates coverage with target price EUR 14.25 |
| * Hochtief HOTG.DE: HSBC raises target price to EUR 160 from EUR 113 |
| * Holmen HOLMb.ST: Barclays cuts target price to SEK 420 from SEK 425 |
| * IHG IHG.L: Jefferies cuts target price to 8900p from 9300p |
| * Intermediate Capital Group Plc ICGIN.L: JP Morgan cuts target to 2,691p from 2,763p |
| * JD Sports JD.L: Deutsche Bank cuts target price to 85p from 95p |
| * JD Wetherspoon JDW.L: Morgan Stanley cuts target price to 700p from 740p |
| * Kering PRTP.PA: Bernstein cuts target price to EUR 200 from EUR 250 |
| * Kering PRTP.PA: Morgan Stanley cuts target price to EUR 235 from EUR 280 |
| * Lanxess AG LXSG.DE: HSBC raises target price to EUR 31 from EUR 28 |
| * Leonardo S.P.A. LDOF.MI: UBS cuts to neutral from buy |
| * Leonardo S.P.A. LDOF.MI: UBS raises target price to EUR 50 from EUR 31 |
| * Maaden 1211.SE: HSBC cuts target price to SAR 53 from SAR 57 |
| * Maire MTCM.MI: Barclays cuts to underweight from equal-weight |
| * Mercedes-Benz Group AG MBGn.DE: Jefferies raises target price to EUR 65 from EUR 60 |
| * Munich Re MUVGn.DE: Goldman Sachs cuts to neutral from buy |
| * Oerlikon OERL.S: UBS raises target price to CHF 3.92 from CHF 3.602 |
| * Phoenix Group Plc PHNX.L: UBS raises target price to 605p from 530p |
| * Prosiebensat. 1 Media SE PSMGn.DE: Barclays raises target price to EUR 7.5 from EUR 6.75 |
| * Prudential PRU.L: BofA Global Research raises price objective to 1150p from 1000p |
| * Redeia REDE.MC: Barclays raises target price to EUR 20.3 from EUR 20 |
| * RWE AG RWEG.DE: Morgan Stanley cuts target price to EUR 46 from EUR 50 |
| * S4 Capital Plc SFOR.L: Jefferies raises target price to 55p from 50p |
| * Saab AB SAABb.ST: UBS raises target price to SEK 525 from SEK 250 |
| * Saab AB SAABb.ST: UBS raises to buy from neutral |
| * Salzgitter AG SZGG.DE: Deutsche Bank raises target price to EUR 23 from EUR 19 |
| * Saudi Tadawul Group 1111.SE: HSBC cuts target price to SAR 170 from SAR 229 |
| * SBM Offshore SBMO.AS: Barclays cuts to equal-weight from overweight |
| * SCA AB SCAb.ST: Jefferies cuts target price to SEK 153 from SEK 158 |
| * Scor SCOR.PA: Goldman Sachs initiates coverage with buy rating; target price EUR 34.5 |
| * Siemens AG SIEGn.DE: Deutsche Bank cuts to hold from buy |
| * Sodexo EXHO.PA: UBS cuts target price to EUR 73.5 from EUR 98 |
| * Spectris Plc SXS.L: JP Morgan cuts target price to 3,350p from 3,450p |
| * Stora Enso STERV.HE: Barclays cuts target price to EUR 11.5 from EUR 12.5 |
| * Swissquote Group Holding SA SQN.S: UBS cuts target price to CHF 410 from CHF 425 |
| * Thales TCFP.PA: UBS raises target price to EUR 330 from EUR 160 |
| * Thales TCFP.PA: UBS raises to buy from neutral |
| * Veolia VIE.PA: Barclays raises target price to EUR 39 from EUR 38 |
| * Viridien VIRI.PA: Barclays raises target price to EUR 100 from EUR 65 |
| * Viridien VIRI.PA: Barclays raises to equal-weight from underweight |
| * Vodafone VOD.L: BofA Global Research cuts price objective to 91p from 106p |
| * Vodafone VOD.L: BofA Global Research cuts to neutral from buy |
