| * ABN Amro ABNd.AS: Deutsche Bank raises target price to EUR 31 from EUR 28 |
| * ABN Amro ABNd.AS: UBS raises target price to EUR 41 from EUR 38.5 |
| * ABN Amro Bank NV ABNd.AS: Morgan Stanley raises target price to EUR 39 from EUR 36 |
| * ACS ACS.MC: UBS raises target price to EUR 150 from EUR 120 |
| * Alstom SA ALSO.PA: Deutsche Bank cuts target price to EUR 20 from EUR 23 |
| * Auto1 Group SE AG1G.DE: UBS raises target price to EUR 29.8 from EUR 29.2 |
| * ABN Amro Bank NV ABNd.AS: RBC raises target price to EUR 37 from EUR 36 |
| * BAE Systems BAES.L: Bernstein cuts target price to 2050p from 2200p |
| * BBVA BBVA.MC: Deutsche Bank raises target price to EUR 21.3 from EUR 20.7 |
| * Bouvet BOUV.OL: Kepler Cheuvreux cuts target price to NOK 55 from NOK 60 |
| * Carl Zeiss Meditec AFXG.DE: Kepler Cheuvreux cuts target price to EUR 28 from EUR 46 |
| * Cirsa CIRSA.MC: Deutsche Bank resumes coverage with buy rating; PT EUR 20 |
| * Danske Bank DANSKE.CO: BofA Global Research raises PT to DKK 393 from DKK 378 |
| * Danske Bank DANSKE.CO: Deutsche Bank raises target price to DKK 373 from DKK 361 |
| * Dassault Aviation SA AM.PA: Bernstein raises target price to EUR 340 from EUR 330 |
| * Dermapharm Holding SE DMPG.DE: Berenberg raises target price to EUR 60 from EUR 44 |
| * DNB DNB.OL: BofA Global Research cuts price objective to NOK 324 from NOK 333 |
| * Douglas DOUn.DE: Deutsche Bank cuts target price to EUR 10.5 from EUR 16 |
| * Douglas AG DOUn.DE: Deutsche Bank cuts target price to EUR 10.5 from EUR 16 |
| * Douglas AG DOUn.DE: Deutsche Bank cuts to hold from buy |
| * Drax Group Plc DRX.L: Morgan Stanley cuts target price to 900p from 950p |
| * E.ON EONGn.DE: Morgan Stanley raises target price to EUR 21.5 from EUR 21 |
| * Eiffage FOUG.PA: JP Morgan raises target price to EUR 162 from EUR 158 |
| * Epiroc EPIRa.ST: Goldman Sachs raises target price to SEK 315 from SEK 230 |
| * Epiroc EPIRa.ST: Goldman Sachs raises to buy from neutral |
| * Eutelsat Communications ETL.PA: Morgan Stanley raises PT to EUR 2.7 from EUR 2.4 |
| * GN Store Nord A/S GN.CO: Barclays cuts target price to DKK 125 from DKK 133 |
| * Hapag-Lloyd HLAG.DE: Barclays cuts target price to EUR 83 from EUR 85 |
| * Hapag-Lloyd HLAG.DE: Kepler Cheuvreux cuts target price to EUR 131 from EUR 145 |
| * HBX Group International HBX.MC: Barclays cuts target price to EUR 10 from EUR 10.2 |
| * HBX Group International HBX.MC: Morgan Stanley cuts PT to EUR 7.9 from EUR 8 |
| * HSBC HSBA.L: Morgan Stanley raises target price to 1463p from 1419p |
| * HSBC HSBA.L: RBC raises target price to 1275p from 1200p |
| * Ibstock Plc IBST.L: UBS cuts target price to 108p from 140p |
| * Intertek ITRK.L: Bernstein raises target price to 6000p from 4600p |
| * Inwit INWT.MI: UBS cuts target price to EUR 7.6 from EUR 10.3 |
| * Ithaca Energy Plc ITH.L: Peel Hunt raises target price to 300p from 260p |
| * Jost Werke JST.DE: Deutsche Bank raises target price to EUR 76 from EUR 74 |
| * Jungheinrich AG JUNG_p.DE: BofA Global Research reinstates coverage with PT EUR 35 |
| * Jungheinrich AG JUNG_p.DE: BofA Global Research reinstates coverage with buy rating |
| * Leonardo SpA LDOF.MI: Bernstein cuts target price to EUR 65 from EUR 75 |
| * Melia Hotels MEL.MC: UBS raises target price to EUR 11.8 from EUR 8.6 |
| * Munich Re Group MUVGn.DE: Morgan Stanley cuts target price to EUR 480 from EUR 520 |
| * NKT NKT.CO: Kepler Cheuvreux raises target price to DKK 780 from DKK 720 |
| * NKT A/S NKT.CO: Barclays raises target price to DKK 915 from DKK 807 |
| * Nordea NDAFI.HE: Deutsche Bank raises target price to EUR 19 from EUR 18 |
| * ON the Beach Group Plc OTB.L: Canaccord Genuity cuts target price to 240p from 293p |
| * Orsted ORSTED.CO: Morgan Stanley raises target price to DKK 225 from DKK 160 |
| * Orsted ORSTED.CO: Morgan Stanley raises to overweight from equal weight |
| * Prosiebensat. 1 Media SE PSMGn.DE: Barclays cuts target price to EUR 5 from EUR 5.5 |
| * Premier Foods Plc PFD.L: RBC raises target price to 230p from 210p |
| * Rheinmetall AG RHMG.DE: Bernstein cuts target price to EUR 1900 from EUR 2050 |
| * RWE AG RWEG.DE: Morgan Stanley raises target price to EUR 66 from EUR 65 |
| * SAP SE SAPG.DE: TD Cowen cuts target price to EUR 195 from EUR 215 |
| * Scout24 SE G24n.DE: UBS raises target price to EUR 112 from EUR 105 |
| * SFC Energy AG F3CG.DE: Berenberg raises target price to EUR 24 from EUR 18 |
| * Siemens AG SIEGn.DE: Morgan Stanley raises target price to EUR 260 from EUR 250 |
| * Siemens AG SIEGn.DE: UBS raises target price to EUR 310 from EUR 300 |
| * Siemens AG SIEGn.DE: Barclays raises target price to EUR 230 from EUR 220 |
| * Siemens AG SIEGn.DE: BofA Global Research raises PT to EUR 300 from EUR 295 |
| * Siemens AG SIEGn.DE: JP Morgan raises target price to EUR 335 from EUR 325 |
| * Siemens Energy AG ENR1n.DE: Bernstein raises target price to EUR 210 from EUR 150 |
| * Sixt SE SIXG.DE: UBS raises target price to EUR 83 from EUR 82 |
| * SMA Solar S92G.DE: Berenberg raises target price to EUR 50 from EUR 41 |
| * SMA Solar S92G.DE: Jefferies raises target price to EUR 71 from EUR 58 |
| * SMA Solar S92G.DE: TD Cowen raises target price to EUR 51 from EUR 40 |
| * Snam SRG.MI: Kepler Cheuvreux cuts to hold from buy |
| * Snam SRG.MI: Kepler Cheuvreux raises target price to EUR 6.8 from EUR 6 |
| * Softwareone Holding AG SWON.S: UBS raises target price to CHF 8.75 from CHF 8.25 |
| * Stellantis NV STLAM.MI: HSBC cuts target price to EUR 5.5 from EUR 6.5 |
| * Thales TCFP.PA: Bernstein cuts target price to EUR 260 from EUR 285 |
| * ThyssenKrupp TKAG.DE: Citigroup raises target price to EUR 15 from EUR 13 |
| * TKMS Gmbh TKMS.DE: Bernstein cuts target price to EUR 76 from EUR 83 |
| * Torm TRMDA.CO: Kepler Cheuvreux raises target price to DKK 138 from DKK 109 |
| * UPMKymmene Oyj UPM.HE: Morgan Stanley cuts target price to EUR 30 from EUR 31 |
| * Veolia Environnement VIE.PA: HSBC raises target price to EUR 40 from EUR 38 |
| * Victrex Plc VCTX.L: Deutsche Bank cuts target price to 600p from 780p |
| * Vistry Group VTYV.L: Deutsche Bank cuts target price to 370p from 600p |
| * Vistry Group Plc VTYV.L: Berenberg cuts target price to 340p from 500p |
| * Watches of Switzerland WOSG.L: BofA Global Research raises PT to 600p from 560p |
| * Wienerberger WBSV.VI: Barclays cuts target price to EUR 28 from EUR 30 |
| * Workspace WKP.L: Peel Hunt cuts target price to 350p from 500p |
| * Workspace WKP.L: Peel Hunt cuts to hold from buy |