| * Adyen NV ADYEN.AS: Citigroup cuts target price to EUR 2100 from EUR 2200 |
| * Adyen NV ADYEN.AS: UBS cuts target price to EUR 1950 from EUR 1975 |
| * Alfa Laval AB ALFA.ST: Barclays raises target price to SEK 475 from SEK 460 |
| * Anheuser-Busch Inbev SA ABI.BR: Morgan Stanley cuts target price to EUR 71 from EUR 72 |
| * Argan SA ARGAN.PA: Barclays cuts target price to EUR 80 from EUR 91 |
| * Assa Abloy ASSAb.ST: Morgan Stanley raises target price to SEK 335 from SEK 310 |
| * Autostore AUTO.OL: Deutsche Bank raises target price to NOK 10 from NOK 5.7 |
| * Autostore Holdings Ltd AUTO.OL: Berenberg cuts target price to NOK 12.5 from NOK 15 |
| * Autostore Holdings Ltd AUTO.OL: Morgan Stanley raises target price to NOK 8 from NOK 5 |
| * Autostore Holdings Ltd AUTO.OL: Morgan Stanley raises to equal-weight from underweight |
| * Babcock International BAB.L: RBC initiates with outperform rating; target price 1,200p |
| * Baloise Holding AG BALN.S: Berenberg raises target price to CHF 232.6 from CHF 226.4 |
| * Barratt Redrow Plc BTRW.L: Berenberg cuts target price to 440p from 485p |
| * Barratt Redrow Plc BTRW.L: Stifel cuts target price to 470p from 505p |
| * Bellway BWY.L: Barclays cuts target price to 3350p from 3370p |
| * Bellway Plc BWY.L: Berenberg cuts target price to 2,900p from 3,200p |
| * Bellway Plc BWY.L: Stifel cuts target price to 2490p from 2650p |
| * Buzzi BZU.MI: Berenberg cuts target price to EUR 44 from EUR 47 |
| * Carlsberg CARLb.CO: Morgan Stanley cuts target price to DKK 940 from DKK 955 |
| * Chemring Group Plc CHG.L: RBC raises target price to 600p from 500p |
| * Cirsa Enterprises SA CIRSA.MC: Barclays initiates with overweight rating and PT EUR 20 |
| * Cirsa Enterprises Sau CIRSA.MC: Jefferies initiates with buy rating; target EUR 20 |
| * Close Brothers Group Plc CBRO.L: RBC cuts to sector perform from outperform |
| * Cohort Plc CHRT.L: RBC raises target price to 1740p from 1570p |
| * Comet Holding AG COTNE.S: BofA Global Research cuts price objective to CHF 171 from CHF 196 |
| * Commerzbank CBKG.DE: Deutsche Bank cuts to hold from buy |
| * Commerzbank CBKG.DE: Deutsche Bank raises target price to EUR 35 from EUR 33 |
| * Crest Nicholson Holdings Plc CRST.L: Stifel cuts target price to 190p from 225p |
| * Crest Nicholson Holdings Plc CRST.L: Stifel cuts to hold from buy |
| * CTP NV CTPNV.AS: Barclays raises target price to EUR 22 from EUR 17 |
| * DR Martens Plc DOCS.L: Peel Hunt raises target price to 112p from 80p |
| * DR Martens Plc DOCS.L: Peel Hunt raises to buy from add |
| * Duerr AG DUEG.DE: Bernstein raises target price to EUR 42 from EUR 41 |
| * Gerresheimer AG GXIG.DE: Stifel cuts target price to EUR 50 from EUR 55 |
| * Hapag-Lloyd AG HLAG.DE: JP Morgan raises target price to EUR 72 from EUR 70 |
| * Hellofresh SE HFGG.DE: Morgan Stanley cuts target price to EUR 11 from EUR 11.5 |
| * Holmen HOLMb.ST: Morgan Stanley cuts target price to SEK 345 from SEK 370 |
| * Irish Residential Properties REIT IRES.I: Barclays raises PT to EUR 1.3 from EUR 1.2 |
| * Maersk MAERSKb.CO: Citigroup raises target price to DKK 14200 from DKK 14021 |
| * NKT A/S NKT.CO: Barclays raises target price to DKK 851 from DKK 843 |
| * NKT A/S NKT.CO: JP Morgan raises target price to DKK 618 from DKK 606 |
| * NN Group NV NN.AS: JP Morgan raises target price to EUR 75 from EUR 70 |
| * Orsted ORSTED.CO: Jefferies cuts target price to DKK 190 from DKK 320 |
| * Pandora PNDORA.CO: Deutsche Bank cuts target price to DKK 1150 from DKK 1325 |
| * Pandora A/S PNDORA.CO: UBS cuts target price to DKK 830 from DKK 950 |
| * Persimmon PSN.L: Barclays raises target price to 1480p from 1464p |
| * Persimmon PSN.L: Stifel cuts target price to 1500p from 1550p |
| * QinetiQ Group Plc QQ.L: RBC raises target price to 510p from 470p |
| * Segro SGRO.L: Barclays cuts target price to 550p from 700p |
| * Segro SGRO.L: Barclays cuts to underweight from equal weight |
| * Serco Group Plc SRP.L: Peel Hunt raises target price to 247p from 211p |
| * Synthomer SYNTS.L: Jefferies cuts target price to 76p from 100p |
| * Taylor Wimpey TW.L: Stifel cuts target price to 130p from 135p |
| * Tritax Big Box BBOXT.L: Barclays cuts target price to 158p from 164p |
| * Vistry Group Plc VTYV.L: Stifel cuts target price to 640p from 670p |
| * Wartsila WRT1V.HE: Barclays raises target price to EUR 13 from EUR 11 |
| * WDP WDPP.BR: Barclays cuts target price to EUR 24 from EUR 27 |
| * WPP WPP.L: UBS cuts target price to 360p from 370p |
