| * ABB ABBN.S: HSBC raises target price to CHF 55 from CHF 50 |
| * Aberdeen Group Plc ABDN.L: Morgan Stanley raises target price to 213p from 207p |
| * Acciona Energia ANE.MC: Deutsche Bank raises target price to EUR 21 from EUR 20 |
| * Acciona Energia ANE.MC: Morgan Stanley cuts target price to EUR 21 from EUR 23 |
| * Acerinox ACX.MC: Barclays raises target price to EUR 14 from EUR 13 |
| * Ahold Delhaize AD.AS: UBS cuts target price to EUR 35 from EUR 36 |
| * Air France Klm SA AIRF.PA: Morgan Stanley raises PT to EUR 10.8 from EUR 10.7 |
| * Also Holding AG ALSN.S: Alphavalue cuts to add from buy |
| * Amundi SA AMUN.PA: Morgan Stanley raises target price to EUR 82.8 from EUR 82.1 |
| * Aperam APAM.AS: Barclays raises target price to EUR 30 from EUR 25 |
| * ArcelorMittal MT.AS: Barclays raises target price to EUR 39 from EUR 28 |
| * Ashmore Group Plc ASHM.L: Morgan Stanley raises target price to 195p from 147p |
| * Atlas Copco ATCOa.ST: Morgan Stanley raises target price to SEK 200 from SEK 184 |
| * Atos ATOS.PA: BofA Global Research raises price objective to EUR 53 from EUR 46 |
| * Banca Generali BGN.MI: Kepler Cheuvreux cuts to hold from buy |
| * Banca Generali BGN.MI: Kepler Cheuvreux raises target price to EUR 60 from EUR 59 |
| * Banco Bpm BAMI.MI: Barclays raises target price to EUR 15.5 from EUR 14.7 |
| * Barratt Redrow Plc BTRW.L: Jefferies cuts target price to 414p from 447p |
| * Bellway Plc BWY.L: Jefferies cuts target price to 3461p from 3476p |
| * BMPS BMPS.MI: Barclays raises target price to EUR 9.2 from EUR 8.2 |
| * BMW BMWG.DE: Berenberg cuts to hold from buy |
| * BNP Paribas BNPP.PA: RBC raises target price to EUR 93 from EUR 90 |
| * BP BP.L: HSBC cuts target price to 475p from 480p |
| * BPER EMII.MI: Barclays raises target price to EUR 13.7 from EUR 12.5 |
| * Campari Group CPRI.MI: Deutsche Bank raises target price to EUR 6.3 from EUR 6.2 |
| * Commerzbank CBKG.DE: Deutsche Bank raises target price to EUR 38 from EUR 37 |
| * Credem EMBI.MI: Barclays raises target price to EUR 15.7 from EUR 14.8 |
| * Deutsche Lufthansa AG LHAG.DE: Morgan Stanley raises PT to EUR 9.4 from EUR 9.3 |
| * Diploma Plc DPLM.L: Morgan Stanley raises target price to 6550p from 6400p |
| * DR ING HC F Porsche AG P911_p.DE: Berenberg cuts target price to EUR 47 from EUR 48 |
| * Dunelm DNLM.L: Deutsche Bank cuts target price to 1200p from 1360p |
| * Dws Group Gmbh & Co KGaA DWSG.DE: Morgan Stanley raises PT to EUR 68.3 from EUR 68.1 |
| * E.ON EONGn.DE: Deutsche Bank raises target price to EUR 18 from EUR 17 |
| * E.ON EONGn.DE: Morgan Stanley raises target price to EUR 19.5 from EUR 18 |
| * EDP EDP.LS: Deutsche Bank raises target price to EUR 4.2 from EUR 4.1 |
| * Edpr EDPR.LS: Deutsche Bank raises target price to EUR 12.5 from EUR 12 |
| * Elia ELI.BR: Deutsche Bank raises target price to EUR 105 from EUR 95 |
| * Enagas ENAG.MC: Deutsche Bank cuts target price to EUR 12 from EUR 12.8 |
| * Enagas ENAG.MC: Deutsche Bank cuts to sell from hold |
| * Enel ENEI.MI: Deutsche Bank raises target price to EUR 8.5 from EUR 7.7 |
| * Enel ENEI.MI: Morgan Stanley raises target price to EUR 8.8 from EUR 8.6 |
| * Engie ENGIE.PA: Deutsche Bank raises target price to EUR 25 from EUR 21.5 |
| * Engie ENGIE.PA: Morgan Stanley raises target price to EUR 26 from EUR 24 |
| * Evolution EVOG.ST: Citigroup cuts target price to SEK 600 from SEK 630 |
| * Fortum FORTUM.HE: Deutsche Bank raises target price to EUR 15.7 from EUR 14.8 |
| * Geberit AG GEBN.S: JP Morgan cuts target price to CHF 625 from CHF 630 |
| * Genus Plc GNS.L: Deutsche Bank raises target price to 3300p from 3100p |
| * Greencore GNC.L: RBC raises target price to 330p from 300p |
| * Greggs GRG.L: RBC cuts target price to 1,970p from 2,190p |
| * Halma HLMA.L: Deutsche Bank raises target price to 3980p from 3800p |
| * Hochschild HOCM.L: JP Morgan cuts to neutral from overweight |
| * Hochschild HOCM.L: JP Morgan raises target price to 670p from 600p |
| * HSBC Holdings Plc HSBA.L: Barclays raises target price to 1400p from 1230p |
| * IAG ICAG.L: BofA Global Research raises price objective to 530p from 490p |
| * Iberdrola IBE.MC: Deutsche Bank raises target price to EUR 18 from EUR 14.5 |
| * Iberdrola SA IBE.MC: Morgan Stanley raises target price to EUR 19 from EUR 18 |
| * Indra IDR.MC: BofA Global Research raises price objective to EUR 66.9 from EUR 59.5 |
| * ING INGA.AS: Deutsche Bank raises target price to EUR 25 from EUR 21 |
| * Italgas IG.MI: Deutsche Bank cuts to hold from buy |
| * Italgas IG.MI: Deutsche Bank raises target price to EUR 10.3 from EUR 10 |
| * Johnson Service Group Plc JSG.L: Berenberg raises target price to 205p from 195p |
| * Jupiter Fund Management Plc JUP.L: Morgan Stanley raises PT to 185p from 162p |
| * Kainos KNOS.L: Stifel raises target price to 1282p from 1225p |
| * LVMH LVMH.PA: Morgan Stanley cuts to equal-weight from overweight |
| * Man Group EMG.L: Morgan Stanley raises target price to 283p from 241p |
| * Medartis Holding AG MEDA.S: Stifel raises target price to CHF 102 from CHF 86 |
| * Mediobanca MDBI.MI: Barclays cuts target price to EUR 17.1 from EUR 17.5 |
| * Mercedes-Benz Group AG MBGn.DE: Berenberg raises target price to EUR 63 from EUR 60 |
| * National Grid Plc NG.L: Deutsche Bank raises target price to 1250p from 1150p |
| * Orsted ORSTED.CO: Deutsche Bank raises target price to DKK 130 from DKK 120 |
| * Outokumpu OUT1V.HE: Barclays raises target price to EUR 4 from EUR 3 |
| * Pennon Group PNN.L: Deutsche Bank raises target price to 600p from 580p |
| * Persimmon PSN.L: Jefferies raises target price to 1819p from 1815p |
| * Polar Capital POLR.L: Deutsche Bank raises target price to 750p from 700p |
| * Premier Miton Group Plc PMIP.L: Peel Hunt cuts target price to 63p from 71p |
| * Recordati RECI.MI: Deutsche Bank cuts target price to EUR 50 from EUR 55 |
| * Red Electrica REDE.MC: Deutsche Bank cuts target price to EUR 13.8 from EUR 14 |
| * Renault RENA.PA: Berenberg cuts to hold from buy; cuts PT to EUR 38 from EUR 45 |
| * Richemont CFR.S: RBC cuts target price to CHF 165 from CHF 170 |
| * Rockwool ROCKb.CO: Kepler Cheuvreux reinstates coverage with hold rating; PT DKK 215 |
| * RWE RWEG.DE: Deutsche Bank raises target price to EUR 55 from EUR 50 |
| * RWE AG RWEG.DE: Morgan Stanley raises target price to EUR 60 from EUR 55 |
| * SBM Offshore SBMO.AS: Barclays raises target price to EUR 37.5 from EUR 28.7 |
| * SBM Offshore SBMO.AS: Barclays raises to overweight from equal-weight |
| * Schroders SDR.L: Morgan Stanley raises target price to 439p from 360p |
| * Severn Trent SVT.L: Deutsche Bank cuts target price to 2950p from 3000p |
| * Sigmaroc Plc SRC.L: Berenberg raises target price to 130p from 120p |
| * Sigmaroc Plc SRC.L: Peel Hunt raises target price to 175p from 155p |
| * Sika AG SIKA.S: Bernstein cuts target price to CHF 180 from CHF 200 |
| * Sika AG SIKA.S: JP Morgan cuts target price to CHF 143 from CHF 160 |
| * Snam SRG.MI: Deutsche Bank raises target price to EUR 7 from EUR 6.5 |
| * SSAB SSABa.ST: Barclays raises target price to SEK 75 from SEK 60 |
| * SSE SSE.L: Deutsche Bank raises target price to 2500p from 2350p |
| * Standard Chartered Plc STAN.L: Barclays raises target price to 1900p from 1600p |
| * Stellantis NV STLAM.MI: Berenberg raises target price to EUR 10 from EUR 9.5 |
| * Swissquote SQN.S: Deutsche Bank raises target price to CHF 620 from CHF 610 |
| * Taylor Wimpey TW.L: Jefferies cuts target price to 132p from 140p |
| * Temenos TEMN.S: UBS raises target price to CHF 56.5 from CHF 53.5 |
| * Temenos AG TEMN.S: BofA Global Research raises PO to CHF 89 from CHF 77.5 |
| * Terna S.P.A. TRN.MI: Deutsche Bank raises target price to EUR 10 from EUR 9.6 |
| * Thales TCFP.PA: Barclays raises target price to EUR 260 from EUR 250 |
| * ThyssenKrupp TKAG.DE: Barclays raises target price to EUR 9 from EUR 7.3 |
| * Ubisoft UBIP.PA: Bernstein cuts target price to EUR 6.9 from EUR 9.5 |
| * Unicredit CRDI.MI: Barclays raises target price to EUR 79 from EUR 71.6 |
| * Veolia Environnement VIE.PA: Deutsche Bank raises PT to EUR 33 from EUR 32 |
| * Verbund VERB.VI: Deutsche Bank cuts target price to EUR 58 from EUR 60 |
| * Viridien VIRI.PA: Barclays raises target price to EUR 150 from EUR 100 |
| * Vodafone VOD.L: Citigroup raises target price to 100p from 85p |
| * Voestalpine VOES.VI: Barclays raises target price to EUR 44 from EUR 35 |
| * Volkswagen AG VOWG_p.DE: Berenberg raises target price to EUR 118 from EUR 113 |
| * Vusion SA VU.PA: Berenberg cuts target price to EUR 252 from EUR 270 |
| * Vusion SA VU.PA: Bernstein cuts target price to EUR 245 from EUR 290 |