| * Alstom ALSO.PA: Morgan Stanley raises target price to EUR 20 from EUR 19 |
| * Anglo American Plc AAL.L: Barclays raises target price to 3300p from 2720p |
| * Antofagasta ANTO.L: Barclays raises target price to 2700p from 2178p |
| * Antofagasta ANTO.L: JP Morgan raises target price to 3500p from 2500p |
| * ASML Holding NV ASML.AS: Susquehanna raises target price to EUR 1,000 from EUR 900 |
| * Billerud AB (Publ) BILL.ST: Citigroup cuts target price to SEK 80 from SEK 84 |
| * BNP Paribas BNPP.PA: RBC raises target price to EUR 96 from EUR 95 |
| * Boliden BOL.ST: Barclays raises target price to SEK 350 from SEK 250 |
| * Boliden BOL.ST: JP Morgan raises target price to SEK 395 from SEK 275 |
| * Central Asia Metals Plc CAML.L: Peel Hunt raises target price to 210p from 205p |
| * Ceres Power Holdings Plc CWR.L: Peel Hunt cuts to hold from buy |
| * Ceres Power Holdings Plc CWR.L: Peel Hunt raises target price to 190p from 120p |
| * Danieli & C Officine Meccaniche SpA DANI.MI: Berenberg ups PT to EUR 55 from EUR 44 |
| * Endeavour Mining EDV.L: Barclays raises target price to 3900p from 2950p |
| * Fagron NV FAGRO.BR: Berenberg raises target price to EUR 25 from EUR 22.7 |
| * Ferrari NV RACE.MI: HSBC cuts target price to EUR 415 from EUR 470 |
| * Ferrexpo Plc FXPO.L: Barclays cuts target price to 47p from 85p |
| * Glencore GLEN.L: Barclays raises target price to 430p from 415p |
| * Hochschild Mining HOCM.L: Barclays raises target price to 500p from 355p |
| * Hornbach Holding AG & Co KGaA HBH.DE: Berenberg cuts PT to EUR 95 from EUR 105 |
| * HSBC HSBA.L: Jefferies cuts to hold from buy; raises PT to 1,120p from 960p |
| * Hugo Boss AG BOSSn.DE: Baader Europe raises target price to EUR 46.6 from EUR 42 |
| * Hydro NHY.OL: JP Morgan raises target price to NOK 74 from NOK 73 |
| * Infineon Technologies AG IFXGn.DE: TD Cowen cuts target price to EUR 40 from EUR 42 |
| * Johnson Matthey Plc JMAT.L: Deutsche Bank raises target price to 2300p from 2100p |
| * Jyske Bank JYSK.CO: Barclays raises target price to DKK 801 from DKK 742 |
| * Keller Group Plc KLR.L: RBC initiates coverage with sector perform rating |
| * Keller Group Plc KLR.L: RBC initiates coverage with target price 1,540p |
| * Kion Group AG KGX.DE: Morgan Stanley raises target price to EUR 52 from EUR 36 |
| * Legrand LEGD.PA: Deutsche Bank raises target price to EUR 155 from EUR 150 |
| * L'Oreal S.A OREP.PA: Morgan Stanley cuts target price to EUR 376 from EUR 378 |
| * Lseg LSEG.L: JP Morgan cuts target price to 12800p from 12900p |
| * Merlin Properties MRL.MC: Barclays raises target price to EUR 14.2 from EUR 14.1 |
| * Michelin MICP.PA: Citigroup cuts target price to EUR 36 from EUR 37 |
| * Munich Re MUVGn.DE: Barclays raises target price to EUR 587 from EUR 586 |
| * Nexans NEXS.PA: Exane BNP Paribas cuts to underperform from neutral |
| * Next 15 Group Plc NFGN.L: Panmure Liberum raises target price to 479p from 344p |
| * Nordex NDXG.DE: Deutsche Bank raises target price to EUR 26 from EUR 23 |
| * Nordex SE NDXG.DE: Citigroup raises target price to EUR 26.5 from EUR 22 |
| * Norsk Hydro NHY.OL: Barclays cuts target price to NOK 70 from NOK 73 |
| * Norsk Hydro NHY.OL: Barclays cuts to equal-weight from overweight |
| * Polar Capital POLR.L: Deutsche Bank raises target price to 625p from 600p |
| * Prudential PRU.L: JP Morgan raises target price to 1,275p from 1,200p |
| * Rexel RXL.PA: Kepler Cheuvreux raises target price to EUR 32.5 from EUR 31 |
| * Richemont CFR.S: JP Morgan cuts target price to CHF 170 from CHF 175 |
| * Rio Tinto Plc RIO.L: Barclays raises target price to 5375p from 5100p |
| * Sandvik SAND.ST: Deutsche Bank raises target price to SEK 283 from SEK 263 |
| * Sanlorenzo SpA SNL.MI: UBS initiates coverage with buy rating |
| * Scandic SHOTE.ST: Deutsche Bank cuts target price to SEK 78 from SEK 79 |
| * Schneider Electric SCHN.PA: Deutsche Bank raises PT to EUR 260 from EUR 250 |
| * Schroders SDR.L: Deutsche Bank raises target price to 440p from 420p |
| * SGS SA SGSN.S: Goldman Sachs raises to neutral rating |
| * Siemens AG SIEGn.DE: Deutsche Bank raises target price to EUR 230 from EUR 220 |
| * Siemens Energy ENR1n.DE: Deutsche Bank raises target price to EUR 115 from EUR 110 |
| * Sika SIKA.S: Deutsche Bank cuts target price to CHF 248 from CHF 260 |
| * Sika AG SIKA.S: Citigroup cuts target price to CHF 190 from CHF 200 |
| * SSE SSE.L: BofA Global Research raises price objective to 2370p from 2330p |
| * SSP SSPG.L: Barclays cuts target price to 225p from 240p |
| * SSP Group Plc SSPG.L: Morgan Stanley cuts target price to 200p from 210p |
| * Stora Enso STERV.HE: Citigroup cuts target price to EUR 10.1 from EUR 10.4 |
| * Swisscom AG SCMN.S: JP Morgan resumes coverage with price target CHF 525 |
| * Swisscom AG SCMN.S: JP Morgan resumes coverage with underweight rating |
| * Syensqo NV SYENS.BR: Berenberg cuts target price to EUR 70 from EUR 80 |
| * Tate & Lyle TATE.L: Kepler Cheuvreux cuts target price to 500p from 880p |
| * Tenaris TENR.MI: Exane BNP Paribas cuts to neutral from outperform |
| * UPM UPM.HE: Citigroup cuts target price to EUR 28.5 from EUR 29.5 |
| * Vitec Software Group AB (Publ) VITb.ST:Kepler Cheuvreux cuts PT to SEK 410 from SEK 515 |
| * Volution Group Plc FAN.L: Jefferies raises target price to 820p from 780p |
| * Weir Group Plc WEIR.L: Morgan Stanley raises target price to 2590p from 2550p |
| * Xaar Plc XAR.L: Berenberg initiates coverage with buy rating |
| * Xaar Plc XAR.L: Berenberg initiates coverage with target price 160p |
