| * Accelleron Industries AG ACLN.S: Kepler Cheuvreux raises PT to CHF 62.5 from CHF 48 |
| * Acerinox ACX.MC: Barclays raises target price to EUR 13 from EUR 12 |
| * ADP ADP.PA: Citigroup raises target price to EUR 116 from EUR 113 |
| * Aegon Ltd AEGN.AS: Barclays cuts target price to EUR 6.3 from EUR 6.5 |
| * Aena Sme SA AENA.MC: UBS raises target price to EUR 26.8 from EUR 22 |
| * Aena Sme SA AENA.MC: UBS raises to buy from neutral |
| * Aker BP AKRBP.OL: Kepler Cheuvreux cuts target price to NOK 135 from NOK 150 |
| * Alcon AG ALCC.S: Berenberg cuts target price to CHF 90 from CHF 93 |
| * ArcelorMittal MT.AS: Barclays cuts to equal-weight from overweight |
| * ASML Holding NV ASML.AS: BofA Global Research ups price objective to EUR 797 from EUR 759 |
| * ASR Nederland NV ASRNL.AS: Barclays raises target price to EUR 58 from EUR 55.5 |
| * Avanza Bank AVANZ.ST: Berenberg raises target price to SEK 350 from SEK 330 |
| * Azelis AZE.BR: Deutsche Bank raises target price to EUR 17 from EUR 14 |
| * Azelis AZE.BR: Deutsche Bank raises to buy from hold |
| * B&M BMEB.L: Deutsche Bank cuts target price to 390p from 410p |
| * B&M BMEB.L: JP Morgan cuts target price to 207p from 281p |
| * Banco Bpm BAMI.MI: Barclays raises target price to EUR 11.1 from EUR 11 |
| * Bank of Georgia BGEO.L: Jefferies raises target price to 9000p from 5900p |
| * Barclays BARC.L: RBC raises target price to 355p from 340p |
| * Barratt Redrow BTRW.L: Barclays cuts target price to 524p from 567p |
| * Barratt Redrow Plc BTRW.L: Berenberg cuts target price to 485p from 540p |
| * Barratt Redrow Plc BTRW.L: Morgan Stanley cuts target price to 560p from 610p |
| * Barratt Redrow Plc BTRW.L: Peel Hunt cuts target price to 470p from 540p |
| * Barratt Redrow Plc BTRW.L: Peel Hunt raises to buy from add |
| * Barratt Redrow Plc BTRW.L: UBS cuts target price to 565p from 575p |
| * Barry Callebaut AG BARN.S: Berenberg cuts target price to CHF 1110 from CHF 1160 |
| * Belimo Holding AG BEAN.S: Berenberg raises target price to CHF 1010 from CHF 782 |
| * BMPS BMPS.MI: Barclays raises target price to EUR 7.8 from EUR 7.7 |
| * Brenntag BNRGn.DE: Deutsche Bank cuts target price to EUR 52 from EUR 75 |
| * Brenntag SE BNRGn.DE: Deutsche Bank cuts to hold from buy |
| * Brenntag SE BNRGn.DE: Morgan Stanley cuts target price to EUR 65 from EUR 69 |
| * Bureau Veritas SA BVI.PA: Barclays cuts target price to EUR 34 from EUR 37 |
| * Carnival CCL.L: Citigroup raises target price to 2700p from 2200p |
| * Central Asia Metals Plc CAML.L: RBC cuts target price to 190p from 200p |
| * Clariane SE CLARI.PA: Bernstein initiates coverage with outperform rating |
| * Clariane SE CLARI.PA: Bernstein target price EUR 6.8 |
| * Commerzbank AG CBKG.DE: RBC raises target price to EUR 27 from EUR 24 |
| * Corero Network Security Plc CNSP.L: Canaccord Genuity cuts target price to 19p from 24p |
| * Craneware Plc CRW.L: Panmure Liberum raises target price to 2850p from 2750p |
| * Credem EMBI.MI: Barclays cuts target price to EUR 12.4 from EUR 12.5 |
| * Cucinelli BCU.MI: Bernstein initiates coverage with market-perform rating |
| * Cucinelli BCU.MI: Bernstein target price EUR 118 |
| * Dalata Hotel Group Plc DHG.I: UBS cuts to neutral from buy |
| * Elisa ELISA.HE: Inderes raises target price to EUR 50 |
| * Elisa ELISA.HE: Inderes raises to accumulate from reduce from EUR 48 |
| * Ericsson ERICb.ST: Kepler Cheuvreux cuts target price to SEK 80 from SEK 85 |
| * Eurofins EUFI.PA: Barclays raises target price to EUR 54 from EUR 50 |
| * Evonik Industries AG EVKn.DE: Exane BNP Paribas initiates with outperforming rating |
| * Evonik Industries AG EVKn.DE: Exane BNP Paribas target price EUR 22 |
| * Genus Plc GNS.L: Deutsche Bank raises target price to 2550p from 2250p |
| * Georg Fischer AG GF.S: Kepler Cheuvreux cuts target price to CHF 65 from CHF 74 |
| * Globaldata Plc DATA.L: Berenberg cuts target price to 260p from 300p |
| * Globaldata Plc DATA.L: Deutsche Bank cuts target price to 195p from 215p |
| * Grifols SA GRLS.MC: Barclays raises target price to EUR 15 from EUR 13 |
| * Hays Plc HAYS.L: Morgan Stanley cuts target price to 55p from 64p |
| * Hays Plc HAYS.L: Morgan Stanley cuts to underweight from equal weight |
| * Hensoldt AG HAGG.DE: JP Morgan raises target price to EUR 120 from EUR 110 |
| * HSBC Holdings Plc HSBA.L: Barclays cuts target price to 1150p from 1200p |
| * IMCD IMCD.AS: Deutsche Bank raises target price to EUR 136 from EUR 126 |
| * IMCD IMCD.AS: Deutsche Bank raises to buy from hold |
| * Indutrade INDT.ST: Kepler Cheuvreux cuts target price to SEK 265 from SEK 275 |
| * Integrafin IHPI.L: Deutsche Bank raises target price to 425p from 360p |
| * Integrafin Holdings Plc IHPI.L: Berenberg raises target price to 440p from 380p |
| * Interroll INRN.S: UBS raises target price to CHF 2306 from CHF 1798 |
| * Interroll INRN.S: UBS raises to buy from neutral |
| * Intertek Group Plc ITRK.L: Barclays cuts target price to 5630p from 5740p |
| * Intesa Sanpaolo ISP.MI: Barclays raises target price to EUR 5.6 from EUR 5.5 |
| * JDE Peets JDEP.AS: KBC Securities cuts to hold from buy |
| * JDE Peets JDEP.AS: KBC Securities raises target price to EUR 25 from EUR 24 |
| * Jupiter Fund Management JUP.L: Canaccord Genuity raises to hold from sell |
| * Jupiter Fund Management JUP.L: Canaccord Genuity raises target price to 120p from 60p |
| * Kenmare Resources KMR.I: Midcap Partners rates buy from under review |
| * Kenmare Resources KMR.I: Midcap Partners target price to EUR 4.2 from under review |
| * Lanxess AG LXSG.DE: Exane BNP Paribas initiates coverage with neutral rating; PT EUR 25 |
| * Lottomatica Group SpA LTMC.MI: Jefferies raises target price to EUR 32 from EUR 23 |
| * Lottomatica Group SpA LTMC.MI: Kepler Cheuvreux raises target to EUR 28 from EUR 24 |
| * LSEG LSEG.L: JP Morgan cuts target price to 12,700p from 13,300p |
| * Maersk MAERSKb.CO: BofA Global Research ups price objective to DKK 12500 from DKK 12300 |
| * Mediobanca MDBI.MI: Barclays raises target price to EUR 18.5 from EUR 18.4 |
| * Metro Bank Plc MTRO.L: Barclays raises target price to 110p from 80p |
| * Novo Nordisk NOVOb.CO: UBS cuts target price to DKK 600 from DKK 700 |
| * OneSavings Bank OSBO.L: Barclays raises target price to 620p from 580p |
| * Outokumpu OUT1V.HE: Barclays cuts target price to EUR 3 from EUR 3.3 |
| * Outokumpu OUT1V.HE: Barclays cuts to underweight from equal-weight |
| * Partners Group Holding AG PGHN.S: Barclays raises PT to CHF 1330 from CHF 1320 |
| * Partners Group Holding AG PGHN.S: Kepler Cheuvreux cuts PT to CHF 1150 from CHF 1200 |
| * Partners Group Holding AG PGHN.S: UBS raises target price to CHF 1266 from CHF 1227 |
| * Pepco Group NV PCOP.WA: Deutsche Bank raises target price to PLN 24.5 from PLN 20 |
| * Quilter Plc QLT.L: JP Morgan raises target price to 177p from 164p |
| * Renault RENA.PA: Berenberg cuts target price to EUR 48 from EUR 55 |
| * Renault SA RENA.PA: Deutsche Bank cuts target price to EUR 47 from EUR 55 |
| * Reply SpA REY.MI: Kepler Cheuvreux cuts target price to EUR 155 from EUR 158 |
| * Robert Walters RWA.L: Deutsche Bank cuts target price to 350p from 400p |
| * SAF Holland SE SFQ.DE: Deutsche Bank cuts target price to EUR 17 from EUR 18 |
| * Saipem SPMI.MI: Morgan Stanley cuts target price to EUR 3.15 from EUR 3.2 |
| * Salvatore Ferragamo SpA SFER.MI: Bernstein initiates coverage with underperform rating |
| * Salvatore Ferragamo SpA SFER.MI: Bernstein target price EUR 3.4 |
| * Salzgitter AG SZGG.DE: Citigroup raises target price to EUR 27 from EUR 24 |
| * Sampo SAMPO.HE: Barclays raises target price to EUR 10.5 from EUR 10 |
| * Schott Pharma AG & Co KGaA 1SXP.DE: Barclays cuts PT to EUR 30 from EUR 32 |
| * SGS SA SGSN.S: Barclays cuts target price to CHF 80 from CHF 83 |
| * SSAB SSABa.ST: Barclays cuts target price to SEK 60 from SEK 63 |
| * Streamwide ALSTW.PA: Midcap Partners raises target price to EUR 43 from EUR 38 |
| * Streamwide ALSTW.PA: Midcap Partners cuts to hold from buy |
| * Technip Energies NV TE.PA: Morgan Stanley raises target price to EUR 32 from EUR 30 |
| * Telia TELIA.ST: Deutsche Bank raises target price to SEK 27 from SEK 24.5 |
| * Thule THULE.ST: Jefferies raises target price to SEK 335 from SEK 320 |
| * Thule THULE.ST: Kepler Cheuvreux raises target price to SEK 325 from SEK 310 |
| * ThyssenKrupp TKAG.DE: Barclays raises target price to EUR 7.3 from EUR 4.9 |
| * UCB SA UCB.BR: Goldman Sachs initiates coverage with buy rating |
| * UCB SA UCB.BR: Goldman Sachs price target EUR 250 |
| * Unicredit CRDI.MI: Barclays raises target price to EUR 63.9 from EUR 62.5 |
| * Vallourec VLLP.PA: Morgan Stanley cuts target price to EUR 18.5 from EUR 19.5 |
| * Voestalpine VOES.VI: Barclays raises target price to EUR 29 from EUR 25 |
| * Voestalpine AG VOES.VI: Citigroup raises target price to EUR 27 from EUR 25 |
| * WPP Plc WPP.L: Morgan Stanley cuts target price to 450p from 575p |
| * Ypsomed Holding AG YPSN.S: Barclays raises target price to CHF 450 from CHF 350 |
| * Zurich Insurance Group AG ZURN.S: Barclays raises PT to CHF 585 from CHF 580 |
