| * AB VOLVO: Pareto Securities cuts to hold from buy; TP SEK 350 |
| * AB Foods ABF.L: RBC cuts target price to 1850p from 2050p |
| * AB Foods ABF.L: RBC cuts to underperform from sector perform |
| * ABB Ltd ABBN.S: Barclays raises target price to CHF 67 from CHF 51 |
| * ABB Ltd ABBN.S: Barclays raises to equal-weight from underweight |
| * ABB Ltd ABBN.S: Citigroup cuts to neutral from buy |
| * Adecco Group ADEN.S: Morgan Stanley cuts target price to CHF 20.5 from CHF 21 |
| * Adecco Group AG ADEN.S: Barclays cuts target price to CHF 29 from CHF 36.5 |
| * ADP ADP.PA: Barclays cuts target price to EUR 136 from EUR 138 |
| * Aegean Airlines AGNr.AT: Barclays cuts target price to EUR 14 from EUR 15 |
| * Ahold Delhaize AD.AS: UBS raises target price to EUR 42 from EUR 35 |
| * AIB Group Plc AIBG.I: Deutsche Bank raises target price to EUR 10.2 from EUR 9.6 |
| * Air France-KLM AIRF.PA: Barclays cuts target price to EUR 9.85 from EUR 10.3 |
| * Aixtron AIXGn.DE: Deutsche Bank raises target price to EUR 38 from EUR 31 |
| * Aixtron SE AIXGn.DE: Deutsche Bank cuts to hold from buy |
| * Alfa Laval ALFA.ST: Barclays raises target price to SEK 570 from SEK 565 |
| * Alstom ALSO.PA: Morgan Stanley raises target price to EUR 22 from EUR 20 |
| * ASML ASML.AS: KBC Securities cuts PT to EUR 1175 from EUR 1270; rating 'hold' |
| * Athens International Airport SA AIAr.AT: Barclays cuts PT to EUR 10.15 from EUR 10.2 |
| * Avanza Bank AVANZ.ST: JP Morgan raises target price to SEK 357 from SEK 353 |
| * Adidas AG ADSGn.DE: HSBC cuts target price to EUR 175 from EUR 180 |
| * Azelis AZE.BR: Barclays raises target price to EUR 11 from EUR 10.5 |
| * Bank of Ireland Group Plc BIRG.I: Deutsche Bank raises PT to EUR 19.8 from EUR 19.4 |
| * Bechtle AG BC8G.DE: Alphavalue cuts to reduce from buy |
| * Beijer Ref BEIJb.ST: Exane BNP Paribas initiates coverage with target price SEK 110 |
| * Beijer Ref BEIJb.ST: Exane BNP Paribas initiates coverage with underperform rating |
| * Biomerieux SA BIOX.PA: RBC cuts target price to EUR 100 from EUR 115 |
| * Brenntag BNRGn.DE: Barclays raises target price to EUR 57 from EUR 42 |
| * Bystronic BYS.S: UBS cuts target price to CHF 220 from CHF 255 |
| * Dassault Systemes DAST.PA: Deutsche Bank cuts target price to EUR 20 from EUR 22 |
| * Diasorin SpA DIAS.MI: RBC cuts target price to EUR 75 from EUR 95 |
| * EasyJet EZJ.L: Barclays cuts target price to 550p from 600p |
| * EasyJet EZJ.L: Bernstein cuts target price to 425p from 510p |
| * EasyJet EZJ.L: Bernstein cuts to market-perform from outperform |
| * Endesa ELE.MC: HSBC raises target price to EUR 38.4 from EUR 37.6 |
| * Ericsson ERICB.ST: BofA Global Research cuts PT to SEK 88 from SEK 89 |
| * Essentra ESNT.L: Deutsche Bank cuts target price to 100p from 150p |
| * Essentra Plc ESNT.L: Deutsche Bank cuts to hold from buy |
| * Evonik Industries AG EVKn.DE: Jefferies raises raises PT EUR 15.1 from EUR 12.2 |
| * Evonik Industries AG EVKn.DE: Jefferies raises to hold from underperform |
| * FDM Group (Holdings) FDM.L: Barclays cuts target price to 170p from 400p |
| * Finecobank Banca Fineco SpA FBK.MI: Morgan Stanley raises PT EUR 26 from EUR 25.5 |
| * Fraport FRAG.DE: Barclays cuts target price to EUR 94 from EUR 95 |
| * Fraport AG FRAG.DE: UBS cuts target price to EUR 67 from EUR 68 |
| * Freenet AG FNTGn.DE: Berenberg cuts PT EUR 31.80 from EUR 36 |
| * Glencore GLEN.L: Citigroup raises target price to 670p from 620p |
| * Genmab GMAB.CO: TD Cowen raises target price to DKK 1990 from DKK 1978 |
| * Georg Fischer AG GF.S: Alphavalue cuts to add from buy |
| * GSK GSK.L: Jefferies raises target price to 2500p from 2450p |
| * Halma HLMA.L: Barclays raises target price to 4550p from 4100p |
| * Handelsbanken SHBa.ST: Deutsche Bank raises target price to SEK 135 from SEK 131 |
| * Hays HAYS.L: Barclays cuts target price to 44p from 87p |
| * Hexagon HEXAb.ST: Deutsche Bank cuts target price to SEK 100 from SEK 110 |
| * Holcim AG HOLN.S: Deutsche Bank resumes coverage with target price CHF 85 |
| * Holcim AG HOLN.S: Deutsche Bank resumes coverage with buy rating |
| * Hostelworld Group Plc HSW.L: Berenberg initiates coverage with buy rating |
| * Hostelworld Group Plc HSW.L: Berenberg initiates coverage with target price 171p |
| * HSBC HSBA.L: Morgan Stanley raises target price to 1420p from 1409p |
| * IMCD IMCD.AS: Barclays raises target price to EUR 106 from EUR 103 |
| * IMI Plc IMI.L: Barclays raises target price to 3230p from 2810p |
| * International Airlines Group ICAG.L: Barclays cuts target price to 425p from 440p |
| * Italy'S Prysmian PRY.MI: Barclays raises target price to EUR 119 from EUR 112 |
| * Jet2 Plc JET2.L: Barclays cuts target price to 1600p from 1700p |
| * Kering PRTP.PA: Morgan Stanley cuts target price to EUR 320 from EUR 330 |
| * Kering PRTP.PA: Morgan Stanley cuts to equal weight from overweight |
| * Largo ALLGO.PA: TP ICAP Midcap cuts PT to EUR 3.8 from EUR 4.3; rating 'buy' |
| * Legrand LEGD.PA: Barclays cuts target price to EUR 144 from EUR 175 |
| * Legrand LEGD.PA: Barclays cuts to equal-weight from overweight |
| * Lloyds LLOY.L: JP Morgan raises target price to 121p from 117p |
| * Mensch Und Maschine MUMG.DE: Deutsche Bank cuts target price to EUR 46 from EUR 60 |
| * Michelin MICP.PA: Morgan Stanley cuts target price to EUR 28 from EUR 30 |
| * MTU Aero Engines MTXGn.DE: Barclays cuts target price to EUR 415 from EUR 430 |
| * Natwest Group Plc NWG.L: JP Morgan raises target price to 780p from 750p |
| * Nemetschek SE NEKG.DE: UBS cuts target price to EUR 56 from EUR 76 |
| * Nemetschek SE NEKG.DE: UBS cuts to sell from neutral |
| * NKT A/S NKT.CO: Barclays raises target price to DKK 807 from DKK 800 |
| * Noba Bank Group AB (Publ)NOBA.ST:Goldman Sachs cuts PT to SEK 122 from SEK 141 |
| * Nokia NOKIA.HE: BofA Global Research raises PT to EUR 10.70 from EUR 6.87 |
| * Nokia NOKIA.HE: BofA Global Research raises to buy from neutral rating |
| * Norwegian Air Shuttle As NAS.OL: Barclays cuts target price to NOK 19 from NOK 20 |
| * Orsted ORSTED.CO: HSBC raises target price to DKK 174 from DKK 165 |
| * Ovh Groupe OVH.PA: TP ICAP Midcap cuts PT to EUR 6.2 from EUR 6.5; rating 'sell' |
| * Pagegroup PAGE.L: Barclays cuts target price to 155p from 310p |
| * Pandora PNDORA.CO: Kepler Cheuvreux initiates coverage with target price DKK 525 |
| * Pandora PNDORA.CO: Kepler Cheuvreux initiates coverage with hold ratinG |
| * Pennon Group Plc PNN.L: JP Morgan raises target price to 615p from 565p |
| * Poste Italiane PST.MI: BofA Global Research raises PT to EUR 28.8 from EUR 21.5 |
| * Poste Italiane PST.MI: BofA Global Research raises to buy from underperform |
| * Puma SE PUMG.DE: HSBC raises target price to EUR 26 from EUR 21 |
| * Rentokil RTO.L: Peel Hunt raises target price to 454p from 352p |
| * Rexel RXL.PA: Barclayscuts target price to EUR 29 from EUR 33 |
| * Rexel RXL.PA: Barclays cuts to underweight from equal-weight |
| * Rio Tinto RIO.L: Citigroup raises target price to 7200p from 7000p |
| * Rotork Plc ROR.L: Barclays cuts target price to 355p from 375p |
| * Rotork Plc ROR.L: Barclays cuts to equal-weight from overweight |
| * RS Group RS1R.L: Deutsche Bank cuts target price to 700p from 800p |
| * RS Group Plc RS1R.L: Deutsche Bank cuts to hold from buy |
| * Ryanair RYA.I: Barclays cuts target price to EUR 31 from EUR 32.5 |
| * Ryanair RYA.I: Bernstein raises target price to EUR 32 from EUR 28 |
| * Ryanair RYA.I: Bernstein raises to outperform from market-perform |
| * Safran SAF.PA: Barclays cuts target price to EUR 330 from EUR 340 |
| * Sainsbury'S SBRY.L: Deutsche Bank raises target price to 360p from 350p |
| * Sandvik AB SAND.ST: Citigroup cuts to neutral from buy |
| * Sandvik AB SAND.ST: Citigroup raises target price to SEK 405 from SEK 355 |
| * Sanofi SASY.PA: Citigroup raises target price to EUR 82 from EUR 80 |
| * Schindler Holding AG SCHP.S: Barclays cuts target price to CHF 315 from CHF 320 |
| * Schindler Holding AG SCHP.S: Goldman Sachs raises to neutral from sell |
| * Schneider Electric SCHN.PA: Barclays raises target price to EUR 305 from EUR 270 |
| * Schneider Electric SCHN.PA: Barclays raises to overweight from equal-weight |
| * SEB SEBa.ST: Deutsche Bank raises target price to SEK 190 from SEK 186 |
| * Severn Trent SVT.L: JP Morgan raises target price to 3,225p from 2,975p |
| * Siemens Energy AG ENR1n.DE: Barclays raises target price to EUR 100 from EUR 90 |
| * Snam SRG.MI: UBS raises target price to EUR 6.7 from EUR 5.5 |
| * Sodexo EXHO.PA: Alphavalue cuts to reduce from add |
| * Sodexo EXHO.PA: Deutsche Bank cuts target price to EUR 50 from EUR 57 |
| * Sodexo EXHO.PA: Jefferies cuts target price to EUR 50 from EUR 55 |
| * Sodexo SA EXHO.PA: Morgan Stanley cuts target price to EUR 40 from EUR 45 |
| * Standard Chartered Bank STAN.L:Morgan Stanley raises PT to 1865p from 1863p |
| * Suss Microtec SMHNn.DE: Deutsche Bank raises target price to EUR 67 from EUR 62 |
| * Swedbank SWEDa.ST: Deutsche Bank raises target price to SEK 382 from SEK 295 |
| * Swedbank SWEDa.ST: Deutsche Bank raises to buy from hold |
| * Tesco TSCO.L: Deutsche Bank raises target price to 500p from 490p |
| * TT Electronics Plc TTG.L: Berenberg raises target price to 150p from 120p |
| * TT Electronics Plc TTG.L: Berenberg raises to buy from hold |
| * TUI AG TUI1n.DE: Barclays cuts target price to EUR 10.5 from EUR 11 |
| * United Utilities UU.L: JP Morgan raises target price to 1,450p from 1,300p |
| * WH Smith Plc SMWH.L: RBC cuts target price to 650p from 675p |
| * WH Smith Plc SMWH.L: RBC cuts to sector perform from outperform |
| * Wise Plc WISEa.L: BofA Global Research raises price objective to 1182p from 1125p |
| * Wizz Air WIZZ.L: Barclays cuts target price to 1100p from 1200p |
| * Wizz Air WIZZ.L: Bernstein cuts target price to 1,300p from 2,500p |
| * Wizz Air WIZZ.L: Bernstein cuts to market-perform from outperform |
| * Zurich Airport FHZN.S: Barclays cuts target price to CHF 241 from CHF 242 |
