| * Anheuser-Busch Inbev ABI.BR: UBS raises target price to EUR 78 from EUR 75 |
| * Antofagasta ANTO.L: Scotiabank raises target price to 2000p from 1800p |
| * Arkema SA AKE.PA: Jefferies cuts target price to EUR 65 from EUR 80 |
| * Arkema SA AKE.PA: Jefferies cuts to hold from buy |
| * Aviva AV.L: Barclays cuts to equal weight from overweight |
| * BE Semiconductor BESI.AS: Deutsche Bank raises target price to EUR 140 from EUR 125 |
| * Brenntag SE BNRGn.DE: Jefferies cuts target price to EUR 53 from EUR 63 |
| * Brenntag SE BNRGn.DE: Jefferies cuts to underperform from hold |
| * British American Tobacco Plc BATS.L: Barclays raises target price to 4100p from 3750p |
| * BT BT.L: Citigroup raises target price to 130p from 112p |
| * BT BT.L: New Street Research raises target price to 265p from 240p |
| * Clariant AG CLN.S: Jefferies cuts target price to CHF 9.50 from CHF 10.90 |
| * Clariant AG CLN.S: Jefferies cuts to hold from buy |
| * Costain Group Plc COSG.L: Peel Hunt raises target price to 150p from 135p |
| * Drax Group Plc DRX.L: RBC cuts target price to 925p from 1050p |
| * Energean Plc ENOG.L: Berenberg cuts to hold from buy |
| * Exor EXOR.AS: UBS cuts target price to EUR 126 from EUR 127 |
| * Experian EXPN.L: Stifel initiates coverage with buy rating; target price 4400p |
| * Halma HLMA.L: Barclays raises target price to 3450p from 2925p |
| * Halma HLMA.L: Peel Hunt raises target price to 3280p from 3000p |
| * ISS A/S ISS.CO: UBS cuts to neutral from buy |
| * ISS A/S ISS.CO: UBS raises target price to DKK 185 from DKK 175 |
| * Klepierre LOIM.PA: Citigroup raises target price to EUR 39.60 from EUR 32.50 |
| * LVMH LVMH.PA: Citigroup cuts target price to EUR 657 from EUR 811 |
| * M&G MNG.L: Barclays raises target price to 295p from 240p |
| * M&G MNG.L: Barclays raises to overweight from equal weight |
| * Marks and Spencer Group MKS.L: Citigroup raises target price to 380p from 370p |
| * Moncler MONC.MI: Deutsche Bank cuts target price to EUR 57 from EUR 60 |
| * Novo Nordisk NOVOb.CO: JP Morgan cuts target price to DKK 650 from DKK 1000 |
| * Oxford Instruments Plc OXIG.L: Deutsche Bank cuts target price to 2550p from 2750p |
| * Paragon Banking PAGPA.L: Peel Hunt raises target price to 1,030p from 950p |
| * Prudential PRU.L: JP Morgan raises target price to 1,150p from 1,000p |
| * Segro SGRO.L: Morgan Stanley cuts target price to 850p from 900p |
| * Siemens Energy ENR1n.DE: Deutsche Bank raises target price to EUR 100 from EUR 95 |
| * Sodexo EXHO.PA: Deutsche Bank cuts target price to EUR 69 from EUR 73 |
| * Soitec SA SOIT.PA: Bernstein cuts target price to EUR 85 from EUR 100 |
| * Syensqo NV SYENS.BR: Jefferies raises target price to EUR 80 from EUR 70 |
| * Syensqo NV SYENS.BR: Jefferies raises to buy from hold |
| * Symrise AG SY1G.DE: Jefferies cuts target price to EUR 90 from EUR 100 |
| * Symrise AG SY1G.DE: Jefferies cuts to underperform from hold |
| * Treatt Plc TET.L: Jefferies cuts target price to 350p from 650p |
| * Umicore SA UMI.BR: Jefferies raises target price to EUR 16 from EUR 12 |
| * Umicore SA UMI.BR: Jefferies raises to buy from hold |
| * Vodafone Group VOD.L: UBS raises target price to 72p from 68p |
