| * Aberdeen Group Plc ABDN.L: Kepler Cheuvreux initiates coverage with hold rating |
| * Aberdeen Group Plc ABDN.L: Kepler Cheuvreux initiates coverage with price target 224p |
| * Ackermans & Van Haaren NV ACKB.BR: Kepler Cheuvreux raises PT to EUR 315 from EUR 219 |
| * Aegon AEGN.AS: UBS cuts to neutral from buy |
| * Aegon AEGN.AS: UBS raises target price to EUR 7.3 from EUR 7.2 |
| * Airbus AIR.PA: Deutsche Bank cuts target price to EUR 222 from EUR 228 |
| * Airbus AIR.PA: UBS cuts target price to EUR 230 from EUR 240 |
| * Alfa Laval ALFA.ST: JP Morgan reinstates coverage with neutral rating |
| * Alfa Laval ALFA.ST: JP Morgan reinstates coverage with price target SEK 509 |
| * Allfunds ALLFG.AS: Deutsche Bank raises target price to EUR 9 from EUR 8.5 |
| * Amadeus AMA.MC: JP Morgan cuts target price to EUR 71 from EUR 75 |
| * Aramis Group Sas ARAMI.PA: Exane BNP Paribas cuts target price to EUR 5 from EUR 10 |
| * Aramis Group Sas ARAMI.PA: Exane BNP Paribas cuts to neutral from outperform |
| * Atlas Copco AB ATCOa.ST: Barclays raises target price to SEK 178 from SEK 145 |
| * Autostore AUTO.OL: Barclays raises target price to NOK 10.4 from NOK 10.2 |
| * B&M BMEB.L: Berenberg cuts target price to 300p from 450p |
| * Bankinter BKT.MC: Goldman Sachs cuts target price to EUR 13.1 from EUR 13.53 |
| * Bankinter BKT.MC: Goldman Sachs cuts to sell from neutral |
| * BBVA BBVA.MC: Deutsche Bank raises target price to EUR 19.75 from EUR 15.9 |
| * Bellway Plc BWY.L: JP Morgan raises target price to 3820p from 3280p |
| * BMW BMWG.DE: BofA Global Research raises price objective to EUR 85 from EUR 79 |
| * Bodycote BOY.L: Barclays raises target price to 765p from 635p |
| * BT BT.L: BofA Global Research raises price objective to 212p from 202p |
| * Burberry Group BRBY.L: HSBC raises target price to 1525p from 1515p |
| * Caixabank CABK.MC: Deutsche Bank raises target price to EUR 9.15 from EUR 7.75 |
| * Capgemini CAPP.PA: JP Morgan reinstates coverage with neutral rating |
| * Capgemini CAPP.PA: JP Morgan reinstates coverage with price target EUR 155 |
| * Carlsberg A/S CARLb.CO: UBS raises target price to DKK 1060 from DKK 810 |
| * Carlsberg A/S CARLb.CO: UBS raises to buy from neutral |
| * Casino SA CASP.PA: Alphavalue cuts target price to EUR 0.33 from EUR 0.64 |
| * Cellnex CLNX.MC: BofA Global Research raises price objective to EUR 42.3 from EUR 40.1 |
| * Commerzbank AG CBKG.DE: Goldman Sachs raises to neutral from sell |
| * Computacenter Plc CCC.L: JP Morgan raises target price to 3300p from 3000p |
| * Credit Agricole CAGR.PA: Goldman Sachs raises target price to EUR 18.1 from EUR 17.9 |
| * Crest Nicholson Holdings Plc CRST.L: JP Morgan cuts target price to 160p from 190p |
| * Danske Andelskassers Bank A/S DABA.CO: Goldman Sachs raises PTto NOK 325 from NOK 275 |
| * Danske Bank DANSKE.CO: Goldman Sachs raises target price to DKK 325 from DKK 275 |
| * Dassault Systemes DAST.PA: JP Morgan cuts target price to EUR 26 from EUR 30 |
| * Davide Campari CPRI.MI: UBS raises target price to EUR 6.2 from EUR 6 |
| * Dhl Group DHLn.DE: Deutsche Bank raises target price to EUR 48 from EUR 42 |
| * Diageo DGE.L: UBS cuts target price to 1850p from 2250p |
| * Diageo DGE.L: UBS cuts to neutral from buy |
| * DNB DNB.OL: Goldman Sachs cuts target price to NOK 290 from NOK 295 |
| * DNB DNB.OL: Goldman Sachs cuts to neutral from buy |
| * DR ING HC F Porsche AG P911_p.DE: BofA Global Research raises PT to EUR 45 from EUR 38 |
| * DWS Group Gmbh & Co KGaA DWSG.DE: Exane BNP Paribas raises to neutral from underperform |
| * Elementis Plc ELM.L: Jefferies raises target price to 210p from 200p |
| * Elisa ELISA.HE: BofA Global Research cuts price objective to EUR 44.9 from EUR 50.8 |
| * Ferrari RACE.MI: BofA Global Research cuts price objective to EUR 415 from EUR 450 |
| * Future Plc FUTR.L: JP Morgan cuts target price to 1235p from 1280p |
| * Gecina SA GFCP.PA: Goldman Sachs raises target price to EUR 95.4 from EUR 86.4 |
| * Gecina SA GFCP.PA: Goldman Sachs raises to buy from neutral |
| * Gecina SA GFCP.PA: Goldman Sachs raises to buy from neutral |
| * Gecina SA GFCP.PA: ING initiates coverage with buy rating |
| * Gecina SA GFCP.PA: ING initiates coverage with price target EUR 97 |
| * Grand City Properties SA GYC.DE: Goldman Sachs cuts target price to EUR 11.5 from EUR 12 |
| * Grand City Properties SA GYC.DE: Goldman Sachs cuts to neutral from buy |
| * Great Portland Estates Plc GPEG.L: Goldman Sachs cuts target price to 340p from 400p |
| * Great Portland Estates Plc GPEG.L: Goldman Sachs cuts to neutral from buy |
| * Great Portland Estates Plc GPEG.L: Goldman Sachs cuts to neutral from buy |
| * Hermes HRMS.PA: HSBC cuts target price to EUR 2250 from EUR 2350 |
| * Hugo Boss BOSSn.DE: Deutsche Bank cuts target price to EUR 37 from EUR 42 |
| * Inditex ITX.MC: Bernstein raises target price to EUR 60 from EUR 55 |
| * Inditex ITX.MC: Deutsche Bank raises target price to EUR 53 from EUR 48 |
| * Inditex ITX.MC: Kepler Cheuvreux raises target price to EUR 57.25 from EUR 53.5 |
| * Intesa Sanpaolo SpA ISP.MI: Goldman Sachs raises target price to EUR 6 from EUR 5.9 |
| * Jungheinrich JUNG_p.DE: Barclays raises target price to EUR 44 from EUR 42 |
| * KBC Groep NV KBC.BR: Goldman Sachs raises target price to EUR 126 from EUR 123 |
| * Kering PRTP.PA: HSBC cuts target price to EUR 340 from EUR 370 |
| * Kion KGX.DE: Barclays raises target price to EUR 72 from EUR 66 |
| * Lloyds LLOY.L: Goldman Sachs raises target price to 110p from 105p |
| * LVMH LVMH.PA: HSBC raises target price to EUR 775 from EUR 725 |
| * Man Group Plc EMG.L: Kepler Cheuvreux initiates coverage with buy rating; price target 233p |
| * Mercedes-Benz Group AG MBGn.DE: BofA Global Research raises PT to EUR 63 from EUR 50 |
| * Mercedes-Benz Group AG MBGn.DE: BofA Global Research raises to neutral from underperform |
| * Mitie Group Plc MTO.L: RBC initiates coverage with outperform rating |
| * Mitie Group Plc MTO.L: RBC initiates coverage with target price 195p |
| * Moncler MONC.MI: HSBC raises target price to EUR 60 from EUR 52 |
| * Natwest Group Plc NWG.L: Goldman Sachs cuts to neutral from buy |
| * Natwest Group Plc NWG.L: Goldman Sachs raises target price to 685p from 665p |
| * Nemetschek SE NEKG.DE: JP Morgan cuts target price to EUR 90 from EUR 100 |
| * NKT A/S NKT.CO: Barclays raises target price to DKK 1097 from DKK 851 |
| * NKT A/S NKT.CO: Barclays raises target price to DKK 1097 from DKK 851 |
| * Noba Bank Group AB (Publ) NOBA.ST: Goldman Sachs raises PT to SEK 133 from SEK 123 |
| * Novo Nordisk NOVOb.CO: UBS cuts target price to DKK 295 from DKK 315 |
| * Paragon Banking PAGPA.L: RBC raises target price to 1050p from 975p |
| * Pernod Ricard PERP.PA: Deutsche Bank resumes coverage with hold rating |
| * Pernod Ricard PERP.PA: Deutsche Bank resumes coverage with target price EUR 80 |
| * Pernod Ricard PERP.PA: UBS cuts target price to EUR 75 from EUR 87 |
| * Persimmon PSN.L: JP Morgan raises target price to 1800p from 1520p |
| * Petkim PETKM.IS: HSBC cuts target price to TRY 11 from TRY 12 |
| * Rathbones Group RAT.L: Kepler Cheuvreux initiates coverage price target 2122p |
| * Rathbones Group RAT.L: Kepler Cheuvreux initiates coverage with buy rating |
| * Remy Cointreau RCOP.PA: UBS cuts target price to EUR 33 from EUR 53 |
| * Remy Cointreau RCOP.PA: UBS cuts to sell from neutral |
| * Richemont CFR.S: HSBC raises target price to CHF 220 from CHF 205 |
| * SAGE Group SGE.L: JP Morgan cuts target price to 1300p from 1500p |
| * Santander SAN.MC: Goldman Sachs raises target price to EUR 11.1 from EUR 10.8 |
| * SAP SE SAPG.DE: JP Morgan cuts target price to EUR 290 from EUR 310 |
| * Schneider Electric SCHN.PA: JP Morgan raises target price to EUR 285 from EUR 220 |
| * Schneider Electric SCHN.PA: JP Morgan raises to overweight from neutral |
| * Schroders SDR.L: Kepler Cheuvreux initiates coverage with hold rating |
| * Schroders SDR.L: Kepler Cheuvreux initiates coverage with price target 427p |
| * SEB AB SEBa.ST: Goldman Sachs raises target price to SEK 190 from SEK 185 |
| * Siemens Energy AG ENR1n.DE: JP Morgan raises target price to EUR 160 from EUR 100 |
| * Siemens Energy AG ENR1n.DE: JP Morgan raises to overweight from neutral |
| * Siemens Healthineers SHLG.DE: Deutsche Bank cuts target price to EUR 46 from EUR 57 |
| * Siemens Healthineers SHLG.DE: Deutsche Bank cuts to hold from buy |
| * SKF SKFb.ST: JP Morgan reinstates coverage with price target SEK 250 |
| * SKF SKFb.ST: JP Morgan reinstates coverage with neutral rating |
| * SKF AB SKFb.ST: Barclays raises target price to SEK 260 from SEK 230 |
| * Smiths Group SMIN.L: Kepler Cheuvreux raises target price to 2850p from 2780p |
| * Societe Generale SA SOGN.PA: Goldman Sachs raises to buy from neutral |
| * Softcat Plc SCTS.L: JP Morgan raises target price to 1950p from 1750p |
| * Softcat Plc SCTS.L: JP Morgan raises to overweight from neutral |
| * Stellantis NV STLAM.MI: BofA Global Research raises price objective to EUR 10.3 from EUR 9.5 |
| * Swatch UHR.S: HSBC raises target price to CHF 120 from CHF 110 |
| * Swedbank SWEDa.ST: Goldman Sachs cuts to sell from neutral |
| * Swedbank SWEDa.ST: Goldman Sachs raises target price to SEK 282 from SEK 273 |
| * Swisscom AG SCMN.S: BofA Global Research cuts price objective to CHF 460 from CHF 462 |
| * Synthomer SYNTS.L: Jefferies raises target price to 65p from 62p |
| * Taylor Wimpey TW.L: JP Morgan cuts target price to 120p from 140p |
| * Tele2 AB TEL2b.ST: BofA Global Research raises price objective to SEK 152 from SEK 146 |
| * Telefonica TEF.MC: BofA Global Research cuts price objective to EUR 3.4 from EUR 3.8 |
| * Telefonica TEF.MC: BofA Global Research cuts to underperform from neutral |
| * Telenor TEL.OL: BofA Global Research cuts price objective to NOK 166 from NOK 180 |
| * Telia TELIA.ST: BofA Global Research raises price objective to SEK 46 from SEK 42.3 |
| * Temenos AG TEMN.S: JP Morgan raises target price to CHF 90 from CHF 85 |
| * Unite Group UTG.L: Morgan Stanley cuts target price to 700p from 960p |
| * Victorian Plumbing VIC.L: Deutsche Bank raises target price to 80p from 70p |
| * Victrex Plc VCTX.L: Jefferies raises target price to 700p from 650p |
| * Vistry Group Plc VTYV.L: JP Morgan raises target price to 640p from 570p |
| * Vodafone VOD.L: BofA Global Research raises price objective to 98p from 92p |
| * Zealand pharma ZELA.CO: Berenberg cuts target price to DKK 825 from DKK 850 |
| * Zigup Plc ZIG.L: Deutsche Bank raises target price to 525p from 500p |
