| * A.G. Barr BAG.L: BofA Global Research initiates coverage with PT 850p |
| * A.G. Barr BAG.L: BofA Global Research initiates coverage with buy rating |
| * Aberdeen Group ABDN.L: Deutsche Bank cuts target price to 225p from 240p |
| * Ams Osram AG AMS.S: UBS raises target price to CHF 13.4 from CHF 13.2 |
| * Amundi AMUN.PA: Deutsche Bank raises target price to EUR 85 from EUR 78 |
| * Amundi SA AMUN.PA: RBC cuts target price to EUR 72 from EUR 76 |
| * Antofagasta ANTO.L: Morgan Stanley cuts target price to 2880p from 2930p |
| * Arkema AKE.PA: Deutsche Bank raises target price to EUR 50 from EUR 49 |
| * Atlas Copco AB ATCOa.ST: Deutsche Bank cuts target price to SEK 180 from SEK 190 |
| * Aurubis AG NAFG.DE: Morgan Stanley raises target price to EUR 151 from EUR 130 |
| * Aurubis AG NAFG.DE: Morgan Stanley raises to equal weight from underweight |
| * Antofagasta ANTO.L: JP Morgan raises target price to 3200p from 3100p |
| * Barry Callebaut AG BARN.S: Citigroup raises target price to CHF 1,400 from CHF 1,100 |
| * Befesa SA BFSA.DE: Morgan Stanley raises target price to EUR 37 from EUR 36 |
| * Berkeley Group BKGH.L: BofA Global Research cuts PT to 3700p from 4020p |
| * Boliden BOL.ST: Morgan Stanley cuts target price to SEK 484 from SEK 534 |
| * Boliden BOL.ST: Morgan Stanley raises to equal weight from underweight |
| * BT Group BT.L: UBS raises target price to 175p from 140p |
| * Buzzi SpA BZU.MI: Morgan Stanley cuts target price to EUR 56 from EUR 57 |
| * Centrica CNA.L: Bernstein raises target price to 210p from 174p |
| * Ceres Power Holdings Plc CWR.L: Peel Hunt cuts to sell from hold |
| * Ceres Power Holdings Plc CWR.L: Peel raises target price to 200p from 190p |
| * Cibus Nordic Real Estate CIBUS.ST: Kepler Cheuvreux initiates coverage with PT SEK 180 |
| * Cibus Nordic Real Estate CIBUS.ST Kepler Cheuvreux initiates coverage with buy rating |
| * Comer Industries COME.MI: Kepler Cheuvreux raises target price to EUR 48 from EUR 46 |
| * Comer Industries COME.MI: Kepler Cheuvreux raises to buy from hold |
| * Danske Bank DANSKE.CO: Barclays raises target price to DKK 376 from DKK 360 |
| * Danske Bank DANSKE.CO: Citigroup cuts target price to DKK 356 from DKK 375 |
| * DCC DCC.L: Exane BNP Paribas raises to outperform from neutral |
| * Delivery Hero DHER.DE: Deutsche Bank cuts target price to EUR 20 from EUR 21 |
| * Deutsche Bank AG DBKGn.DE: Citigroup cuts target price to EUR 29 from EUR 30.3 |
| * Deutsche Bank AG DBKGn.DE: Citigroup raises to neutral from sell |
| * Deutsche Lufthansa AG LHAG.DE: Morgan Stanley cuts PT to EUR 7.2 from EUR 7.5 |
| * Diasorin SpA DIAS.MI: UBS cuts target price to EUR 66 from EUR 84 |
| * Diasorin SpA DIAS.MI: UBS cuts to neutral from buy |
| * DNB DNB.OL: Barclays raises target price to NOK 339 from NOK 298 |
| * DNB DNB.OL: Barclays raises to overweight from equal-weight |
| * DNB DNB.OL: Citigroup raises target price to NOK 290 from NOK 274 |
| * DWS Group Gmbh & Co KGaA DWSG.DE: RBC cuts target price to EUR 62 from EUR 68 |
| * EDP Renovaveis EDPR.LS: Morgan Stanley raises PT to EUR 13.5 from EUR 12.5 |
| * Elia Group ELI.BR: UBS cuts target price to EUR 141 from EUR 144 |
| * Endeavour Mining EDV.L: Morgan Stanley cuts target price to 4830p from 5290p |
| * ENI ENI.MI: RBC raises target price to EUR 28 from EUR 24 |
| * Entain ENT.L: Citigroup cuts target price to 1050p from 1100p |
| * Essilorluxottica SA ESLX.PA: Goldman Sachs cuts PT to EUR 265 from EUR 350 |
| * Essity ESSITYb.ST: UBS cuts target price to SEK 290 from SEK 315 |
| * First Quantum Minerals Ltd FM.TO: Morgan Stanley cuts PT to C$37.7 from C$40 |
| * Fresnillo Plc FRES.L: Morgan Stanley cuts PT to 2400p from 2690p |
| * Fuchs SE FPE3_p.DE: Berenberg cuts target price to EUR 44 from EUR 48 |
| * GEA Group AG G1AG.DE: Morgan Stanley raises target price to EUR 58 from EUR 54 |
| * Glencore Plc GLEN.L: Morgan Stanley raises target price to 610p from 570p |
| * Haypp Group AB HAYPP.ST: Deutsche Bank initiates coverage with buy rating |
| * Haypp Group AB HAYPP.ST: Deutsche Bank initiates coverage with PT SEK 196 |
| * Heidelberg Materials HEIG.DE: Morgan Stanley raises PT to EUR 222 from EUR 219 |
| * IG Group IGG.L: Deutsche Bank raises target price to 1650p from 1600p |
| * ING INGA.AS: UBS raises target price to EUR 28.5 from EUR 27.4 |
| * Jupiter JUP.L: Deutsche Bank cuts target price to 175p from 200p |
| * KGHM Polska Miedz SA KGH.WA: Morgan Stanley cuts PT to PLN 345 from PLN 360 |
| * Liontrust LIO.L: Deutsche Bank cuts target price to 160p from 165p |
| * Lloyds LLOY.L: Citigroup raises target price to 114p from 106p |
| * Lloyds LLOY.L: Citigroup raises to buy from neutral |
| * L'Oreal OREP.PA: Jefferies cuts target price to EUR 326 from EUR 350 |
| * Man Group EMG.L: Deutsche Bank cuts target price to 280p from 305p |
| * Melia Hotels MEL.MC: Kepler Cheuvreux raises PT to EUR 10 from EUR 6.65 |
| * Melia Hotels MEL.MC: Kepler Cheuvreux raises to hold from reduce |
| * Motorpoint Group Plc MOTR.L: Deutsche Bank cuts target price to 180p from 190p |
| * National Grid Plc NG.L: RBC raises target price to 1,400p from 1,125p |
| * Nordea NDAFI.HE: Barclays cuts target price to EUR 12.9 from EUR 13.6 |
| * Nordea NDAFI.HE: Kepler Cheuvreux cuts PT to EUR 18 from EUR 18.8 |
| * Nordex NDXG.DE: HSBC raises target price to EUR 51 from EUR 33 |
| * Nordnet SAVE.ST: Goldman Sachs raises target price to SEK 355 from SEK 320 |
| * Norsk Hydro NHY.OL: UBS cuts to neutral from buy |
| * Norsk Hydro ASA NHY.OL: Morgan Stanley raises target price to NOK 103 from NOK 87 |
| * Novonesis NSISb.CO: JP Morgan cuts target price to DKK 500 from DKK 540 |
| * Ontex Group NV ONTEX.BR: UBS cuts target price to EUR 3.8 from EUR 4.9 |
| * Pearson PSON.L: JP Morgan raises target price to 1,430p from 1,420p |
| * Pennon Group Plc PNN.L: RBC raises target price to 650p from 600p |
| * Philogen SpA PHIL.MI: Goldman Sachs cuts target price to EUR 18 from EUR 25 |
| * Playtech PTEC.L: Jefferies raises target price to 405p from 240p |
| * Polar Capital POLR.L: Deutsche Bank cuts target price to 790p from 860p |
| * Quilter QLT.L: Deutsche Bank cuts target price to 170p from 175p |
| * R&S Group RSGN.S: UBS raises target price to CHF 26 from CHF 25 |
| * Rathbones RAT.L: Deutsche Bank cuts target price to 2200p from 2300p |
| * Rémy Cointreau RCOP.PA: Barclays raises target price to EUR 37 from EUR 35 |
| * Remy Cointreau RCOP.PA: UBS raises target price to EUR 35 from EUR 33 |
| * Reply SpA REY.MI: Berenberg cuts target price to EUR 135 from EUR 150 |
| * Rexel RXL.PA: Jefferies raises to buy from hold; raises PT to EUR 43.1 from EUR 32 |
| * Rio Tinto Plc RIO.L: Morgan Stanley raises target price to 6900p from 6330p |
| * Rosebank Industries Plc ROSE.L: Berenberg raises target price to 450p from 440p |
| * Safran SAF.PA: Deutsche Bank raises target price to EUR 365 from EUR 348 |
| * Salzgitter AG SZGG.DE: Morgan Stanley raises target price to EUR 45.5 from EUR 42.2 |
| * Sandvik AB SAND.ST: Goldman Sachs raises target price to SEK 325 from SEK 290 |
| * SBE-Varvit VARV.MI: Kepler Cheuvreux raises PT to EUR 7.4 from EUR 6.8 |
| * SBE-Varvit VARV.MI: Kepler Cheuvreux raises to hold from reduce |
| * Severn Trent SVT.L: RBC raises target price to 3,400p from 2,850p |
| * Skandinaviska Enskilda Banken SEBa.ST: Barclays cuts PT to SEK 171 from SEK 200 |
| * Skandinaviska Enskilda Banken SEBA.ST: Barclays cuts to equal-weight from overweight |
| * Softwareone SWON.S: Deutsche Bank cuts target price to CHF 7.55 from CHF 8.4 |
| * SPS SPSN.S: Deutsche Bank initiates coverage with hold rating and PT CHF 125 |
| * SSE SSE.L: RBC raises target price to 3,025p from 2,475p |
| * St James's Place SJP.L: Deutsche Bank cuts target price to 1900p from 2000p |
| * Svenska Handelsbanken SHBa.ST: Barclays cuts target price to SEK 110 from SEK 132 |
| * Svenska Handelsbanken SHBA.ST: Barclays cuts to underweight from equal-weight |
| * Svenska Handelsbanken SHBA.ST: Kepler Cheuvreux cuts PT to SEK 117 from SEK 141 |
| * Swedbank SWEDa.ST: Barclays raises target price to SEK 303 from SEK 289 |
| * Swedbank SWEDA.ST: Barclays raises to equal-weight from underweight |
| * Tele2 AB TEL2b.ST: UBS raises target price to SEK 219 from SEK 186 |
| * Trelleborg TRELB.ST: Kepler Cheuvreux cuts target price to SEK 390 from SEK 400 |
| * Tritax Big Box BBOXT.L: Berenberg cuts target price to 196p from 230p |
| * United Utilities UU.L: RBC raises target price to 1,450p from 1,175p |
| * Volvo VOLVB.ST: Kepler Cheuvreux raises target price to SEK 345 from SEK 335 |
| * Volvo B VOLVb.ST: UBS raises target price to SEK 385 from SEK 380 |
| * Wacker Chemie WCHG.DE: Deutsche Bank raises target price to EUR 76 from EUR 68 |
| * Wickes Group Plc WIX.L: Berenberg initiates coverage with buy rating |
| * Wickes Group Plc WIX.L: Berenberg initiates coverage with target price 280p |
