| * Acerinox ACX.MC: Citigroup raises target price to EUR 14 from EUR 13 |
| * Airbus SE AIR.PA: BofA Global Research raises PO to EUR 269 from EUR 256 |
| * AJ Bell Plc AJBA.L: Deutsche Bank cuts target price to 570p from 625p |
| * AJ Bell Plc AJBA.L: UBS cuts target price to 520p from 550p |
| * Alfa Laval ALFA.ST: BofA Global Research raises PO to SEK 430 from SEK 345 |
| * Alstom ALSO.PA: Citigroup raises target price to EUR 31 from EUR 21 |
| * Alstom ALSO.PA: Citigroup raises to buy from neutral |
| * Amplifon SpA AMPF.MI: Alphavalue cuts target price to EUR 25.2 from EUR 29.4 |
| * Aperam SA APAM.AS: Citigroup raises target price to EUR 35 from EUR 28 |
| * Aurubis NAFG.DE: Deutsche Bank raises target price to EUR 112 from EUR 110 |
| * B&M BMEB.L: JP Morgan cuts target price to 163p from 205p |
| * Babcock International BAB.L: BofA Global Research cuts PO to 1,362p from 1,435p |
| * BAE Systems BAES.L: BofA Global Research cuts price objective to 2,000p from 2,355p |
| * Balfour Beatty BALF.L: Berenberg raises target price to 760p from 710p |
| * Balfour Beatty BALF.L: Deutsche Bank raises target price to 715p from 650p |
| * Baltic Classifieds Group BCG.L: Barclays cuts target price to 290p from 390p |
| * Baltic Classifieds Group Plc BCG.L: JP Morgan cuts target price to 182p from 208p |
| * Bank of Georgia BGEO.L: JP Morgan raises target price to 10700p from 9200p |
| * Bank of Ireland Group Plc BIRG.I: RBC cuts to sector perform from outperform |
| * BMPS BMPS.MI: Barclays raises target price to EUR 8.20 from EUR 7.80 |
| * BP BP.L: BofA Global Research cuts price objective to 375p from 440p |
| * BP BP.L: BofA Global Research cuts to underperform from neutral |
| * British Land BLND.L: Morgan Stanley raises target price to 480p from 450p |
| * Carrefour CARR.PA: Alphavalue cuts to add from buy; cuts PT to EUR 15.6 from EUR 17.3 |
| * Compass Group CPG.L: Berenberg raises target price to 3100p from 3000p |
| * Credem EMBI.MI: Barclays cuts to underweight from equal-weight |
| * Dassault Aviation AM.PA: BofA Global Research cuts PO to EUR 274 from EUR 290 |
| * Datwyler DAE.S: UBS raises target price to CHF 174 from CHF 173 |
| * Derwent London DLN.L: Deutsche Bank cuts target price to 2000p from 2100p |
| * Discoverie Group Plc DSCV.L: Deutsche Bank raises target price to 870p from 850p |
| * Electrolux ELUXb.ST: Barclays raises target price to SEK 50 from SEK 48 |
| * Electrolux ELUXb.ST: BofA Global Research cuts PO to SEK 85 from SEK 100 |
| * ENI ENI.MI: BofA Global Research raises price objective to EUR 16.50 from EUR 15.50 |
| * ENI ENI.MI: JP Morgan cuts to underweight from overweight |
| * Experian EXPN.L: RBC cuts target price to 4,000p from 4,200p |
| * FLSmidth FLS.CO: BofA Global Research cuts price objective to DKK 455 from DKK 475 |
| * Frasers Group FRAS.L: Barclays raises target price to 785p from 760p |
| * Greggs GRG.L: JP Morgan initiates coverage with overweight rating; PT 2110p |
| * GTT GTT.PA: Goldman Sachs initiates coverage with neutral rating; PT EUR 165 |
| * Halma HLMA.L: JP Morgan raises target price to 4,000p from 3,900p |
| * Halma HLMA.L: Panmure Liberum raises target price to 3,880p from 3,820p |
| * Hammerson HMSO.L: Morgan Stanley raises target price to 350p from 325p |
| * Helical Plc HLCL.L: Deutsche Bank cuts target price to 270p from 300p |
| * Hemnet Group AB HEM.ST: UBS cuts target price to SEK 150 from SEK 215 |
| * Henkel AG & Co KGaA HNKG_p.DE: Jefferies cuts target price to EUR 79 from EUR 80 |
| * Hensoldt AG HAGG.DE: BofA Global Research cuts PO to EUR 77 from EUR 114 |
| * Holmen HOLMb.ST: JP Morgan cuts target price to SEK 313 from SEK 334 |
| * Hydro NHY.OL: Exane BNP Paribas raises target price to NOK 84 from NOK 67 |
| * Hydro NHY.OL: Exane BNP Paribas raises to outperform from neutral |
| * Inditex SA ITX.MC: UBS raises target price to EUR 60 from EUR 52 |
| * Italy'S Prysmian PRY.MI: BofA Global Research ups PO to EUR 100 from EUR 92 |
| * Jungheinrich AG JUNG_p.DE: Baader Europe raises target price to EUR 46.9 from EUR 45 |
| * Kingfisher KGF.L: Peel Hunt raises target price to 330p from 320p |
| * Kion Group AG KGX.DE: BofA Global Research ups price objective to EUR 73 from EUR 68 |
| * Kion Group AG KGX.DE: Citigroup cuts to neutral from buy |
| * Kion Group AG KGX.DE: Citigroup raises target price to EUR 68 from EUR 61 |
| * Knorr Bremse AG KBX.DE: BofA Global Research raises PO to EUR 16.20 from EUR 14.8 |
| * Kone Oyj KNEBV.HE: Bernstein resumes coverage with outperform rating; PT EUR 68 |
| * Land Securities LAND.L: Morgan Stanley raises target price to 680p from 630p |
| * LEG Immobilien SE LEGn.DE: Exane BNP Paribas raises to outperform from underperform |
| * Leonardo SpA LDOF.MI: BofA Global Research cuts PO to EUR 63 from EUR 65 |
| * Londonmetric LMPL.L: Exane BNP Paribas cuts to neutral from outperform |
| * Londonmetric LMPL.L: Morgan Stanley raises target price to 215p from 210p |
| * Mediobanca MDBI.MI: Barclays cuts target price to EUR 17.50 from EUR 17.90 |
| * Mediobanca MDBI.MI: Barclays cuts to underweight from equal-weight |
| * Melrose Industries MRON.L: BofA Global Research raises PO to 840p from 725p |
| * Metso Corporation METSO.HE: Morgan Stanley raises PT to EUR 13.20 from EUR 10.80 |
| * Mondi MNDI.L: JP Morgan raises target price to 970p from 840p |
| * Mony Group Plc MONY.L: Morgan Stanley cuts target price to 220p from 275p |
| * Mony Group Plc MONY.L: Morgan Stanley cuts to equal weight from overweight |
| * National Grid Plc NG.L: JP Morgan raises target price to 1250p from 1225p |
| * Neste Oyj NESTE.HE: BofA Global Research raises PO to EUR 22 from EUR 17 |
| * Neste Oyj NESTE.HE: BofA Global Research raises to buy from underperform |
| * Nexans NEXS.PA: BofA Global Research raises price objective to EUR 131 from EUR 126 |
| * Novartis AG NOVN.S: Alphavalue raises target price to CHF 124 from CHF 115 |
| * Outokumpu OUT1V.HE: Citigroup raises target price to EUR 4.20 from EUR 3.50 |
| * Qinetiq Group Plc QQ.L: BofA Global Research cuts price objective to 415p from 450p |
| * Rational AG RAAG.DE: BofA Global Research raises PO to EUR 600 from EUR 576 |
| * Redeia REDE.MC: UBS cuts target price to EUR 18.90 from EUR 20.15 |
| * RENK Group R3NK.DE: BofA Global Research raises PO to EUR 60.50 from EUR 56.5 |
| * Repsol REP.MC: BofA Global Research raises price objective to EUR 16 from EUR 15.50 |
| * Rexel RXL.PA: BofA Global Research raises price objective to EUR 34 from EUR 30 |
| * Rheinmetall AG RHMG.DE: BofA Global Research cuts PO to EUR 2,215 from EUR 2,540 |
| * Rio Tinto Plc RIO.L: Barclays raises target price to 5,450p from 5,375p |
| * Rio Tinto Plc RIO.L: UBS raises target price to 5,700p from 5,200p |
| * Rolls Royce RR.L: BofA Global Research raises price objective to 1,615p from 1,440p |
| * RS Group Plc RS1R.L: Peel Hunt initiates coverage with buy rating; target price 700p |
| * Saab SAABb.ST: BofA Global Research raises price objective to SEK 565 from SEK 471 |
| * Safran SAF.PA: BofA Global Research raises price objective to EUR 380 from EUR 360 |
| * Sagax AB SAGAb.ST: Kepler Cheuvreux cuts target price to SEK 230 from SEK 244 |
| * Sagax AB SAGAb.ST: Kepler Cheuvreux raises to buy from hold |
| * Sainsbury SBRY.L: JP Morgan cuts target price to 350p from 355p |
| * Salzgitter AG SZGG.DE: Citigroup raises target price to EUR 38 from EUR 25 |
| * SCA AB SCAb.ST: JP Morgan cuts target price to SEK 130 from SEK 133 |
| * SCA AB SCAb.ST: JP Morgan cuts to neutral from overweight |
| * Schindler Holding AG SCHP.S: Bernstein resumes coverage with market perform rating |
| * Schindler Holding AG SCHP.S: Bernstein resumes coverage with target price CHF 310 |
| * Schott pharma AG & Co. KGaA 1SXP.DE: UBS cuts PT to EUR 24.70 from EUR 28.80 |
| * SEGRO SGRO.L: Morgan Stanley raises target price to 790p from 750p |
| * Shell SHEL.L: BofA Global Research cuts price objective to 3100p from 3200p |
| * Shell SHEL.L: BofA Global Research cuts to neutral from buy |
| * Sirius Real Estate SRET.L: Deutsche Bank raises target price to 120p from 115p |
| * SSAB SSABa.ST: Citigroup raises target price to SEK 80 from SEK 75 |
| * SSE SSE.L: JP Morgan cuts target price to 2580p from 2600p |
| * SSP SSPG.L: Barclays cuts target price to 220p from 225p |
| * Telefonica TEF.MC: Kepler Cheuvreux cutstarget price to EUR 3.90 from EUR 4.20 |
| * Telefonica TEF.MC: Kepler Cheuvreux raises to hold from reduce |
| * Tesco TSCO.L: JP Morgan raises target price to 500p from 450p |
| * Thales TCFP.PA: BofA Global Research cuts price objective to EUR 274 from EUR 304 |
| * Tharisa Plc THST.L: BMO raises target price to 125p from 120p |
| * Tharisa Plc THST.L: Peel Hunt raises target price to 145p from 135p |
| * ThyssenKrupp TKAG.DE: Citigroup raises target price to EUR 13 from EUR 9.76 |
| * ThyssenKrupp Nucera AG & Co KGaA NCH2.DE: Citigroup cuts PT to EUR 13 from EUR 16 |
| * Totalenergies TTEF.PA: BofA Global Research ups price objective to EUR 66 from EUR 65 |
| * Totalenergies SE TTEF.PA: JP Morgan cuts to neutral from overweight |
| * Trustpilot IPO-TST.L: Morgan Stanley cuts target price to 275p from 315p |
| * Trustpilot IPO-TST.L: Morgan Stanley raises to overweight from equal weight |
| * UPM UPM.HE: JP Morgan cuts target price to EUR 21.9 from EUR 23.7 |
| * Voestalpine AG VOES.VI: Citigroup raises target price to EUR 40 from EUR 27 |
| * Volvo VOLVb.ST: BofA Global Research raises price objective to SEK 330 from SEK 320 |
| * Volvo VOLVb.ST: Citigroup raises target price to SEK 328 from SEK 242 |
| * Volvo VOLVb.ST: Citigroup raises to buy from neutral |
| * Wartsila WRT1V.HE: BofA Global Research raises PO to EUR 32 from EUR 15.50 |
| * Watches of Switzerland WOSG.L: Peel Hunt raises target price to 450p from 370p |
| * Watches of Switzerland Group WOSG.L: Barclays raises target price to 595p from 510p |
| * Watches of Switzerland Group WOSG.L: UBS raises target price to 505p from 475p |
| * Whitbread WTB.L: Berenberg cuts target price to 2900p from 3500p |
| * Whitbread WTB.L: Bernstein cuts target price to 2,300p from 2,500p |
| * Workspace Group WKP.L: Deutsche Bank cuts target price to 480p from 520p |
| * Worldline SA WLN.PA: Kepler Cheuvreux cuts target price to EUR 1.1 from EUR 2.7 |
| * Worldline SA WLN.PA: Kepler Cheuvreux cuts to reduce from hold |
