| * Aberdeen Group Plc ABDN.L: RBC cuts target price to 130p from 150p |
| * Akzo Nobel NV AKZO.AS: Jefferies cuts target price to EUR 58 from EUR 61 |
| * ASML ASML.AS: UBS cuts target price to EUR 610 from EUR 740 |
| * Aurubis AG NAFG.DE: Exane BNP Paribas cuts to underperform from neutral |
| * Bankinter BKT.MC: Citigroup raises target price to EUR 12.30 from EUR 11 |
| * Barclays BARC.L: Citigroup cuts target price to 345p from 350p |
| * BNP Paribas BNPP.PA: Citigroup raises target price to EUR 90 from EUR 87 |
| * Bunzl BNZL.L: Deutsche Bank cuts target price to 2950p from 3475p |
| * Bunzl BNZL.L: HSBC cuts target price to 2775p from 3408p |
| * Capgemini CAPP.PA: Citigroup cuts target price to EUR 185 from EUR 210 |
| * Castellum AB CAST.ST: UBS cuts target price to SEK 120 from SEK 125 |
| * Castellum AB CAST.ST: UBS raises to neutral from sell |
| * Compass Group CPG.L: Morgan Stanley cuts target price to 2700p from 2900p |
| * Continental CONG.DE: Barclays cuts target price to EUR 80 from EUR 85 |
| * DCC DCC.L: Deutsche Bank cuts target price to 6000p from 6750p |
| * DCC DCC.L: RBC cuts target price to 5,400p from 6,000p |
| * DCC DCC.L: RBC cuts target price to 5400p from 6000p |
| * Deutsche Bank AG DBKGn.DE: Citigroup raises target price to EUR 20.80 from EUR 19.20 |
| * Deutsche Boerse AG DB1Gn.DE: Citigroup raises target price to EUR 269 from EUR 242 |
| * Euronext NV ENX.PA: Citigroup cuts to neutral from buy |
| * Euronext NV ENX.PA: Citigroup raises target price to EUR 140 from EUR 134 |
| * Forvia FRVIA.PA: Barclays cuts target price to EUR 10 from EUR 14 |
| * Forvia FRVIA.PA: Bernstein cuts target price to EUR 7 from EUR 9 |
| * Freelance.com SA ALFRE.PA: Stifel cuts target price to EUR 3.50 from EUR 3.80 |
| * Gerresheimer AG GXIG.DE: UBS cuts target price to EUR 97 from EUR 106 |
| * Gestamp GEST.MC: Barclays cuts target price to EUR 2.5 from EUR 3 |
| * Gestamp GEST.MC: Barclays cuts to underweight from equal-weight |
| * Getinge GETIb.ST: Morgan Stanley cuts target price to SEK 191 from SEK 197 |
| * Hensoldt HAGG.DE: Deutsche Bank raises target price to EUR 71 from EUR 62 |
| * Hermes HRMS.PA: Berenberg cuts target price to EUR 2,800 from EUR 2,950 |
| * Hochschild HOCM.L: RBC cuts target price to 280p from 290p |
| * Inditex ITX.MC: Exane BNP Paribas raises target price to EUR 56 from EUR 49 |
| * Inditex ITX.MC: Exane BNP Paribas raises to outperform from neutral |
| * Jyske Bank JYSK.CO: Barclays cuts target price to DKK 543 from DKK 586 |
| * KBC Groep KBC.BR: Barclays raises target price to EUR 95 from EUR 94 |
| * L'Oreal OREP.PA: HSBC cuts target price to EUR 331 from EUR 338 |
| * L'Oreal OREP.PA: Morgan Stanley cuts target price to EUR 369 from EUR 377 |
| * LSEG LSEG.L: Citigroup cuts target price to 13000p from 13500p |
| * Mediaforeurope MFEA.MI: Barclays cuts target price to EUR 2.7 from EUR 2.75 |
| * Mediaforeurope MFEB.MI: Barclays cuts target price to EUR 3.8 from EUR 3.85 |
| * Melrose Industries MRON.L: JP Morgan cuts target price to 600p from 850p |
| * Michelin MICP.PA: Barclays cuts target price to EUR 28 from EUR 30 |
| * Nel ASA NEL.OL: Morgan Stanley cuts target price to NOK 2 from NOK 3.5 |
| * NOS SGPS SA NOS.LS: Morgan Stanley raises target price to EUR 3.6 from EUR 3.5 |
| * Novo Nordisk NOVOb.CO: Stifel cuts target price to DKK 550 from DKK 700 |
| * Ovhcloud OVH.PA: Morgan Stanley cuts to underweight from equal weight |
| * Ovhcloud OVH.PA: Morgan Stanley raises target price to EUR 10.15 from EUR 9 |
| * Pantheon Infrastructure Plc PINT.L: Panmure Liberum raises target to 127p from 115p |
| * Phoenix PHNX.L: Barclays raises target price to 570p from 515p |
| * Piaggio & C SpA PIA.MI: Kepler Cheuvreux cuts target price to EUR 1.9 from EUR 3 |
| * Piaggio & C SpA PIA.MI: Kepler Cheuvreux cuts to hold from buy |
| * Pirelli & C SpA PIRC.MI: Bernstein raises to market perform from underperform |
| * Pluxee PLX.PA: UBS raises target price to EUR 23 from EUR 22.5 |
| * Poste Italiane PST.MI: Citigroup raises target price to EUR 18.50 from EUR 14.50 |
| * Sainsbury SBRY.L: Kepler Cheuvreux cuts target price to 281p from 318p |
| * Sainsbury SBRY.L: Kepler Cheuvreux cuts to hold from buy |
| * Sampo SAMPO.HE: Deutsche Bank raises target price to EUR 9.2 from EUR 8.7 |
| * Sandvik SAND.ST: UBS cuts target price to SEK 170 from SEK 190 |
| * SAP SE SAPG.DE: BofA Global Research raises price objective to EUR 303 from EUR 302 |
| * SAP SE SAPG.DE: UBS cuts target price to EUR 265 from EUR 283 |
| * Schroders SDR.L: RBC cuts target price to 390p from 475p |
| * Siemens Energy AG ENR1n.DE: Morgan Stanley raises target price to EUR 70 from EUR 66 |
| * Societe Generale SA SOGN.PA: Citigroup raises target price to EUR 50 from EUR 40 |
| * Sodexo SA EXHO.PA: Morgan Stanley cuts target price to EUR 64 from EUR 68 |
| * Temenos TEMN.S: Barclays cuts target price to CHF 67 from CHF 74 |
| * Temenos TEMN.S: UBS cuts target price to CHF 46 from CHF 54 |
| * UBS Group AG UBSG.S: Citigroup cuts target price to CHF 25.40 from CHF 30 |
| * Wacker Chemie AG WCHG.DE: Baader Helvea cuts target price to EUR 70 from EUR 82 |
