| * Auction Technology Group Plc ATG.L: Berenberg cuts target price to 460p from 560p |
| * Banca Generali BGN.MI: Kepler Cheuvreux initiates coverage with buy rating |
| * Banca Generali BGN.MI: Kepler Cheuvreux initiates coverage with price target EUR 59 |
| * Basler AG BSLG.DE: Jefferies raises target price to EUR 22 from EUR 21 |
| * Beazley Plc BEZG.L: UBS cuts target price to 950p from 990p |
| * Breedon Group Plc BREE.L: Citigroup cuts target price to 340p from 360p |
| * Cadeler A/S CADLR.OL: Jefferies cuts target price to NOK 72 from NOK 85 |
| * Canal+ CAN.L: UBS raises target price to 280p from 260p |
| * CD Projekt CDR.WA: Barclays raises target price to PLN 150 from PLN 135 |
| * Coats Group COA.L: Jefferies cuts target price to 115p from 130p |
| * Compass Group CPG.L: Citigroup ups to buy from neutral ups PT to 3000p from 2750p |
| * Corbion CORB.AS: KBC Securities raises to 'buy' from 'accumulate'; target EUR 26 |
| * Covivio SA CVO.PA: JP Morgan cuts to neutral from overweight |
| * Cucinelli BCU.MI: UBS cuts target price to EUR 120 from EUR 123 |
| * Derwent London Plc DLN.L: JP Morgan cuts to neutral from overweight |
| * Deutsche Boerse AG DB1Gn.DE: JP Morgan raises target price to EUR 292 from EUR 246 |
| * Deutsche Boerse AG DB1Gn.DE: JP Morgan raises to overweight from neutral |
| * Diploma Plc DPLM.L: Stifel raises target price to 6100p from 5800p |
| * Elekta AB EKTAb.ST: Barclays raises target price to SEK 46 from SEK 41.5 |
| * Elisa Oyj ELISA.HE: Morgan Stanley cuts target price to EUR 43 from EUR 58 |
| * Elisa Oyj ELISA.HE: Morgan Stanley cuts to equal weight from overweight |
| * Enel ENEI.MI: JP Morgan raises target price to EUR 9.7 from EUR 8.3 |
| * Energias De Portugal EDP.LS: HSBC cuts target price to EUR 4.7 from EUR 4.9 |
| * Essilorluxottica SA ESLX.PA: UBS raises target price to EUR 355 from EUR 291 |
| * Essilorluxottica SA ESLX.PA: UBS raises to buy from neutral |
| * Eurazeo EURA.PA: Kepler Cheuvreux cuts to hold from buy; cuts PT to EUR 60 from EUR 100 |
| * Ferrovial FER.MC: Deutsche Bank raises target price to EUR 61.4 from EUR 58.5 |
| * Franchise Brands Plc FRAN.L: Berenberg initiates coverage with buy rating |
| * Franchise Brands Plc FRAN.L: Berenberg initiates coverage with price target 185p |
| * Friedrich Vorwerk Group SE VH2.DE: Jefferies raises PT to EUR 68 from EUR 64 |
| * Groupe LDC LOUP.PA: Portzamparc raises PT to EUR 108 from EUR 103; rating 'buy' |
| * HBX Group International HBX.MC: Morgan Stanley cuts PT to EUR 14 from EUR 14.7 |
| * Hermes HRMS.PA: UBS cuts target price to EUR 2260 from EUR 2310 |
| * Hugo Boss AG BOSSn.DE: UBS cuts target price to EUR 37 from EUR 38.7 |
| * Julius Baer Group BAER.S: UBS raises target price to CHF 57 from CHF 53.7 |
| * Kenmare Resources Plc KMR.L: Peel Hunt cuts target price to 370p from 485p |
| * Kering PRTP.PA: UBS raises target price to EUR 345 from EUR 305 |
| * Landis+Gyr Group AG LANDI.S: Alphavalue cuts target price to CHF 67 from CHF 78.7 |
| * Lindt & Spruengli LISP.S: Alphavalue cuts target price to CHF 10,919 from CHF 11,800 |
| * Lindt & Spruengli LISP.S: Baader Europe cuts PT to CHF 10,919 from CHF 11,800 |
| * LVMH LVMH.PA: UBS raises target price to EUR 725 from EUR 680 |
| * Microlise Group Plc SAAS.L: Berenberg cuts target price to 145p from 210p |
| * Mobico Group Plc MCG.L: Peel Hunt cuts target price to 25p from 32p |
| * Moncler MONC.MI: UBS raises target price to EUR 59 from EUR 57 |
| * Nagarro SE NA9n.DE: Jefferies raises target price to EUR 91 from EUR 76 |
| * Pets at Home PETSP.L: Barclays cuts target price to 180p from 190p |
| * Pets at Home PETSP.L: Deutsche Bank raises target price to 230p from 215p |
| * Prosus PRX.AS: Morgan Stanley cuts target price to EUR 57 from EUR 60 |
| * Prosus NV PRX.AS: UBS raises target price to EUR 80 from EUR 79 |
| * Richemont CFR.S: UBS raises target price to CHF 196 from CHF 176 |
| * Salvatore Ferragamo SpA SFER.MI: UBS raises target price to EUR 8 from EUR 6 |
| * SBM Offshore NV SBMO.AS: Morgan Stanley raises PT to EUR 30 from EUR 29.8 |
| * Schweiter Technologies SWTQ.S: UBS cuts target price to CHF 250 from CHF 290 |
| * Sodexo EXHO.PA: Citigroup cuts to neutral from buy; cuts PT to EUR 52 from EUR 61 |
| * Soitec SA SOIT.PA: JP Morgan cuts target price to EUR 33 from EUR 40 |
| * Sonova Holding AG SOON.S: Alphavalue cuts target price to CHF 291 from CHF 337 |
| * SSE Plc SSE.L: UBS cuts to neutral from buy |
| * SSE Plc SSE.L: UBS raises target price to 2350p from 2200p |
| * Strix Group Plc KETL.L: Berenberg cuts target price to 75p from 85p |
| * Swatch Group AG UHR.S: UBS raises target price to CHF 90 from CHF 71 |
| * Trainline Plc TRNT.L: Morgan Stanley raises target price to 380p from 370p |
| * Trigano SA TRIA.PA: UBS raises target price to EUR 190 from EUR 175 |
| * Tullow Oil Plc TLW.L: Peel Hunt cuts target price to 17p from 50p |
| * Vienna Insurance Group VIGR.VI: UBS raises target price to EUR 58 from EUR 51 |
| * Vossloh AG VOSG.DE: Jefferies cuts target price to EUR 72 from EUR 95 |
| * Wacker Neuson SE WACGn.DE: Jefferies cuts target price to EUR 21 from EUR 25.5 |
| * Watches of Switzerland WOSG.L: UBS raises target price to 475p from 440p |
| * Wolters Kluwer WLSNc.AS: Morgan Stanley cuts target price to EUR 108 from EUR 132 |
| * Zaptec ASA ZAP.OL: Stifel resumes coverage with buy rating; price target NOK 30 |
| * Zegona Communications Plc ZEG.L: Barclays raises target price to 1750p from 1720p |
