| * AB Foods ABF.L: JP Morgan cuts target price to 1,780p from 1,940p |
| * Accelleron ACLN.S: UBS raises target price to CHF 92 from CHF 81 |
| * Acerinox ACX.MC: Kepler Cheuvreux raises target price to EUR 15.05 from EUR 14.75 |
| * Adyen NV ADYEN.AS: BMO initiates coverage with outperform rating; PT EUR 1,200 |
| * Arverne ARVEN.PA: Kepler Cheuvreux raises target price to EUR 7.3 from EUR 6 |
| * ASM International ASMI.AS: KBC Securities ups PT to EUR 770 from EUR 658; rating 'hold' |
| * Asmi ASMI.AS: BofA Global Research raises price objective to EUR 1046 from EUR 919 |
| * Asmi ASMI.AS: Degroof Petercam raises target price to EUR 965 from EUR 880 |
| * Associated British Foods ABF.L: Barclays cuts target price to 2000p from 2100p |
| * Associated British Foods ABF.L: Kepler Cheuvreux cuts PT to 2100p from 2250p |
| * Autotrader AUTOA.L: Barclays cuts target price to 605p from 825p |
| * Autotrader AUTOA.L: Barclays cuts to equal-weight from overweight |
| * Barclays BARC.L: Citigroup raises target price to 450p from 425p |
| * Beiersdorf BEIG.DE: Deutsche Bank cuts target price to EUR 80 from EUR 105 |
| * Beiersdorf AG BEIG.DE: Barclays cuts target price to EUR 82 from EUR 86 |
| * BNP Paribas BNPP.PA: Citigroup cuts target price to EUR 102 from EUR 103 |
| * BP BP.L: RBC raises target price to 700p from 640p |
| * BPER EMII.MI: Jefferies raises target price to EUR 14 from EUR 12.5 |
| * Cerillion Plc CER.L: Berenberg cuts target price to 2015p from 2200p |
| * Cmb.Tech CMBT.BR: Berenberg initiates coverage with buy rating; PT EUR 14.20 |
| * Crest Nicholson CRST.L: Barclays cuts target price to 140p from 204p |
| * Crest Nicholson CRST.L: Deutsche Bank cuts target price to 79p from 228p |
| * Crest Nicholson Holdings Plc CRST.L: Berenberg cuts target price to 86p from 160p |
| * Crest Nicholson Holdings Plc CRST.L: Deutsche Bank cuts to hold from buy |
| * Crest Nicholson Holdings Plc CRST.L: Stifel cuts target price to 80p from 125p |
| * Docmorris DOCM.S: Barclays raises target price to CHF 8 from CHF 6 |
| * DSV DSV.CO: Morgan Stanley raises target price to DKK 2100 from DKK 2040 |
| * Ekinops <>: Portzamparc raises target price to EUR 2.7 from EUR 2.5; rating 'hold' |
| * Ekinops <>: TP ICAP Midcap raises target price to EUR 3 from EUR 2.20; rating 'hold' |
| * Elisa Oyj ELISA.HE: Morgan Stanley raises target price to EUR 41 from EUR 40 |
| * Ericsson ERICb.ST: Deutsche Bank raises target price to SEK 100 from SEK 96 |
| * Eutelsat Communications ETL.PA: Deutsche Bank raises PT to EUR 2.4 from EUR 2.3 |
| * Frey FREY.PA: Kepler Cheuvreux cuts to hold from buy |
| * Frey FREY.PA: Kepler Cheuvreux raises target price to EUR 35 from EUR 32 |
| * Genmab GMAB.CO: Goldman Sachs raises target price to DKK 2200 from DKK 1771 |
| * Genmab GMAB.CO: Goldman Sachs raises to buy from neutral |
| * Helvetia Baloise HBANC.S: Kepler Cheuvreux raises PT to CHF 267 from CHF 236 |
| * Holcim AG HOLN.S: Alphavalue raises target price to CHF 76.7 from CHF 59.9 |
| * Holcim AG HOLN.S: Alphavalue raises to reduce from sell |
| * HSBC Holdings HSBA.L: Deutsche Bank raises target price to 1450p from 1200p |
| * Huhtamaki HUH1V.HE: Deutsche Bank cuts target price to EUR 33 from EUR 38 |
| * Huhtamaki HUH1V.HE: Deutsche Bank cuts to hold from buy |
| * Italgas IG.MI: UBS cuts target price to EUR 11.8 from EUR 12 |
| * Jazz Pharmaceuticals Plc JAZZ.O: Leerink Partners raises target price to $225 from $215 |
| * Jupiter JUP.L: Deutsche Bank raises target price to 180p from 175p |
| * Kaufman & Broad KOF.PA: Kepler Cheuvreux cuts target price to EUR 37 from EUR 40 |
| * Lbg Media Plc LBG.L: Berenberg cuts target price to 90p from 170p |
| * Marshalls MSLH.L: RBC cuts target price to 170p from 195p |
| * Moncler MONC.MI: Deutsche Bank raises target price to EUR 58 from EUR 55 |
| * Moncler MONC.MI: Kepler Cheuvreux raises target price to EUR 65 from EUR 62 |
| * Moncler SpA MONC.MI: UBS raises target price to EUR 58 from EUR 55 |
| * Palfinger PALF.VI: Deutsche Bank raises target price to EUR 48 from EUR 45 |
| * Redcare Pharmacy RDC.DE: Barclays cuts target price to EUR 70 from EUR 110 |
| * Reply SpA REY.MI: Berenberg raises to buy from hold |
| * Retail Estates RETE.BR: Kepler Cheuvreux raises target price to EUR 66 from EUR 62 |
| * Rio Tinto RIO.L: JP Morgan raises target price to 7,200p from 7,030p |
| * Royal Unibrew RBREW.CO: Deutsche Bank cuts target price to DKK 425 from DKK 665 |
| * Royal Unibrew A/S RBREW.CO: Bernstein cuts target price to DKK 540 from DKK 700 |
| * Royal Unibrew A/S RBREW.CO: Deutsche Bank cuts to hold from buy |
| * Royal Unibrew A/S RBREW.CO: Exane BNP Paribas cuts PT to DKK 440 from DKK 690 |
| * Royal Unibrew A/S RBREW.CO: Exane BNP Paribas cuts to neutral from outperform |
| * Royal Unibrew A/S RBREW.CO: Goldman Sachs cuts target price to DKK 465 from DKK 650 |
| * Royal Unibrew A/S RBREW.CO: Goldman Sachs cuts to neutral from buy |
| * Sacyr SCYR.MC: Kepler Cheuvreux raises target price to EUR 5.6 from EUR 5.3 |
| * Sap SE SAPG.DE: HSBC raises to buy from hold; cuts PT to EUR 182 from EUR 187 |
| * Scandi Standard SCST.ST: Kepler Cheuvreux cuts to hold from buy |
| * Scandi Standard SCST.ST: Kepler Cheuvreux raises target price to SEK 160 from SEK 112 |
| * SKF SKFb.ST: Deutsche Bank cuts target price to SEK 275 from SEK 280 |
| * Societe Generale SA SOGN.PA: Citigroup raises target price to EUR 84 from EUR 82 |
| * Soitec SOIT.PA: Kepler Cheuvreux cuts to hold from buy |
| * Soitec SOIT.PA: Kepler Cheuvreux raises target price to EUR 100 from EUR 65 |
| * Stroeer SE & Co. KGaA SAXG.DE: Deutsche Bank cuts target price to EUR 54 from EUR 60 |
| * Theon International Plc THEON.AS: Stifel raises target price to EUR 40 from EUR 34 |
| * TUI AG TUI1n.DE: Alphavalue cuts to add from buy; cuts PT to EUR 9 from EUR 10.2 |
| * UBS Group AG UBSG.S: Citigroup raises target price to CHF 33 from CHF 31.50 |
| * Valneva SE VLS.PA: Goldman Sachs cuts target price to EUR 2.15 from EUR 3.25 |
| * Valneva SE VLS.PA: Goldman Sachs cuts to sell from neutral |
| * Veolia VIE.PA: JP Morgan raises target price to EUR 37.9 from EUR 33 |
| * Vivendi VIV.PA: Deutsche Bank raises target price to EUR 2.5 from EUR 2.2 |
| * Vivendi VIV.PA: Kepler Cheuvreux cuts target price to EUR 2.4 from EUR 2.5 |
| * Wacker Chemie AG WCHG.DE: Alphavalue raises target price to EUR 76.9 from EUR 64.6 |
| * Wallenstam WALLB.ST: Kepler Cheuvreux cuts target price to SEK 44 from SEK 45 |
| * Watches of Switzerland WOSG.L: BofA Global Research ups price objective to 560p from 550p |
| * Wihlborgs WIHL.ST: Kepler Cheuvreux cuts target price to SEK 101 from SEK 105 |
