| * Air Liquide AIRP.PA: Kepler Cheuvreux raises target price to EUR 194 from EUR 176 |
| * Air Liquide AIRP.PA: Kepler Cheuvreux raises to buy from hold |
| * Akzo Nobel NV AKZO.AS: Kepler Cheuvreux cuts target price to EUR 63 from EUR 71 |
| * ArcelorMittal MT.AS: UBS raises target price to EUR 45 from EUR 35.4 |
| * Arkema SA AKE.PA: Kepler Cheuvreux cuts target price to EUR 60 from EUR 65 |
| * Barco NV BAR.BR: ING cuts target price to EUR 10 from EUR 16 |
| * Barco NV BAR.BR: ING cuts to hold from buy |
| * BASF SE BASFn.DE: Kepler Cheuvreux cuts target price to EUR 54 from EUR 56 |
| * BASF SE BASFn.DE: Kepler Cheuvreux cuts to hold from buy |
| * Bayer AG BAYGn.DE: Kepler Cheuvreux cuts target price to EUR 49 from EUR 53 |
| * Bechtle AG BC8G.DE: Kepler Cheuvreux cuts target price to EUR 39 from EUR 42 |
| * Beiersdorf BEIG.DE: UBS cuts target price to EUR 80 from EUR 90 |
| * Beiersdorf BEIG.DE: UBS raises to neutral from sell |
| * Beiersdorf AG BEIG.DE: Citigroup cuts target price to EUR 95 from EUR 105 |
| * BFF Bank BFF.MI: Deutsche Bank cuts target price to EUR 3.5 from EUR 4 |
| * Borregaard ASA BRGB.OL: Kepler Cheuvreux cuts target price to NOK 192 from NOK 194 |
| * Borregaard ASA BRGB.OL: Kepler Cheuvreux raises to buy from hold |
| * Croda International Plc CRDA.L: Kepler Cheuvreux raises PT to 2865p from 2840p |
| * Croda International Plc CRDA.L: Kepler Cheuvreux raises to hold from reduce |
| * CTS Eventim EVDG.DE: Deutsche Bank cuts target price to EUR 94 from EUR 115 |
| * CTS Eventim EVDG.DE: JP Morgan cuts target price to EUR 95 from EUR 110 |
| * Dassault Systemes DAST.PA: Kepler Cheuvreux cuts target price to EUR 27 from EUR 30 |
| * Diageo DGE.L: Deutsche Bank cuts target price to 1650p from 1790p |
| * Diageo DGE.L: Deutsche Bank raises to buy from hold |
| * Domino's Pizza UK & Irl Plc DOM.L: Barclays raises to equal-weight from underweight |
| * DSM-Firmenich AG DSFIR.AS: Kepler Cheuvreux cuts target price to EUR 63 from EUR 69 |
| * DSV DSV.CO: Deutsche Bank cuts target price to DKK 1796 from DKK 1980 |
| * Edenred EDEN.PA: JP Morgan cuts target price to EUR 31 from EUR 35 |
| * Electrolux ELUXb.ST: JP Morgan cuts target price to SEK 65 from SEK 80 |
| * EMS Chemie Holding AG EMSN.S: Kepler Cheuvreux cuts PT to CHF 495 from CHF 520 |
| * Enagas SA ENAG.MC: Morgan Stanley raises target price to EUR 16.5 from EUR 13 |
| * Enagas SA ENAG.MC: Morgan Stanley raises to equal weight from underweight |
| * ENI ENI.MI: Alphavalue raises to reduce from sell |
| * Epiroc EPIRa.ST: JP Morgan cuts target price to SEK 220 from SEK 230 |
| * Essity ESSITYb.ST: Barclays cuts target price to SEK 220 from SEK 235 |
| * Everplay Group Plc EVPL.L: Jefferies cuts target price to 380p from 440p |
| * Flsmidth & Co. A/S FLS.CO: Barclays raises target price to DKK 490 from DKK 372 |
| * Flsmidth & Co. A/S FLS.CO: Barclays raises to equal-weight from underweight |
| * Fuchs SE FPEn.DE: Kepler Cheuvreux cuts target price to EUR 34 from EUR 43 |
| * Fuchs SE FPEn.DE: Kepler Cheuvreux cuts to reduce from hold |
| * Future Plc FUTR.L: JP Morgan cuts target price to 750p from 1235p |
| * Galderma Group AG GALD.S: Berenberg raises target price to CHF 200 from CHF 187 |
| * Givaudan SA GIVN.S: Berenberg cuts target price to CHF 2915 from CHF 3580 |
| * Givaudan SA GIVN.S: Berenberg cuts to hold from buy |
| * Givaudan SA GIVN.S: Kepler Cheuvreux cuts PT to CHF 3600 from CHF 4000 |
| * GTT GTT.PA: Jefferies raises target price to EUR 235 from EUR 210 |
| * Henkel AG & Co KGaA HNKG.DE: Kepler Cheuvreux cuts PT to EUR 83 from EUR 87 |
| * ICG Plc ICGIN.L: Barclays cuts target price to 2405p from 2910p |
| * IMI Plc IMI.L: JP Morgan cuts target price to 3,100p from 3,330p |
| * Inditex ITX.MC: Deutsche Bank cuts target price to EUR 60 from EUR 63 |
| * Indutrade INDT.ST: Kepler Cheuvreux cuts target price to SEK 245 from SEK 250 |
| * JD Wetherspoon JDW.L: Barclays cuts target price to 540p from 825p |
| * JD Wetherspoon JDW.L: Barclays cuts to underweight from overweight |
| * Jungheinrich AG JUNG_p.DE: Kepler Cheuvreux cuts target price to EUR 26 from EUR 31 |
| * K+S SDFGn.DE: Deutsche Bank raises target price to EUR 10.2 from EUR 10 |
| * Kemira Oyj KEMIRA.HE: Kepler Cheuvreux cuts target price to EUR 19 from EUR 19.8 |
| * Kemira Oyj KEMIRA.HE: Kepler Cheuvreux cuts to reduce from hold |
| * Kier Group Plc KIE.L: RBC initiates coverage with sector perform rating |
| * Kier Group Plc KIE.L: RBC initiates coverage with target price 215p |
| * Koninklijke Philips N.V. PHG.AS: Barclays cuts target price to EUR 29.5 from EUR 31 |
| * KWS Saat SE & Co KGaA KWSG.DE: Kepler Cheuvreux cuts to hold from buy |
| * LEG Immobilien LEGn.DE: Barclays cuts target price to EUR 60 from EUR 70 |
| * Lenzing AG LENV.VI: Kepler Cheuvreux cuts target price to EUR 25 from EUR 34 |
| * Pernod Ricard PERP.PA: Jefferies cuts target price to EUR 100 from EUR 115 |
| * PSP Swiss Property AG PSPN.S: BofA Global Research raises price objective to CHF 185 |
| * Raspberry PI Holdings Plc RPI.L: Peel Hunt raises to buy from add |
| * Renault RENA.PA: Kepler Cheuvreux cuts target price to EUR 32 from EUR 35 |
| * Rheinmetall AG RHMG.DE: Citigroup initiates coverage with neutral rating |
| * Rheinmetall AG RHMG.DE: Citigroup initiates coverage with price target EUR 1480 |
| * Richemont CFR.S: Kepler Cheuvreux cuts target price to CHF 180 from CHF 195 |
| * Robertet SA ROBF.PA: Kepler Cheuvreux cuts target price to EUR 870 from EUR 900 |
| * Saint-Gobain SGOB.PA: Goldman Sachs cuts target price to EUR 83 from EUR 93 |
| * SAP SE SAPG.DE: Wells Fargo cuts target price to EUR 275 from EUR 315 |
| * SEB Group SEBa.ST: UBS cuts target price to SEK 182 from SEK 200 |
| * Segro SGRO.L: Berenberg cuts target price to 915p from 1,067p |
| * Shurgard Self Storage SHUR.BR: Barclays cuts target price to EUR 33 from EUR 35 |
| * Sika AG SIKA.S: Kepler Cheuvreux cuts target price to CHF 175 from CHF 255 |
| * Sonova Holding AG SOON.S: Barclays cuts target price to CHF 160 from CHF 185 |
| * Sonova Holding AG SOON.S: JP Morgan raises target price to CHF 163 from CHF 158 |
| * Sonova Holding AG SOON.S: JP Morgan raises to neutral from underweight |
| * Suedzucker AG SZUG.DE: Barclays raises target price to EUR 15 from EUR 9 |
| * Suedzucker AG SZUG.DE: Barclays raises to overweight from underweight |
| * Suss Microtec SMHNn.DE: Deutsche Bank raises target price to EUR 62 from EUR 58 |
| * Suss Microtec SMHNn.DE: UBS cuts target price to EUR 55 from EUR 60 |
| * Syensqo NV SYENS.BR: Kepler Cheuvreux cuts target price to EUR 52 from EUR 74 |
| * Tele2 AB TEL2b.ST: Barclays raises target price to SEK 200 from SEK 170 |
| * Telenor ASA TEL.OL: Barclays cuts target price to NOK 168 from NOK 173 |
| * Unilever ULVR.L: TD Cowen cuts target price to 5080p from 5800p |
| * VAT Group AG VACN.S: RBC raises target price to CHF 500 from CHF 470 |
| * Vonovia VNAn.DE: Barclays cuts target price to EUR 23 from EUR 24 |
| * Wacker Chemie AG WCHG.DE: Kepler Cheuvreux raises target price to EUR 87 from EUR 73 |
| * Weir Group WEIR.L: JP Morgan cuts target price to 3,500p from 3,800p |
| * Yara YAR.OL: Alphavalue raises to reduce from sell |
| * Yara YAR.OL: Kepler Cheuvreux raises target price to NOK 619 from NOK 517 |
| * Yara International ASA YAR.OL: Deutsche Bank raises target price to NOK 566 from NOK 484 |
