| * 4Imprint FOUR.L: Berenberg cuts target price to 6775p from 7365p |
| * Abrdn Plc ABDN.L: RBC raises target price to 150p from 135p |
| * Adyen NV ADYEN.AS: KBC Securities ups PT to EUR 1.750 from EUR 1.500; rating accumulate |
| * Afc Energy Plc AFEN.L: RBC cuts target price to 30p from 40p |
| * Air Liquide AIRP.PA: Berenberg raises target price to EUR 200 from EUR 190 |
| * Argenx ARGX.BR: Deutsche Bank raises to hold from sell |
| * Barry Callebaut AG BARN.S: Kepler Cheuvreux raises target to CHF 1,500 from CHF 1,150 |
| * Barry Callebaut AG BARN.S: Kepler Cheuvreux raises to buy from hold |
| * Bouygues SA BOUY.PA: Barclays raises target price to EUR 42.5 from EUR 39.5 |
| * Brunello Cucinelli SpA BCU.MI: Morgan Stanley initiates coverage with overweight rating |
| * Brunello Cucinelli SpA BCU.MI: Morgan Stanley initiates coverage with PT EUR 130 |
| * Clariane SE CLARI.PA: Exane BNP Paribas raises target price to EUR 5 from EUR 1.7 |
| * Clariane SE CLARI.PA: Exane BNP Paribas raises to outperform from neutral |
| * Clarkson Plc CKN.L: Canaccord Genuity cuts target price to 4,000p from 4,500p |
| * Danone DANO.PA: Bernstein raises target price to EUR 77 from EUR 69 |
| * Deme DEME.BR: Berenberg raises target price to EUR 190 from EUR 180 |
| * Deutsche Lufthansa AG LHAG.DE: Barclays cuts target price to EUR 6.5 from EUR 10.5 |
| * Deutsche Lufthansa AG LHAG.DE: Barclays cuts to underweight from overweight |
| * Deutsche Pfandbriefbank PBBG.DE: Deutsche Bank raises target price to EUR 6 from EUR 5 |
| * Dhl Group DHLn.DE: Jefferies initiates coverage with buy rating; target price EUR 60 |
| * Dhl Group DHLn.DE: UBS raises target price to EUR 42.50 from EUR 37 |
| * Direct Line Insurance DLGD.L: Jefferies raises target price to 275p from 165p |
| * Domino's Pizza Group DOM.L: Deutsche Bank cuts target price to 400p from 480p |
| * Domino's Pizza UK & Irl Plc DOM.L: Barclays cuts target price to 290p from 315p |
| * DR ING HC F Porsche AG P911_p.DE: JP Morgan cuts target price to EUR 93 from EUR 110 |
| * DSV DSV.CO: Jefferies initiates coverage with buy rating; target price DKK 1700 |
| * Ecora Resources Plc ECORE.L: Peel Hunt raises target price to 140p from 135p |
| * Eiffage FOUG.PA: UBS raises target price to EUR 154 from EUR 144 |
| * Emeis SA EMEIS.PA: Exane BNP Paribas reinstates coverage with outperform rating |
| * Emeis SA EMEIS.PA: Exane BNP Paribas reinstates coverage with target price EUR 15 |
| * Energias De Portugal EDP.LS: HSBC cuts target price to EUR 3.6 from EUR 3.7 |
| * Frequentis AG FQT.VI: Berenberg raises target price to EUR 45 from EUR 33 |
| * GEA Group AG G1AG.DE: JP Morgan raises target price to EUR 43 from EUR 41.60 |
| * Genuit Group Plc GENG.L: Morgan Stanley cuts target price to 385p from 420p |
| * Georg Fischer AG GF.S: Kepler Cheuvreux cuts target price to CHF 74 from CHF 80 |
| * Georg Fischer AG GF.S: Kepler Cheuvreux cuts to hold from buy |
| * Greggs GRG.L: HSBC cuts target price to 2400p from 2500p |
| * Harbour Energy Plc HBR.L: Berenberg cuts to hold from buy; cuts PT to 205p from 320p |
| * Hellofresh SE HFGG.DE: Barclays cuts target price to EUR 11.1 from EUR 13 |
| * Iberdrola IBE.MC: HSBC raises target price to EUR 16 from EUR 15.9 |
| * Inditex ITX.MC: Jefferies cuts target price to EUR 54 from EUR 56 |
| * Inditex ITX.MC: RBC cuts target price to EUR 47 from EUR 50 |
| * International Airlines Group ICAG.L: Barclays cuts target price to 250p from 420p |
| * International Airlines Group ICAG.L: Barclays cuts to underweight from overweight |
| * Just Group JUSTJ.L: Barclays raises target price to 185p from 170p |
| * Kuehne Und Nagel International AG KNIN.S: Jefferies initiates coverage with hold rating |
| * Kuehne Und Nagel International AG KNIN.S: Jefferies initiates coverage with PT CHF 240 |
| * Leg Immobilien LEGN.DE: HSBC raises target price to EUR 94 from EUR 92 |
| * Leonardo SpA LDOF.MI: JP Morgan raises target price to EUR 47.5 from EUR 44 |
| * Maat pharma SA MAAT.PA: Portzamparc cuts target to EUR 15.5 from EUR 16; rating ‘buy’ |
| * NKT A/S NKT.CO: Kepler Cheuvreux initiates coverage with hold rating; PT DKK 515 |
| * NOS NOS.LS: Barclays raises target price to EUR 3.9 from EUR 3.6 |
| * Novo Nordisk NOVOb.CO: Jefferies cuts target price to DKK 450 from DKK 515 |
| * Ocado OCDO.L: HSBC cuts target price to 210p from 270p |
| * Persimmon Plc PSN.L: Morgan Stanley cuts target price to 1570p from 1600p |
| * Proximus PROX.BR: UBS raises target price to EUR 6.50 from EUR 4.80 |
| * Puma SE PUMG.DE: Morgan Stanley cuts target price to EUR 27 from EUR 37 |
| * Rai Way SpA RWAY.MI: Morgan Stanley raises target price to EUR 6.8 from EUR 6.7 |
| * Redcare Pharmacy RDC.DE: Deutsche Bank raises target price to EUR 214 from EUR 202 |
| * Redcare Pharmacy NV RDC.DE: HSBC raises target price to EUR 180 from EUR 160 |
| * Redcare Pharmacy NV RDC.DE: Morgan Stanley raises target price to EUR 147 from EUR 140 |
| * Rentokil RTO.L: Stifel cuts target price to 375p from 420p |
| * Rhi Magnesita NV RHIM.L: Jefferies resumes coverage with hold rating; PT 3280p |
| * Rotork ROR.L: HSBC raises target price to 395p from 385p |
| * Salvatore Ferragamo SFER.MI: Barclays raises target price to EUR 5.8 from EUR 5.7 |
| * Sandoz SDZ.S: Deutsche Bank raises target price to CHF 42 from CHF 36 |
| * Sandoz SDZ.S: Deutsche Bank raises to buy from hold |
| * Schroders SDR.L: Morgan Stanley raises target price to 440p from 390p |
| * Sensirion Holding AG SENSI.S: Berenberg raises target price to CHF 85 from CHF 79 |
| * Sensirion Holding AG SENSI.S: JP Morgan raises target price to CHF 85 from CHF 78 |
| * Siemens Energy AG ENR1n.DE: Morgan Stanley raises target price to EUR 65 from EUR 64 |
| * Smith & Nephew Plc SN.L: UBS cuts to neutral from buy |
| * Spirax-Sarco SPX.L: Kepler Cheuvreux raises target price to 7,600p from 7,460p |
| * Spirax-Sarco SPX.L: Kepler Cheuvreux raises to buy from hold |
| * Spirax-Sarco SPX.L: Stifel cuts target price to 6,250p from 6,500p |
| * Stroeer SAXG.DE: HSBC raises target price to EUR 75 from EUR 68 |
| * Team Internet Group Plc TIG.L: HSBC cuts to hold from buy; cuts PT to 60p from 140p |
| * Teamviewer TMV.DE: Barclays raises target price to EUR 18 from EUR 12 |
| * Traton SE 8TRA.DE: UBS cuts target price to EUR 41 from EUR 43 |
| * Treatt TET.L: Barclays raises to equal-weight from underweight |
| * Volkswagen AG VOWG_p.DE: Deutsche Bank raises target price to EUR 125 from EUR 115 |
