| * Aedas Homes AEDAS.MC: Kepler Cheuvreux cuts target price to EUR 24.48 from EUR 30 |
| * Ashtead Technology Holdings Plc ATAS.L: Stifel cuts target price to 660p from 900p |
| * B&M European value Retail SA BMEB.L: Morgan Stanley cuts target price to 296p from 310p |
| * BASF SE BASFn.DE: Deutsche Bank cuts target price to EUR 52 from EUR 55 |
| * Berkeley Group BKGH.L: Barclays cuts target price to 5268p from 5315p |
| * Berkeley Group BKGH.L: Berenberg cuts target price to 5000p from 5500p |
| * Breedon Group BREE.L: Barclays cuts target price to 531p from 584p |
| * Camurus AB CAMX.ST: Jefferies raises target price to SEK 830 from SEK 750 |
| * Diageo DGE.L: Morgan Stanley cuts target price to 1840p from 1855p |
| * Diploma Plc DPLM.L: Jefferies raises target price to 4500p from 3950p |
| * Elis SA ELIS.PA: JP Morgan raises target price to EUR 26 from EUR 25 |
| * FMC AG FMEG.DE: Berenberg raises target price to EUR 60 from EUR 55 |
| * Getinge GETIb.ST: Morgan Stanley cuts target price to SEK 182 from SEK 191 |
| * Halma HLMA.L: Deutsche Bank raises target price to 3200p from 2760p |
| * Halma HLMA.L: JP Morgan raises target price to 2,950p from 2,650p |
| * Hays HAYS.L: UBS cuts target price to 70p from 100p |
| * Hays HAYS.L: UBS cuts to neutral from buy |
| * Hensoldt AG HAGG.DE: Citigroup cuts to sell from neutral |
| * Hensoldt AG HAGG.DE: Citigroup raises target price to EUR 88 from EUR 85 |
| * IHG IHG.L: BofA Global Research cuts price objective to 10300p from 10400p |
| * JDE Peet's JDEP.AS: JP Morgan raises target price to EUR 20.50 from EUR 19 |
| * Londonmetric LMPL.L: Stifel raises target price to 225p from 200p |
| * Maersk MAERSKb.CO: BofA Global Research raises price objective to DKK 12300 from DKK 11900 |
| * Moncler MONC.MI: JP Morgan cuts target price to EUR 60 from EUR 63 |
| * Munich Re Group MUVGn.DE: Morgan Stanley cuts target price to EUR 528 from EUR 568 |
| * Munich Re Group MUVGn.DE: Morgan Stanley cuts to underweight from equal weight |
| * Neinor Homes HOME.MC: Kepler Cheuvreux raises target price to EUR 19 from EUR 16.1 |
| * Pagegroup PAGE.L: UBS cuts target price to 250p from 400p |
| * Pagegroup PAGE.L: UBS cuts to neutral from buy |
| * Pearson Plc PSON.L: Barclays cuts target price to 1105p from 1250p |
| * Pfisterer Holding SE PFSE.DE: Berenberg initiates coverage with buy rating; PT EUR 49 |
| * Renk Group AG R3NK.DE: Citigroup cuts to sell from buy |
| * Renk Group AG R3NK.DE: Citigroup raises target price to EUR 61 from EUR 34.60 |
| * Saab SAABb.ST: Citigroup cuts to sell from buy; raises target to SEK 374 from SEK 260 |
| * Spie SA SPIE.PA: JP Morgan raises target price to EUR 48 from EUR 45 |
| * Swiss Re AG SRENH.S: Morgan Stanley cuts target price to CHF 130 from CHF 143 |
| * Swiss Re AG SRENH.S: Morgan Stanley cuts to underweight from equal weight |
| * TP TEPRF.PA: JP Morgan cuts target price to EUR 86 from EUR 91 |
| * TT Electronics Plc TTG.L: Deutsche Bank cuts target price to 130p from 150p |
| * UCB S.A. UCB.BR: Morgan Stanley raises target price to EUR 220 from EUR 200 |
| * UCB S.A. UCB.BR: Morgan Stanley raises to overweight from equal weight |
| * Uniphar Plc UPR.L: Deutsche Bank raises target price to 375p from 310p |
| * Wizz Air WIZZ.L: BofA Global Research cuts price objective to 1280p from 1300p |
| * Yara YAR.OL: Morgan Stanley raises target price to NOK 400 from NOK 380 |
