| * Acerinox ACX.MC: Jefferies raises target price to EUR 13.5 from EUR 11.5 |
| * ADP ADP.PA: Jefferies cuts target price to EUR 125 from EUR 129 |
| * Aker BP AKRBP.OL: Stifel raises target price to NOK 288 from NOK 279 |
| * Akzo Nobel NV AKZO.AS: Alphavalue raises target price to EUR 75.3 from EUR 69.9 |
| * Akzo Nobel NV AKZO.AS: Baader Europe raises target price to EUR 75.3 from EUR 69.9 |
| * Ambu A/S AMBUb.CO: Bernstein raises target price to DKK 139.9 from DKK 117.8 |
| * Ambu A/S AMBUb.CO: Bernstein raises to outperform from market perform |
| * Ambu A/S AMBUb.CO: Bernstein raises raises target price to DKK 139.9 from DKK 117.8 |
| * Ambu A/S AMBUb.CO: Bernstein raises to outperform from market perform |
| * Amrize AMRZ.S:Barclays initiates coverage with equal-weight rating and PT CHF 41 |
| * Amrize AMRZ.S: Barclays initiates coverage with equal-weight rating and PT CHF 41 |
| * Amundi SA AMUN.PA: BofA Global Research raises price objective to EUR 71 from EUR 70 |
| * Amundi SA AMUN.PA: JP Morgan cuts target price to EUR 68 from EUR 69 |
| * Angling Direct Plc ANG.L: Canaccord Genuity raises target price to 67p from 60p |
| * Anheuser-Busch Inbev ABI.BR: Barclays raises target price to EUR 85 from EUR 76 |
| * ASMI Holding NV ASMI.AS: Citigroup raises target price to EUR 650 from EUR 550 |
| * ASML Holding NV ASML.AS: Citigroup raises target price to EUR 1,050 from EUR 825 |
| * ASR Nederland NV ASRNL.AS: BofA Global Research raises to buy from neutral |
| * Aston Martin Lagonda AML.L: Deutsche Bank cuts target price to 85p from 90p |
| * Atlas Copco ATCOa.ST: Deutsche Bank raises target price to SEK 160 from SEK 150 |
| * Azelis AZE.BR: Degroof Petercam cuts target price to EUR 15 from EUR 17 |
| * Bank of Georgia BGEO.L: JP Morgan initiates coverage with overweight rating |
| * Bank of Georgia BGEO.L: JP Morgan initiates coverage with price target 9200p |
| * Belimo Holding AG BEAN.S: Alphavalue cuts target price to CHF 678 from CHF 689 |
| * Besi BESI.AS: BofA Global Research raises price objective to EUR 189 from EUR 158 |
| * BNP Paribas BNPP.PA: Alphavalue cuts to add from buy |
| * Bouygues SA BOUY.PA: Barclays cuts target price to EUR 39 from EUR 39.5 |
| * BPER EMII.MI: Kepler Cheuvreux cuts to hold from buy |
| * BPER EMII.MI: Kepler Cheuvreux raises target price to EUR 10.3 from EUR 9.4 |
| * BPER EMII.MI: Kepler Cheuvreux cuts to hold from buy |
| * BPER EMII.MI: Kepler Cheuvreux raises target price to EUR 10.3 from EUR 9.4 |
| * Centrica CNA.L: HSBC raises target price to 175p from 170p |
| * Close Brothers Group CBRO.L: UBS raises target price to 555p from 535p |
| * Convatec Group Plc CTEC.L: Barclays raises target price to 327p from 325p |
| * Credit Agricole CAGR.PA: Alphavalue cuts to add from buy |
| * Docmorris DOCM.S: Barclays initiates coverage with equal-weight rating and target price CHF 7 |
| * DWS Group Gmbh & Co KGaA DWSG.DE: BofA Global Research raises price objective to EUR 60 from EUR 58 |
| * DWS Group Gmbh & Co KGaA DWSG.DE: JP Morgan raises target price to EUR 57.7 from EUR 57.5 |
| * Embracer Group EMBRACb.ST: Barclays cuts target price to SEK 100 from SEK 105 |
| * Endesa ELE.MC: HSBC cuts to hold from buy |
| * Enel ENEI.MI: HSBC cuts to hold from buy |
| * Energias De Portugal EDP.LS: HSBC raises target price to EUR 4.7 from EUR 4.4 |
| * Epiroc AB EPIRa.ST: Citigroup raises target price to SEK 240 from SEK 234 |
| * Future Plc FUTR.L: Barclays cuts target price to 820p from 900p |
| * Gestamp GEST.MC: Deutsche Bank cuts target price to EUR 2.75 from EUR 3 |
| * Getlink GETP.PA: Jefferies initiates coverage with hold rating |
| * Getlink GETP.PA: Jefferies initiates coverage with target price EUR 16.5 |
| * Groupe SEB SEBF.PA: UBS cuts target price to EUR 75 from EUR 105 |
| * Hannover Rueck SE HNRGn.DE: Jefferies raises target price to EUR 350 from EUR 335 |
| * Hermes International S.C.A. HRMS.PA: Morgan Stanley cuts PT to EUR 2420 from EUR 2550 |
| * JD Wetherspoon JDW.L: Morgan Stanley cuts target price to 770p from 800p |
| * JDE Peet'S JDEP.AS: Jefferies cuts to hold from buy; raises PT to EUR 31 from EUR 29 |
| * Kering PRTP.PA: Barclays raises target price to EUR 200 from EUR 135 |
| * Kering PRTP.PA: Morgan Stanley raises target price to EUR 370 from EUR 250 |
| * Leonardo SpA LDOF.MI: Morgan Stanley raises target price to EUR 65 from EUR 63 |
| * Liontrust Asset Management Plc LIO.L: Berenberg cuts target price to 340p from 365p |
| * LVMH Moet Hennessy Louis Vuitton SA LVMH.PA: Morgan Stanley raises target price to EUR 635 from EUR 515 |
| * Millicom TIGO.O: HSBC cuts to hold from buy |
| * Mobico Group Plc MCG.L: RBC cuts target price to 30p from 35p |
| * Mondi MNDI.L: Citigroup cuts target price to 1,250p from 1,530p |
| * Mondi MNDI.L: Jefferies cuts target price to 1400p from 1700p |
| * Nexans NEXS.PA: Jefferies cuts target price to EUR 139 from EUR 150 |
| * Nexans NEXS.PA: Jefferies cuts to hold from buy |
| * NKT A/S NKT.CO: Jefferies raises target price to DKK 878 from DKK 527 |
| * NKT A/S NKT.CO: Jefferies raises to buy from hold |
| * NN Group NV NN.AS: BofA Global Research raises price objective to EUR 66 from EUR 65 |
| * NN Group NV NN.AS: BofA Global Research raises to buy from neutral |
| * Nordnet SAVE.ST: JP Morgan raises target price to SEK 246 from SEK 245 |
| * Ocado Group Plc OCDO.L: Morgan Stanley cuts target price to 170p from 210p |
| * Orange SA ORAN.PA: JP Morgan raises target price to EUR 17.5 from EUR 16.6 |
| * Orsted ORSTED.CO: HSBC raises target price to DKK 120 from DKK 119.5 |
| * Porr AG ABGV.VI: Jefferies initiates coverage with buy rating |
| * Porr AG ABGV.VI: Jefferies initiates coverage with target price EUR 37 |
| * Prosus N.V. PRX.AS: Barclays cuts target price to EUR 66.8 from EUR 67 |
| * Puig PUIGb.MC: Jefferies cuts target price to EUR 21 from EUR 22.7 |
| * Reach Plc RCH.L: Barclays cuts target price to 75p from 79p |
| * Redcare Pharmacy RDC.DE Barclays initiates coverage with overweight rating |
| * Redcare Pharmacy RDC.DE Barclays initiates coverage with target price EUR 140 |
| * Relx Plc REL.L: Barclays cuts target price to 4250p from 4475p |
| * Rentokil RTO.L: Bernstein raises raises target price to 570p from 313p |
| * Rentokil RTO.L: Bernstein raises to outperform from underperform |
| * Richemont CFR.S: Morgan Stanley raises target price to CHF 183 from CHF 180 |
| * RWE RWEG.DE: HSBC raises target price to EUR 44 from EUR 41 |
| * Sabanci Holding SAHOL.IS: HSBC raises target price to TRY 148 from TRY 140 |
| * Safran SA SAF.PA: Morgan Stanley raises target price to EUR 324 from EUR 305 |
| * Sandvik SAND.ST: UBS raises target price to SEK 225 from SEK 215 |
| * Sandvik AB SAND.ST: Citigroup raises target price to SEK 307 from SEK 264 |
| * Scout24 SE G24n.DE: JP Morgan raises target price to EUR 146 from EUR 142 |
| * SEB SA SEBF.PA: Bernstein cuts target price to EUR 70 from EUR 109 |
| * SEB SA SEBF.PA: Kepler Cheuvreux cuts target price to EUR 75 from EUR 100 |
| * SES SA SESFd.PA: Barclays raises target price to EUR 6.3 from EUR 6.15 |
| * SIG Group AG SIGNC.S: Citigroup cuts target price to CHF 12.5 from CHF 21.3 |
| * Skanska AB SKAb.ST: Jefferies raises target price to SEK 295 from SEK 240 |
| * Skanska AB SKAb.ST: Jefferies raises to buy from hold |
| * Societe Generale SA SOGN.PA: Alphavalue cuts target price to EUR 58.2 from EUR 72.3 |
| * Speedy Hire Plc SDY.L: Canaccord Genuity raises target price to 79p from 60p |
| * Springer Nature SPGG.DE: Barclays raises target price to EUR 27 from EUR 24.85 |
| * SSE SSE.L: HSBC raises target price to 2190p from 2150p |
| * Stillfront Group SFRG.ST: Barclays cuts target price to SEK 8 from SEK 8.5 |
| * Straumann Holding AG STMN.S: Bernstein cuts target price to CHF 125.5 from CHF 130 |
| * Tate & Lyle Plc TATE.L: UBS cuts target price to 390p from 590p |
| * TF1 TFFP.PA: Bernstein cuts target price to EUR 10.3 from EUR 10.6 |
| * Tomtom NV TOM2.AS: Kepler Cheuvreux raises target price to EUR 7.4 from EUR 5 |
| * Tomtom NV TOM2.AS: Kepler Cheuvreux raises to buy from hold |
| * Traton 8TRA.DE: Deutsche Bank raises target price to EUR 35 from EUR 32 |
| * Treatt Plc TET.L: Deutsche Bank raises target price to 290p from 260p |
| * UCB SA UCB.BR: Bernstein raises target price to EUR 226 from EUR 197 |
| * Universal Music UMG.AS: Deutsche Bank cuts target price to EUR 31 from EUR 33 |
| * UPM UPM.HE: Jefferies cuts target price to EUR 24.5 from EUR 28.6 |
| * UPM UPM.HE: Jefferies cuts to hold from buy |
| * VAT Group AG VACN.S: Citigroup initiates coverage with buy rating |
| * VAT Group AG VACN.S: Citigroup initiates coverage with target price CHF 425 |
| * Vinci SA SGEF.PA: Jefferies cuts target price to EUR 140 from EUR 145 |
| * Wacker Chemie AG WCHG.DE: Citigroup cuts target price to EUR 71 from EUR 82 |
| * Wacker Chemie AG WCHG.DE: Citigroup cuts to neutral from buy |
| * Warpaint London Plc W7L.L: RBC cuts target price to 440p from 700p |
| * WPP WPP.L: Barclays cuts target price to 385p from 395p |
