| * Ageas SA AGES.BR: BofA Global Research cuts to neutral from buy |
| * Arcelik AS ARCLK.IS: HSBC cuts target price to TRY 130 from TRY 135 |
| * Avolta AVOL.S: UBS cuts target price to CHF 48 from CHF 63 |
| * Avolta AVOL.S: UBS cuts to neutral from buy |
| * Bank Pekao S.A. PEO.WA: Morgan Stanley cuts target price to PLN 265 from PLN 268 |
| * Bankinter BKT.MC: Deutsche Bank raises target price to EUR 16.1 from EUR 15.65 |
| * Barry Callebaut AG BARN.S: Berenberg cuts target price to CHF 1,268 from CHF 1,487 |
| * Bertrandt AG BDTG.DE: Deutsche Bank cuts target price to EUR 15 from EUR 21 |
| * Bioarctic AB BIOAb.ST: Goldman Sachs cuts to neutral from buy |
| * Bureau Veritas SA BVI.PA: Barclays cuts target price to EUR 31 from EUR 34 |
| * Cancom SE COKG.DE: Deutsche Bank raises target price to EUR 34 from EUR 33 |
| * Coloplast A/S COLOb.CO: Jefferies cuts target price to DKK 600 from DKK 700 |
| * DNB DNB.OL: Kepler Cheuvreux cuts target price to NOK 302 from NOK 333 |
| * DSV A/S DSV.CO: Barclays raises target price to DKK 2200 from DKK 2150 |
| * Duni Group DUNI.ST: Kepler Cheuvreux cuts target price to SEK 108 from SEK 113 |
| * Electrolux ELUXb.ST: Deutsche Bank cuts target price to SEK 60 from SEK 73 |
| * Electrolux ELUXb.ST: JP Morgan cuts target price to SEK 54 from SEK 65 |
| * Emeis EMEIS.PA: TP ICAP Midcap initiates coverage of emeis at "buy"; sets TP EUR 17 |
| * Eurofins EUFI.PA: Barclays raises target price to EUR 63 from EUR 54 |
| * Exosens SA EXENS.PA: Berenberg raises target price to EUR 72 from EUR 69 |
| * Ferrovial FERF.AS: Kepler Cheuvreux cuts target price to EUR 66.4 from EUR 68.5 |
| * Filtronic Plc FTC.L: Berenberg raises target price to 360p from 213p |
| * Flatexdegiro SE FTKn.DE: Berenberg raises target price to EUR 45 from EUR 42 |
| * Fraport FRAG.DE: Kepler Cheuvreux raises target price to EUR 91 from EUR 83 |
| * Galp Energia SGPS SA GALP.LS: HSBC cuts target price to EUR 20 from EUR 21 |
| * Galp Energia SGPS SA GALP.LS: UBS cuts target price to EUR 24 from EUR 25 |
| * Gerresheimer AG GXIG.DE: Barclays cuts target price to EUR 19 from EUR 23 |
| * Gerresheimer AG GXIG.DE: Barclays cuts to underweight from equal-weight |
| * Kuehne+Nagel KNIN.S: JP Morgan raises target price to CHF 170 from CHF 160 |
| * Man Group Plc EMG.L: UBS cuts target price to 290p from 295p |
| * Marston'S MARS.L: JP Morgan cuts target price to 81p from 85p |
| * Mfe Media for Europe MFEB.MI: Kepler Cheuvreux raises PT to EUR 4.65 from EUR 4.45 |
| * Mfe Media for Europe MFEB.MI: Kepler Cheuvreux raises to buy from hold |
| * Molten Ventures Plc GROW.L: Deutsche Bank raises target price to 760p from 724p |
| * Nokia Oyj NOKIA.HE: Morgan Stanley raises target price to EUR 11 from EUR 8.5 |
| * Nordex NDXG.DE: Deutsche Bank raises target price to EUR 59 from EUR 58 |
| * Nordex SE NDXG.DE: Citigroup raises target price to EUR 48 from EUR 45 |
| * Nordnet SAVE.ST: Berenberg raises target price to SEK 320 from SEK 300 |
| * Pagegroup PAGE.L: Jefferies cuts target price to 125p from 145p |
| * Reckitt RKT.L: Deutsche Bank cuts target price to 5430p from 5460p |
| * Sainsbury SBRY.L: Citigroup cuts target price to 335p from 377p |
| * Sainsbury SBRY.L: Citigroup cuts to neutral from buy |
| * Saint-Gobain SGOB.PA: RBC raises to outperform from sector perform |
| * SCHOTT Pharma AG & Co. KGaA 1SXP.DE: Barclays raises PT to EUR 16 from EUR 15 |
| * Schott pharma AG & Co. KGaA 1SXP.DE: Barclays raises target to EUR 16 from EUR 15 |
| * SGL Carbon SGCG.DE: Deutsche Bank raises target price to EUR 4.05 from EUR 3.7 |
| * Siemens AG SIEGN.DE: HSBC raises target price to EUR 300 from EUR 240 |
| * Siemens AG SIEGN.DE: HSBC raises to buy from hold |
| * SSP Group Plc SSPG.L: UBS cuts target price to 180p from 245p |
| * SSP Group Plc SSPG.L: UBS cuts to neutral from buy |
| * Taylor Wimpey TW.L: RBC cuts target price to 115p from 120p |
| * Telecom Italia SpA TLIT.MI: Barclays raises target price to EUR 0.63 from EUR 0.62 |
| * Telecom Italia Spa TLITn.MI: Barclays raises target price to EUR 0.75 from EUR 0.74 |
| * Telecom Plus TEP.L: Peel Hunt cuts target price to 1850p from 2600p |
| * Telefonica SA TEF.MC: Barclays raises target price to EUR 4 from EUR 3.8 |
| * Tesco PLC TSCO.L: Jefferies raises target price to 460p from 430p |
| * TKMS AG & Co KgaA TKMS.DE: Deutsche Bank raises target price to EUR 110 from EUR 99 |
| * Travis Perkins TPK.L: RBC cuts target price to 825p from 850p |
| * Var Energi VAR.OL: Kepler Cheuvreux raises target price to NOK 49 from NOK 26 |
| * Var Energi VAR.OL: Kepler Cheuvreux raises to hold from reduce |
| * Volex PLC VLX.L: Peel Hunt raises target price to 750p from 500p |
| * Watches of Switzerland Group WOSG.L: UBS raises target price to 565p from 540p |
| * Whitbread Plc WTB.L: Barclays cuts target price to 2500p from 2600p |
| * Ypsomed Holding AG YPSN.S: Barclays cuts target price to CHF 343 from CHF 420 |
| * Ypsomed Holding AG YPSN.S: Barclays raises to overweight from equal-weight |
