| * 3I Group III.L: Kepler Cheuvreux initiates coverage with hold rating; PT 4100p |
| * Aberdeen ABDN.L: Barclays raises target price to 170p from 150p |
| * Amundi SA AMUN.PA: Barclays raises target price to EUR 76 from EUR 74 |
| * Anglo American AAL.L: RBC cuts target price to 1,940p from 1,970p |
| * Anheuser Busch Inbev SA ABI.BR: TD Cowen cuts target price to EUR 59 from EUR 63 |
| * Antofagasta ANTO.L: RBC cuts target price to 1,700p from 1,800p |
| * ArcelorMittal SA MT.LU: Morgan Stanley raises target price to EUR 30 from EUR 29.4 |
| * Argenx ARGX.BR: Deutsche Bank raises target price to EUR 550 from EUR 525 |
| * Argenx SE ARGX.BR: Deutsche Bank raises to buy from hold |
| * Arkema AKE.PA: Barclays cuts target price to EUR 80 from EUR 107 |
| * Ashmore Group Plc ASHM.L: Barclays raises target price to 145p from 135p |
| * Avanza Bank Holding AB AVANZ.ST: Barclays raises target price to SEK 300 from SEK 280 |
| * BASF SE BASFn.DE: Bernstein cuts target price to EUR 53 from EUR 60 |
| * Befesa SA BFSA.DE: Morgan Stanley raises target price to EUR 34 from EUR 32 |
| * Begbies Traynor Group Plc BEG.L: Canaccord Genuity raises PT to 157p from 153p |
| * Boliden BOL.ST: RBC cuts target price to SEK 335 from SEK 340 |
| * Burckhardt Compression Holding AG BCHN.S: Jefferies cuts PT to CHF 788 from CHF 804 |
| * Capgemini CAPP.PA: Deutsche Bank raises target price to EUR 186 from EUR 180 |
| * Coca-Cola Hellenic Bc AG CCH.L: Barclays raises target price to 4300p from 3900p |
| * Compagnie Des Alpes SA CDAF.PA: Bernstein raises PT to EUR 25 from EUR 19.60 |
| * Danske Bank DANSKE.CO: Morgan Stanley cuts target price to DKK 297 from DKK 300 |
| * Diageo DGE.L: UBS cuts target price to 2450p from 2650p |
| * Diageo Plc DGE.L: Barclays cuts target price to 2460p from 2490p |
| * Diasorin SpA DIAS.MI: UBS cuts target price to EUR 100 from EUR 106 |
| * DNB DNB.OL: Morgan Stanley raises target price to NOK 280 from NOK 270 |
| * DSV A/S DSV.CO: Barclays raises target price to DKK 1865 from DKK 1850 |
| * DSV A/S DSV.CO: Barclays raises target price to DKK 1865 from DKK 1850 |
| * DWS Group DWSG.DE: Barclays raises target price to EUR 47 from EUR 46 |
| * E.ON EONGn.DE: Morgan Stanley raises target price to EUR 18 from EUR 17 |
| * Electrolux ELUXb.ST: JP Morgan raises target price to SEK 80 from SEK 70 |
| * Elia Group SA ELI.BR: Citigroup raises target price to EUR 110 from EUR 91 |
| * Engie ENGIE.PA: HSBC raises target price to EUR 20.3 from EUR 18.2 |
| * Entain ENT.L: BofA Global Research raises to buy from neutral |
| * Entain ENT.L: BofA Global Research raises price objective to 1100p from 880p |
| * Evolution EVOG.ST: Kepler Cheuvreux cuts target price to SEK 1050 from SEK 1100 |
| * Evonik Industries EVKn.DE: UBS cuts target price to EUR 18 from EUR 20 |
| * Firstgroup Plc FGP.L: Berenberg raises target price to 240p from 215p |
| * Fortum Oyj FORTUM.HE: Morgan Stanley cuts target price to EUR 15.4 from EUR 15.5 |
| * Forvia FRVIA.PA: Barclays raises target price to EUR 13 from EUR 10 |
| * Future Plc FUTR.L: JP Morgan cuts target price to 1,296p from 1,325p |
| * Gerresheimer AG GXIG.DE: Barclays cuts target price to EUR 64 from EUR 67 |
| * Givaudan GIVN.S: Barclays raises target price to CHF 4000 from CHF 3800 |
| * Glencore GLEN.L: RBC cuts target price to 350p from 360p |
| * H & M HMb.ST: UBS cuts target price to SEK 133 from SEK 135 |
| * Haleon HLN.L: Barclays cuts target price to 450p from 475p |
| * Haleon Plc HLN.L: HSBC cuts target price to 400p from 420p |
| * Haleon Plc HLN.L: Jefferies cuts target price to 440p from 450p |
| * Haleon Plc HLN.L: Morgan Stanley cuts target price to 410p from 425p |
| * Handelsbanken SHBa.ST: Morgan Stanley cuts target price to SEK 123 from SEK 124 |
| * Handelsbanken SHBa.ST: Morgan Stanley cuts to underweight from equal weight |
| * Hochschild HOCM.L: RBC cuts target price to 340p from 360p |
| * Iberdrola SA IBE.MC: Morgan Stanley raises target price to EUR 17 from EUR 16 |
| * ING INGA.AS: UBS raises target price to EUR 22.5 from EUR 21.5 |
| * Jupiter Fund Management Plc JUP.L: Barclays raises target price to 78p from 55p |
| * Just Group JUSTJ.L: Berenberg initiates coverage with buy rating; target price 209p |
| * K+S AG SDFGn.DE: Morgan Stanley raises target price to EUR 11.7 from EUR 10.8 |
| * Kerry Group KYGa.L: Barclays raises target price to 10900p from 10700p |
| * Liontrust Asset Management Plc LIO.L: Barclays cuts target price to 425p from 440p |
| * Maersk MAERSKb.CO: Citigroup cuts target price to DKK 13284 from DKK 13591 |
| * Man Group Plc EMG.L: Barclays cuts target price to 215p from 220p |
| * Mitchells & Butlers MAB.L: JP Morgan raises target price to 340p from 315p |
| * Naturgy NTGY.MC: Morgan Stanley raises target price to EUR 27 from EUR 25 |
| * NKT A/S NKT.CO: JP Morgan raises target price to DKK 606 from DKK 570 |
| * NN Group NV NN.AS: Kepler Cheuvreux raises target price to EUR 52.6 from EUR 40.6 |
| * Nordea Bank Abp NDAFI.HE: Morgan Stanley cuts target price to EUR 14.3 from EUR 14.6 |
| * Nordnet Bank AB SAVE.ST: Barclays raises target price to SEK 235 from SEK 215 |
| * NTG Nordic Transport Group NTGNT.CO: Barclays initiates coverage with overweight rating |
| * NTG Nordic Transport Group NTGNT.CO: Barclays initiates coverage with PT DKK 310 |
| * Orion ORNBV.HE: Jefferies raises (Not Cuts) target price to EUR 76 from EUR 66 |
| * Orsted ORSTED.CO: Morgan Stanley raises target price to DKK 340 from DKK 320 |
| * Oxford Nanopore Technologies ONT.L: Canaccord Genuity initiates coverage with buy rating |
| * Oxford Nanopore Technologies ONT.L: Canaccord Genuity initiates coverage with PT 180p |
| * Persimmon PSN.L: BofA Global Research raises to buy from neutral |
| * Peugeot Invest SA PEUG.PA: Degroof Petercam cuts target price to EUR 97 |
| * Rémy Cointreau RCOP.PA: Barclays raises target price to EUR 45 from EUR 39 |
| * Remy Cointreau RCOP.PA: JP Morgan cuts target price to EUR 40 from EUR 46 |
| * Remy Cointreau RCOP.PA: UBS raises target price to EUR 51 from EUR 46 |
| * Rheinmetall AG RHMG.DE: Morgan Stanley raises target price to EUR 2200 from EUR 2000 |
| * Rio Tinto RIO.L: RBC cuts target price to 4,700p from 4,900p |
| * Roche ROG.S: Deutsche Bank cuts target price to CHF 235 from CHF 250 |
| * RWE AG RWEG.DE: Morgan Stanley raises target price to EUR 48 from EUR 45 |
| * Safran SAF.PA: Kepler Cheuvreux raises target price to EUR 306 from EUR 258 |
| * Saint Gobain SGOB.PA: UBS raises target price to EUR 97 from EUR 91 |
| * Sandoz SDZ.S: Deutsche Bank raises target price to CHF 48 from CHF 42 |
| * Schroders Plc SDR.L: Barclays raises target price to 430p from 410p |
| * Scor SCOR.PA: Barclays cuts target price to EUR 30.1 from EUR 30.2 |
| * SGS SA SGSN.S: RBC raises target price to CHF 86.5 from CHF 83 |
| * SGS SA SGSN.S: RBC raises to sector perform from underperform |
| * Shell Plc SHEL.L: Citigroup cuts target price to 2450p from 2480p |
| * Shell Plc SHEL.L: HSBC cuts target price to 2900p from 2930p |
| * SSAB SSABa.ST: Jefferies cuts target price to SEK 67 from SEK 70 |
| * St. James's Place SJP.L: JP Morgan raises target price to 1,410p from 1,310p |
| * Stora Enso Oyj STERV.HE: Morgan Stanley cuts target price to EUR 10 from EUR 10.4 |
| * Swedbank SWEDa.ST: Morgan Stanley cuts target price to SEK 234 from SEK 237 |
| * Swedish Orphan Biovitrum SOBIV.ST: Deutsche Bank raises to hold from sell |
| * Thales SA TCFP.PA: Morgan Stanley raises target price to EUR 250 from EUR 244 |
| * UBS Group AG UBSG.S: Kepler Cheuvreux cuts target price to CHF 31 from CHF 33 |
| * Umicore SA UMI.BR: Berenberg raises target price to EUR 14 from EUR 10 |
| * Unilever ULVR.L: TD Cowen cuts target price to 5300p from 5600p |
| * Victrex Plc VCTX.L: JP Morgan cuts target price to 818p from 940p |
| * Vinci SGEF.PA: Kepler Cheuvreux raises target price to EUR 128 from EUR 115 |
| * XPS Pensions Group Plc XPS.L: UBS initiates coverage with buy rating; PT 480p |
| * Young & Co'S Brewery Plc YNGa.L: JP Morgan raises target price to 1,360p from 1,240p |
| * Zealand pharma ZELA.CO: Deutsche Bank cuts target price to DKK 400 from DKK 485 |
| * Zealand pharma A/S ZELA.CO: Barclays initiates coverage with overweight rating |
| * Zealand pharma A/S ZELA.CO: Barclays initiates coverage with target price DKK 560 |
