| * Admiral Group Plc ADML.L: Barclays raises target price to 3660p from 3610p |
| * Aegon Ltd AEGN.AS: Barclays cuts target price to EUR 6.2 from EUR 6.3 |
| * Ageas N.V. AGES.BR: Barclays raises target price to EUR 64.5 from EUR 60 |
| * Airbus AIR.PA: UBS raises target price to EUR 220 from EUR 180 |
| * Airbus AIR.PA: UBS raises to buy from neutral |
| * Allianz SE ALVG.DE: Barclays raises target price to EUR 329 from EUR 325 |
| * Aryzta AG ARYN.S: Berenberg initiates coverage with hold rating |
| * Aryzta AG ARYN.S: Berenberg initiates coverage with target price CHF 80 |
| * ASML Holding NV ASML.AS: Barclays raises target price to EUR 680 from EUR 650 |
| * ASR Nederland NV ASRNL.AS: Barclays raises target price to EUR 61.5 from EUR 58 |
| * Avantium NV AVTX.AS: Degroof Petercam cuts target price to EUR 14 from EUR 19 |
| * Aviva Plc AV.L: Barclays raises target price to 676p from 660p |
| * AXA AXAF.PA: Barclays raises target price to EUR 45 from EUR 44.5 |
| * Beazley BEZG.L: Barclays raises target price to 980p from 950p |
| * Brooks MacDonald Group Plc BRK.L: Peel Hunt raises target price to 1900p from 1600p |
| * Buzzi BZU.MI: Goldman Sachs initiates coverage with neutral rating |
| * Cairn Homes Plc CRN.L: Deutsche Bank raises target price to 200p from 190p |
| * Caixabank SA CABK.MC: Barclays raises target price to EUR 8.6 from EUR 8 |
| * Canatu Oyj CANATU.HE: Stifel resumes coverage with buy rating; target price EUR 12 |
| * Continental AG CONG.DE: JP Morgan raises target price to EUR 93 from EUR 85 |
| * Derwent London DLN.L: Barclays cuts target price to 1640p from 1820p |
| * Dormakaba Holding AG DOKA.S: Berenberg raises target price to CHF 900 from CHF 862 |
| * Dormakaba Holding AG DOKA.S: Kepler Cheuvreux raises PT to CHF 810 from CHF 780 |
| * Dormakaba Holding AG DOKA.S: Kepler Cheuvreux raises to buy from hold |
| * Entain ENT.L: HSBC cuts target price to 917p from 949p |
| * Entain ENT.L: HSBC cuts to hold from buy |
| * EPC Groupe EEPC.PA: Midcap Partners raises to buy from hold |
| * Eurocell Plc ECEL.L: Berenberg cuts target price to 270p from 300p |
| * Eurocell Plc ECEL.L: Peel Hunt cuts target price to 180p from 210p |
| * Ferrovial FERF.AS: JP Morgan raises target price to EUR 53 from EUR 49 |
| * Fraport FRAG.DE: JP Morgan cuts target price to EUR 69 from EUR 73 |
| * Generali GASI.MI: Morgan Stanley resumes coverage with overweight rating |
| * Generali GASI.MI: Morgan Stanley resumes coverage with target price EUR 37.5 |
| * Genus GNS.L: Peel Hunt raises target price to 3200p from 3100p |
| * Getlink GETP.PA: JP Morgan cuts target price to EUR 15 from EUR 18 |
| * Getlink GETP.PA: JP Morgan cuts to neutral from overweight |
| * Great Portland Estates Plc GPEG.L: Barclays raises PT to 290p from 280p |
| * Hannover Re HNRGn.DE: Barclays cuts target price to EUR 218 from EUR 221 |
| * Heidelberg Materials HEIG.DE: Goldman Sachs initiates coverage with buy rating |
| * Holcim AG HOLN.S: Goldman Sachs initiates coverage with buy rating |
| * Jet2 Plc JET2.L: Jefferies cuts target price to 2100p from 2200p |
| * Kongsberg Gruppen KOG.OL: Morgan Stanley initiates coverage with equalweight rating |
| * Kongsberg Gruppen KOG.OL: Morgan Stanley initiates coverage with PT NOK 270 |
| * LVMH LVMH.PA: Jefferies raises target price to EUR 470 from EUR 450 |
| * Mapfre MAP.MC: Barclays raises target price to EUR 3.55 from EUR 3.5 |
| * Marimekko OYJ: Inderes raises to accumulate from reduce; target price EUR 13 |
| * MTU Aero Engines AG MTXGn.DE: UBS cuts target price to EUR 400 from EUR 485 |
| * MTU Aero Engines AG MTXGn.DE: UBS cuts to neutral from buy |
| * Munich Re MUVGn.DE: Barclays cuts target price to EUR 586 from EUR 600 |
| * Nemetschek SE NEKG.DE: Exane BNP Paribas cuts target price to EUR 120 from EUR 130 |
| * Nemetschek SE NEKG.DE: Exane BNP Paribas cuts to neutral from outperform |
| * NN NN.AS: Barclays raises target price to EUR 68 from EUR 63 |
| * Nokia NOKIA.HE: Exane BNP Paribas raises to outperform from neutral |
| * Nordic Semiconductor ASA NOD.OL: Morgan Stanley raises PT to NOK 145 from NOK 115 |
| * Orsted ORSTED.CO: Bernstein cuts target price to DKK 220 from DKK 375 |
| * Partners Group Holding AG PGHN.S: Citigroup raises PT to CHF 1190 from CHF 1140 |
| * Pearson Plc PSON.L: Barclays cuts target price to 1150p from 1160p |
| * Phoenix PHNX.L: Barclays raises target price to 590p from 570p |
| * Prudential Plc PRU.L: Barclays raises target price to 1157p from 1090p |
| * Roche Holding AG ROG.S: Bernstein cuts target price to CHF 320 from CHF 345 |
| * Rolls RR.L: UBS cuts target price to 1310p from 1375p |
| * RWE AG RWEG.DE: Bernstein raises target price to EUR 41 from EUR 39 |
| * RWE AG RWEG.DE: Bernstein raises to outperform from market perform |
| * Saab SAABb.ST: Morgan Stanley initiates coverage with target price SEK 430 |
| * Saab SAABb.ST: Morgan Stanley initiates coverage with underweight rating |
| * Sabre Insurance Group Plc SBRE.L: Barclays raises target price to 178p from 174p |
| * Safran SA SAF.PA: UBS cuts target price to EUR 300 from EUR 310 |
| * Sampo SAMPO.HE: Barclays raises target price to EUR 10.8 from EUR 10.5 |
| * Scor SCOR.PA: Barclays cuts target price to EUR 29.1 from EUR 30.1 |
| * SMA Solar S92G.DE: Jefferies raises to hold from underperform |
| * Smiths Group SMIN.L: Panmure Liberum raises PT to 2760p from 2560p |
| * Soitec SA SOIT.PA: Morgan Stanley cuts target price to EUR 35 from EUR 50 |
| * SSE Plc SSE.L: UBS raises target price to 2175p from 2150p |
| * St. James's Place SJP.L: Barclays raises target price to 1530p from 1400p |
| * Swiss Life Holding SLHN.S: Barclays raises target price to CHF 865 from CHF 829 |
| * Swiss Re SRENH.S: Barclays cuts target price to CHF 123 from CHF 128 |
| * Tate & Lyle TATE.L: Morgan Stanley initiates coverage with equalweight rating |
| * Tate & Lyle TATE.L: Morgan Stanley initiates coverage with target price 590p |
| * Unipol UNPI.MI: Barclays raises target price to EUR 18.5 from EUR 18 |
| * Wartsila WRT1V.HE: Citigroup cuts to sell from neutral |
| * Wartsila WRT1V.HE: Citigroup raises target price to EUR 20 from EUR 19.4 |
| * Workspace WKP.L: Barclays cuts target price to 475p from 525p |
| * Ypsomed Holding AG YPSN.S: Keybanc initiates coverage with overweight rating |
| * Ypsomed Holding AG YPSN.S: Keybanc initiates coverage with price target CHF 525 |
| * Zurich Insurance Group AG ZURN.S: Barclays cuts target price to CHF 580 from CHF 585 |