| * Acast ACAST.ST: Barclays raises target price to SEK 24 from SEK 22 |
| * Acerinox SA ACX.MC: Morgan Stanley cuts target price to EUR 12 from EUR 13 |
| * Adocia SA ADOC.PA: Maxim Group raises target price to EUR 16 from EUR 8 |
| * Air France-KLM AIRF.PA: ING raises target price to EUR 12.8 from EUR 8 |
| * AJ Bell Plc AJBA.L: Barclays raises target price to 500p from 480p |
| * Alimak Group AB (Publ) ALIG.ST: Berenbrg raises target price to SEK 180 from SEK 152 |
| * Almirall ALM.MC: Deutsche Bank raises target price to EUR 14 from EUR 12 |
| * Alstom ALSO.PA: Morgan Stanley raises target price to EUR 19 from EUR 18 |
| * Anglo American Plc AAL.L: HSBC raises target price to 2150p from 2100p |
| * Antofagasta Plc ANTO.L: HSBC cuts target price to 1300p from 1350p |
| * Bachem Holding AG BANB.S: UBS raises target price to CHF 76 from CHF 55 |
| * Banco De Sabadell SA SABE.MC: Barclays raises target price to EUR 3.2 from EUR 3 |
| * Bellway BWY.L: Barclays cuts target price to 3370p from 3380p |
| * Berkeley Group BKGH.L: Barclays cuts target price to 5260p from 5268p |
| * Besi BESI.AS: JP Morgan raises target price to EUR 135 from EUR 121 |
| * BNP Paribas BNPP.PA: Morgan Stanley raises target price to EUR 96 from EUR 94 |
| * BNP Paribas BNPP.PA: UBS raises target price to EUR 77.4 from EUR 75.2 |
| * Burberry BRBY.L: Citigroup raises target price to 1600p from 1250p |
| * Cembra Money Bank AG CMBN.S: UBS cuts target price to CHF 91.7 from CHF 93.2 |
| * Computacenter Plc CCC.L: Jefferies cuts target price to 3200p from 3300p |
| * Computacenter Plc CCC.L: Panmure Liberum cuts target price to 2995p from 3057p |
| * Crest Nicholson CRST.L: Barclays cuts target price to 218p from 221p |
| * Dassault Aviation SA AM.PA: Kepler Cheuvreux raises to buy from hold |
| * Deutsche Bank DBKGn.DE: Barclays raises target price to EUR 33 from EUR 27.6 |
| * Deutsche Bank DBKGn.DE: Morgan Stanley raises target price to EUR 32 from EUR 29 |
| * Deutsche Bank AG DBKGn.DE: Kepler Cheuvreux cuts to hold from buy |
| * Deutsche Bank AG DBKGn.DE: Kepler Cheuvreux raises PT to EUR 28 from EUR 25.5 |
| * Deutsche Boerse AG DB1Gn.DE: Barclays cuts target price to EUR 280 from EUR 290 |
| * Drax Group Plc DRX.L: Citigroup raises target price to 682p from 529p |
| * Drax Group Plc DRX.L: Citigroup raises to neutral from sell |
| * Dunelm Group Plc DNLM.L: UBS initiates coverage with buy rating; PT 1,385p |
| * DWS Group Gmbh & Co KGaA DWSG.DE: BofA Global Research raises PO to EUR 58 from EUR 53 |
| * DWS Group Gmbh & Co KGaA DWSG.DE: RBC raises target price to EUR 55 from EUR 53 |
| * Elia ELI.BR: Morgan Stanley raises target price to EUR 125 from EUR 120 |
| * ENI ENI.MI: UBS raises target price to EUR 14.5 from EUR 13 |
| * Eutelsat Communications ETL.PA: Deutsche Bank raises PT to EUR 2 from EUR 1.95 |
| * Galderma GALD.S: Barclays raises target price to CHF 140 from CHF 133 |
| * Groupe SEB SEBF.PA: UBS cuts target price to EUR 105 from EUR 130 |
| * Heineken NV HEIN.AS: RBC cuts target price to EUR 90 from EUR 92 |
| * Hemnet HEM.ST: Jefferies cuts target price to SEK 410 from SEK 435 |
| * Hexagon AB HEXAb.ST: Barclays raises target price to SEK 100 from SEK 95 |
| * IG Group Plc IGG.L: UBS raises target price to 1250p from 1200p |
| * ITV Plc ITV.L: UBS raises target price to 72p from 61p |
| * JDE Peet’s BV JDEP.AS: Barclays raises target price to EUR 24.6 from EUR 24.4 |
| * Julius Baer BAER.S: Barclays cuts target price to CHF 56.7 from CHF 65 |
| * Julius Baer BAER.S: Deutsche Bank raises target price to CHF 63 from CHF 62 |
| * Julius Baer Gruppe AG BAER.S: Barclays cuts target price to CHF 56.7 from CHF 65 |
| * Julius Baer Gruppe AG BAER.S: Barclays cuts to equal weight from overweight |
| * Jupiter JUP.L: Barclays raises target price to 105p from 78p |
| * Jupiter JUP.L: Deutsche Bank raises target price to 130p from 110p |
| * Kalmar Oyj KALMAR.HE: Exane BNP Paribas raises target price to EUR 38 from EUR 33 |
| * Kalmar Oyj KALMAR.HE: Exane BNP Paribas cuts to neutral from outperform |
| * Kingfisher KGF.L: UBS initiates coverage with neutral rating; price target 280p |
| * Kuehne+Nagel KNIN.S: UBS cuts target price to CHF 179 from CHF 182 |
| * Landis+Gyr Group AG LANDI.S: Berenberg aises target price to CHF 80 from CHF 54 |
| * Landis+Gyr Group AG LANDI.S: Berenberg raises to buy from hold |
| * Lloyds LLOY.L: BofA Global Research raises price objective to 85p from 73p |
| * Lonza Group AG LONN.S: JP Morgan raises target price to CHF 675 from CHF 650 |
| * LVMH LVMH.PA: Berenberg cuts target price to EUR 550 from EUR 570 |
| * Marshalls MSLH.L: RBC cuts target price to 240p from 370p |
| * Mitchells & Butlers MAB.L: Deutsche Bank raises target price to 300p from 280p |
| * Moncler MONC.MI: Bernstein cuts target price to EUR 55 from EUR 60 |
| * National Grid Plc NG.L: Jefferies raises target price to 1260p from 1140p |
| * Natwest Group NWB_pa.L: Morgan Stanley raises target price to 590p from 580p |
| * Natwest Group NWG.L: Barclays raises target price to 650p from 620p |
| * Natwest Group NWG.L: UBS raises target price to 590p from 553p |
| * Neste NESTE.HE: UBS raises target price to EUR 13 from EUR 12 |
| * Nestle NESN.S: HSBC cuts target price to CHF 89 from CHF 93 |
| * Paradox Interactive AB PDXI.ST: Barclays cuts target price to SEK 150 from SEK 160 |
| * Persimmon PSN.L: Barclays cuts target price to 1464p from 1470p |
| * Puma SE PUMG.DE: Deutsche Bank cuts target price to EUR 20 from EUR 34 |
| * Puma SE PUMG.DE: Deutsche Bank cuts to hold from buy |
| * Puma SE PUMG.DE: JP Morgan cuts target price to EUR 21 from EUR 26 |
| * Puma SE PUMG.DE: UBS cuts target price to EUR 16.3 from EUR 19.1 |
| * Quilter QLT.L: Deutsche Bank raises target price to 165p from 110p |
| * Quilter Plc QLT.L: Deutsche Bank raises to hold from sell |
| * Reckitt RKT.L: Deutsche Bank raises target price to 5600p from 5300p |
| * Relx Plc REL.L: Deutsche Bank raises target price to 4072p from 3909p |
| * Rémy Cointreau RCOP.PA: Barclays cuts to underweight from equal-weight |
| * Remy Cointreau RCOP.PA: Bernstein raises target price to EUR 72 from EUR 66 |
| * Remy Cointreau RCOP.PA: Midcap Partners resumes coverage with "hold" rating; PT EUR 67 |
| * Richemont CFR.S: HSBC cuts to hold from buy; cuts PT to CHF 158 from CHF 180 |
| * Rightmove RMV.L: UBS raises target price to 987p from 944p |
| * Rio Tinto RIO.L: HSBC cuts target price to 5300p from 5600p |
| * Roche Holding AG ROG.S: JP Morgan raises target price to CHF 230 from CHF 220 |
| * RWE RWEG.DE: Barclays raises target price to EUR 47 from EUR 45 |
| * RWE RWEG.DE: HSBC raises target price to EUR 41 from EUR 40 |
| * Sartorius AG SATG.DE: Bernstein raises target price to EUR 272 from EUR 266 |
| * Sartorius AG SATG.DE: Bernstein raises to outperform from market perform |
| * SGS SA SGSN.S: Bernstein raises target price to CHF 106 from CHF 100 |
| * Signify LIGHT.AS: Barclays raises target price to EUR 17.2 from EUR 15 |
| * SSE SSE.L: Jefferies raises target price to 2230p from 1850p |
| * St James's Place SJP.L: Deutsche Bank raises target price to 1750p from 1200p |
| * STMicroelectronics STMPA.PA: HSBC cuts target price to EUR 27 from EUR 31 |
| * Swatch UHR.S: HSBC cuts target price to CHF 113 from CHF 120 |
| * Swatch UHR.S: HSBC cuts to reduce from hold |
| * Treatt TET.L: Barclays cuts target price to 220p from 300p |
| * Uniqa Insurance Group UNIQ.VI: UBS raises target price to EUR 11.6 from EUR 9 |
| * Uniqa Insurance Group UNIQ.VI: UBS raises to neutral from sell |
| * Vallourec VLLP.PA: Morgan Stanley raises target price to EUR 18.8 from EUR 18.5 |
| * Vistry Group VTYV.L: Barclays cuts target price to 518p from 532p |
| * Volkswagen VOWG.DE: Bernstein raises target price to EUR 92 from EUR 90 |
| * Volkswagen VOWG_p.DE: UBS raises target price to EUR 100 from EUR 92 |
| * Vontobel VONN.S: UBS cuts target price to CHF 58 from CHF 63 |
| * Zegona Communications Plc ZEG.L: New Street Research raises PT to 1320p from 820p |
