| * ABN Amro Bank NV ABNd.AS: ING raises target price to EUR 24 from EUR 17.3 |
| * Allgeier SE AEIGn.DE: Berenberg cuts target price to EUR 21 from EUR 24 |
| * Amrize AG AMRZ.S: Jefferies cuts target price to CHF 49.40 from CHF 52.50 |
| * Applied Nutrition PLC APNA.L: Peel Hunt raises to hold from reduce |
| * Applied Nutrition PLC APNA.L: Peel Hunt raises target price to 144p from 117p |
| * Argan ARGAN.PA: Barclays cuts target price to EUR 80 from EUR 91 |
| * Assura AGRP.L: Peel Hunt raises to buy from add; raises target price to 60p from 43p |
| * Banca Mediolanum BMED.MI: BofA Global Research raises price objective to EUR 18.5 from EUR 16 |
| * Banco BPM BAMI.MI: Jefferies raises target price to EUR 11.60 from EUR 10.30 |
| * Bechtle AG BC8G.DE: BofA Global Research raises price objective to EUR 34 from EUR 32 |
| * Cirsa CIRSA.MC: Deutsche Bank initiates coverage with buy rating and target EUR 22.7 |
| * Cirsa Enterprises, S.A.U. CIRSA.MC: Morgan Stanley initiates coverage with equal weight rating and PT EUR 17.5 |
| * CTP NV CTPNV.AS: Barclays raises target price to EUR 22 from EUR 17 |
| * Dowlais Group Plc DWL.L: RBC cuts to sector perform from outperform |
| * Dowlais Group Plc DWL.L: RBC raises target price to 77p from 70p |
| * Entain ENT.L: Berenberg raises target price to 1200p from 1100p |
| * Fortum Oyj FORTUM.HE: Morgan Stanley cuts target price to EUR 15 from EUR 15.4 |
| * Galderma Group AG GALD.S: Jefferies raises target price to CHF 160 from CHF 112 |
| * H & M Hennes & Mauritz AB HMb.ST: Barclays cuts target price to SEK 130 from SEK 134 |
| * Iberdrola IBE.MC: Berenberg raises target price to EUR 17.50 from EUR 14 |
| * IMI Plc IMI.L: JP Morgan raises target price to 2,850p from 2,500p |
| * IWG IWG.L: Peel Hunt cuts to hold from add |
| * JD Sports Fashion Plc JD.L: Deutsche Bank raises target price to 100p from 85p |
| * JDE Peet'S JDEP.AS: Morgan Stanley raises target price to EUR 28 from EUR 26.2 |
| * Legal & General Group PLC LGEN.L: UBS cuts to neutral from buy |
| * Lotus Bakeries NV LOTB.BR: Degroof Petercam raises target price to EUR 9900 |
| * Merck KGaA MRCG.DE: Barclays cuts target price to EUR 120 from EUR 150 |
| * Merck KGaA MRCG.DE: Barclays cuts to equal-weight from overweight |
| * Metro Bank MTRO.L: RBC raises to outperform from sector perform |
| * Nordic Semiconductor NOD.OL: Deutsche Bank raises target to NOK 140 from NOK 115 |
| * Novo Nordisk NOVOb.CO: TD Cowen cuts target price to DKK 435 from DKK 720 |
| * Primary Health Properties Plc PHP.L: Peel Hunt raises target to 120p from 110p |
| * Prysmian SpA PRY.MI: UBS raises target price to EUR 85 from EUR 72 |
| * Segro SGRO.L: Barclays cuts target price to 550p from 700p |
| * Segro SGRO.L: Barclays cuts to underweight from equal-weight |
| * SGL Carbon SGCG.DE: Deutsche Bank cuts target price to EUR 4.1 from EUR 4.3 |
| * Softcat Plc SCTS.L: Citigroup cuts target price to 1960p from 2000p |
| * Straumann Holding AG STMN.S: Stifel cuts target price to CHF 130 from CHF 140 |
| * TAG Immobilien AG TEGG.DE: Baader Helvea raises target price to EUR 18 from EUR 14 |
| * Tritax Big Box REIT BBOXT.L: Barclays cuts target price to 158p from 164p |
| * W.A.G. Payment Solutions PLC WPS.L: UBS cuts target price to 113p from 120p |
| * Warehouses De Pauw WDPP.BR: Barclays cuts target price to EUR 24 from EUR 27 |
| * Zalando SE ZALG.DE: Baader Helvea raises to buy from add |
| * Zalando SE ZALG.DE: Baader Helvea cuts PT to EUR 32 from EUR 37 |
