| * ABB ABBN.S: HSBC cuts target price to CHF 45 from CHF 48 |
| * Accor ACCP.PA: Jefferies cuts target price to EUR 53 from EUR 55 |
| * AP Moller Maersk MAERSKb.CO: Barclays raises target price to DKK 10100 from DKK 10000 |
| * Babcock International BAB.L: Deutsche Bank raises target price to 1115p from 965p |
| * BAE Systems Plc BAES.L: Morgan Stanley raises target price to 2158p from 2069p |
| * Belimo Holding AG BEAN.S: Morgan Stanley raises target price to CHF 745 from CHF 615 |
| * BP Plc BP.L: Morgan Stanley raises target price to 347p from 340p |
| * BT Group BT.L: UBS raises target price to 135p from 120p |
| * Campari CPRI.MI: Citigroup cuts target price to EUR 7 from EUR 7.25 |
| * Clariant AG CLN.S: Morgan Stanley cuts target price to CHF 10.9 from CHF 11.4 |
| * Continental AG CONG.DE: Berenberg raises target price to EUR 82 from EUR 75 |
| * Danone DANO.PA: Deutsche Bank cuts target price to EUR 64 from EUR 65 |
| * Demant A/S DEMANT.CO: Barclays cuts target price to DKK 282 from DKK 285 |
| * Downing Renewables & Infrastructure Trust Plc DORE.L: Stifel cuts to neutral from positive |
| * EDP EDP.LS: UBS raises target price to EUR 4.1 from EUR 3.8 |
| * ENI ENI.MI: Morgan Stanley raises target price to EUR 13.80 from EUR 13.30 |
| * Equinor EQNR.OL: Morgan Stanley cuts target price to NOK 248 from NOK 250 |
| * Essilorluxottica SA ESLX.PA: JP Morgan cuts target price to EUR 267 from EUR 270 |
| * Fincantieri FCT.MI: Deutsche Bank initiates coverage with buy rating |
| * Fincantieri FCT.MI: Deutsche Bank initiates coverage with target price EUR 17 |
| * Geberit AG GEBN.S: Morgan Stanley raises target price to CHF 509 from CHF 434 |
| * Great Portland Estates Plc GPEG.L: Stifel raises target price to 370p from 290p |
| * H&M HMb.ST: Deutsche Bank cuts target price to SEK 125 from SEK 130 |
| * H&M HMb.ST: JP Morgan cuts target price to SEK 120 from SEK 125 |
| * Halfords Group Plc HFD.L: Canaccord Genuity raises target price to 160p from 151p |
| * Hemnet Group AB HEM.ST: UBS initiates coverage with sell rating |
| * Hermes HRMS.PA: Barclays cuts target price to EUR 2670 from EUR 2710 |
| * IHG IHG.L: Jefferies cuts target price to 8400p from 8900p |
| * Indra IDR.MC: Morgan Stanley raises target price to EUR 47 from EUR 21.5 |
| * Indra IDR.MC: Morgan Stanley raises to overweight from equal weight |
| * ISS ISS.CO: Jefferies raises target price to DKK 170 from DKK 155 |
| * Kering PRTP.PA: Citigroup cuts target price to EUR 193 from EUR 222 |
| * Knorr Bremse AG KBX.DE: Citigroup cuts target price to EUR 92 from EUR 97 |
| * Knorr Bremse AG KBX.DE: Citigroup cuts to neutral from buy |
| * Knorr Bremse AG KBX.DE: JP Morgan cuts to neutral from overweight |
| * Kone Corporation KNEBV.HE: Deutsche Bank raises target price to EUR 53 from EUR 51 |
| * Kuehne & Nagel International AG KNIN.S: Barclays cuts PT to CHF 175 from CHF 185 |
| * Lanxess LXSG.DE: Deutsche Bank cuts target price to EUR 27 from EUR 28 |
| * Legrand LEGD.PA: Barclays raises target price to EUR 124 from EUR 112 |
| * Michelin MICP.PA: Citigroup cuts target price to EUR 37 from EUR 38 |
| * NATIONAL GRID PLC NG.L: BOFA global research raises price objective to 1240p from 1200p |
| * Next 15 Group Plc NFGN.L: Deutsche Bank cuts target price to 473p from 589p |
| * Novonesis NSISb.CO: Berenberg raises target price to DKK 530 from DKK 510 |
| * Ocado Group Plc OCDO.L: Morgan Stanley cuts target price to 210p from 230p |
| * Pantheon Resources Plc PANR.L: Canaccord Genuity cuts target price to 65p from 74p |
| * Pearson PSON.L: Exane BNP Paribas raises target price to 1300p |
| * Pearson PSON.L: Exane BNP Paribas raises to outperform from neutral |
| * Prosus N.V. PRX.AS: Barclays raises target price to EUR 67 from EUR 55.86 |
| * Randstad NV RAND.AS: Morgan Stanley raises target price to EUR 35 from EUR 34.5 |
| * Rightmove RMV.L: UBS raises target price to 944p from 803p |
| * Ryanair RYA.I: Jefferies raises target price to EUR 23.40 from EUR 21 |
| * Sap SE SAPG.DE: Berenberg raises target price to EUR 289 from EUR 280 |
| * Schindler Group SCHN.S: Deutsche Bank raises target price to CHF 294 from CHF 284 |
| * Shell Plc SHEL.L: Morgan Stanley raises target price to 2860p from 2027p |
| * Siemens Healthineers AG SHLG.DE: Barclays cuts target price to EUR 61 from EUR 62 |
| * Straumann Holding AG STMN.S: Barclays cuts target price to CHF 137 from CHF 140 |
| * Swedbank SWEDa.ST: Citigroup cuts target price to SEK 260 from SEK 262 |
| * Sydbank SYDB.CO: Danske Bank raises PT to DKK 515 from DKK 485; reiterates buy rating |
| * Synthomer Plc SYNTS.L: UBS raises target price to 110p from 100p |
| * Telenor TEL.OL: Citigroup raises target price to NOK 170 from NOK 156 |
| * Zealand pharma ZELA.CO: Berenberg cuts target price to DKK 850 from DKK 1050 |
