| * 1&1 AG 1U1.DE: Barclays cuts target price to EUR 17 from EUR 20 |
| * 3I Group Plc III.L: UBS cuts target price to 4200p from 4600p |
| * ABB ABBN.S: Morgan Stanley cuts target price to CHF 45 from CHF 47 |
| * Admiral ADML.L: Deutsche Bank raises target price to 3490p from 3100p |
| * Air France-KLM AIRF.PA: Citigroup raises target price to EUR 10.35 from EUR 9.50 |
| * Airbus AIR.PA: UBS raises target price to EUR 175 from EUR 140 |
| * Aker BP AKRBP.OL: Morgan Stanley cuts target price to NOK 230 from NOK 240 |
| * Alcon ALCC.S: Deutsche Bank raises target price to CHF 96 from CHF 92 |
| * Alfa Laval ALFA.ST: Morgan Stanley cuts target price to SEK 420 from SEK 425 |
| * Anglo American Plc AAL.L: Barclays raises target price to 3000p from 2820p |
| * BASF SE BASFN.DE: HSBC cuts target price to EUR 50 from EUR 53 |
| * Basler AG BSLG.DE: Berenberg raises target price to EUR 11 from EUR 8 |
| * Bechtle AG BC8G.DE: Berenberg cuts target price to EUR 38 from EUR 39 |
| * Bunzl BNZL.L: Barclays raises target price to 3650p from 3500p |
| * Bunzl BNZL.L: Barclays raises to overweight from equal weight |
| * Burberry Group BRBY.L: HSBC cuts target price to 1090p from 1200p |
| * Buzzi BZU.MI: Berenberg raises target price to EUR 47 from EUR 42 |
| * BVB BVB.DE: Berenberg cuts target price to EUR 5 from EUR 6 |
| * Cirata Plc CRTA.L: Stifel cuts target price to 53p from 93p |
| * Compagnie Financiere Richemont SA CFR.S: HSBC cuts target to CHF 199 from CHF 212 |
| * CTS Eventim AG & Co KGaA EVDG.DE: UBS cuts target price to EUR 116 from EUR 120 |
| * Deutsche Boerse DB1Gn.DE: Deutsche Bank raises target price to EUR 287 from EUR 267 |
| * Eiffage FOUG.PA: Jefferies raises target price to EUR 128 from EUR 119 |
| * Enel ENEI.MI: Barclays raises target price to EUR 8.5 from EUR 8.4 |
| * Euronext ENX.PA: Deutsche Bank raises target price to EUR 147 from EUR 131 |
| * Everplay Group Plc EVPL.L: Barclays raises target price to 320p from 310p |
| * Formycon AG FYB.DE: Berenberg cuts target price to EUR 32 from EUR 42 |
| * Gerresheimer AG GXIG.DE: Keybanc cuts to sector weight from ovrweight |
| * Harbour Energy Plc HBR.L: Morgan Stanley cuts target price to 290p from 345p |
| * Hermes HRMS.PA: Barclays cuts target price to EUR 2820 from EUR 2850 |
| * Hochtief AG HOTG.DE: Jefferies cuts to hold from buy |
| * Hochtief AG HOTG.DE: Jefferies raises target price to EUR 158 from EUR 156 |
| * IAG ICAG.L: Citigroup raises target price to 390p from 375p |
| * Intrum AB INTRUM.ST: UBS cuts target price to SEK 36 from SEK 38 |
| * Jungheinrich AG JUNG_p.DE: Berenberg raises target price to EUR 41 from EUR 39 |
| * Juventus Fc SpA JUVE.MI: Berenberg raises target price to EUR 3.50 from EUR 3.25 |
| * Kering PRTP.PA: HSBC cuts target price to EUR 205 from EUR 230 |
| * Kerry Group KYGa.I: UBS cuts target price to EUR 108 from EUR 109 |
| * Legrand LEGD.PA: Barclays cuts target price to EUR 123 from EUR 124 |
| * LVMH LVMH.PA: HSBC cuts target price to EUR 800 from EUR 845 |
| * Maurel et Prom MAUP.PA: Portzamparc cuts to "Hold" from "buy" |
| * Maurel et Prom MAUP.PA: Portzamparc cuts target price to EUR 5.2 from EUR 7.6 |
| * Medmix AG MEDX.S: UBS cuts target price to CHF 18 from CHF 25 |
| * Moncler MONC.MI: HSBC cuts target price to EUR 71 from EUR 75 |
| * Moncler MONC.MI: Stifel cuts target price to EUR 62 from EUR 63 |
| * Next Plc NXT.L: Jefferies raises target price to 13,000p from 11,800p |
| * Northern Data AG NB2.DE: Berenberg cuts target price to EUR 43 from EUR 50 |
| * One Savings Bank OSBO.L: Deutsche Bank raises target price to 620p from 510p |
| * Pernod Ricard PERP.PA: UBS cuts target price to EUR 101 from EUR 114 |
| * Pernod-Ricard SA PERP.PA: Barclays cuts target price to EUR 98 from EUR 102 |
| * Pets at Home PETSP.L: Peel Hunt cuts target price to 300p from 325p |
| * Phoenix PHNX.L: RBC raises target price to 725p from 615p |
| * Prudential PRU.L: UBS cuts target price to 1220p from 1270p |
| * Raspberry PI RPI.L: Deutsche Bank initiates coverage with hold rating and target 460p |
| * Rational AG RAAG.DE: UBS cuts target price to EUR 870 from EUR 910 |
| * RWE AG RWEG.DE: Morgan Stanley cuts target price to EUR 44 from EUR 46 |
| * Safran SA SAF.PA: UBS raises target price to EUR 265 from EUR 235 |
| * Sage Group SGE.L: Jefferies cuts target price to 1,500p from 1,600p |
| * Schneider Electric SCHN.PA: Barclays cuts target price to EUR 276 from EUR 300 |
| * Scor SCOR.PA: UBS cuts to neutral from buy |
| * SMA Solar S92G.DE: Jefferies cuts to hold from buy |
| * Snam SRG.MI: Barclays raises target price to EUR 5.4 from EUR 5.2 |
| * SSE SSE.L: Morgan Stanley cuts target price to 2000p from 2200p |
| * Swatch UHR.S: HSBC cuts target price to CHF 150 from CHF 180 |
| * Swedish Orphan Biovitrum SOBIV.ST: RBC cuts target price to SEK 380 from SEK 405 |
| * Swiss Life Holding AG SLHN.S: Citigroup raises target price to CHF 775 from CHF 688 |
| * Symrise SY1G.DE: Barclays cuts target price to EUR 110 from EUR 115 |
| * Symrise SY1G.DE: UBS cuts target price to EUR 121 from EUR 128 |
| * SYS-DAT SpA SYSD.MI: Stifel initiates coverage with buy rating; target price EUR 8 |
| * Tesco Plc TSCO.L: Morgan Stanley cuts target price to 400p from 432p |
| * ThyssenKrupp TKAG.DE: Kepler Cheuvreux raises to buy from hold |
| * ThyssenKrupp TKAG.DE: Kepler Cheuvreux raises target price to EUR 12.4 from EUR 5.6 |
| * Trelleborg TRELb.ST: Barclays cuts target price to SEK 460 from SEK 482 |
| * United Internet UTDI.DE: Barclays cuts target price to EUR 24 from EUR 26 |
| * Var Energi VAR.OL: Morgan Stanley cuts target price to NOK 41 from NOK 44 |
| * Vinci SGEF.PA: Jefferies raises target price to EUR 141 from EUR 135 |
| * Vossloh VOSG.DE: Deutsche Bank raises target price to EUR 73 from EUR 59 |
| * Yara YAR.OL: Berenberg raises target price to NOK 370 from NOK 334 |
