| * Adyen NV ADYEN.AS: Monness Crespi Hardt raises target price to EUR 1,600 from EUR 1,500 |
| * Aegon NV AEGN.AS: Deutsche Bank cuts target price to EUR 6.3 from EUR 6.4 |
| * Air Liquide AIRP.PA: JP Morgan cuts target price to EUR 190 from EUR 195 |
| * Air Liquide AIRP.PA: JP Morgan cuts to neutral from overweight |
| * Anglo American Plc AAL.L: HSBC cuts target price to 2050p from 2100p |
| * Ashtead Group Plc AHT.L: RBC cuts target price to 4,125p from 6,750p |
| * Ashtead Group Plc AHT.L: RBC cuts to sector perform from outperform |
| * Avolta AG AVOL.S: JP Morgan cuts target price to CHF 50 from CHF 52 |
| * Azelis AZE.BR: Deutsche Bank cuts target price to EUR 14.8 from EUR 20.4 |
| * Baloise Holding AG BALN.S: Exane BNP Paribas raises to outperform from underperform |
| * Bkw AG BKWB.S: Kepler Cheuvreux initiates coverage with buy rating; PT CHF 190 |
| * Bluenord ASA BNOR.OL: Stifel initiates coverage with buy rating; price target NOK 681 |
| * BP BP.L: RBC cuts target price to 450p from 480p |
| * Capgemini CAPP.PA: Jefferies cuts target price to EUR 145 from EUR 150 |
| * Deliveroo ROO.L: Morgan Stanley cuts to equal weight from overweight |
| * Deliveroo ROO.L: Morgan Stanley raises target price to 180p from 140p |
| * Deutsche Boerse AG DB1Gn.DE: Kepler Cheuvreux cuts to hold from buy |
| * Deutz DEZG.DE: HSBC raises target price to EUR 8.2 from EUR 6.1 |
| * Dowlais Group Plc DWL.L: Peel Hunt cuts target price to 65p from 85p |
| * DR ING HC F Porsche AG P911_p.DE: JP Morgan cuts target price to EUR 64 from EUR 78 |
| * E.ON EONGn.DE: UBS cuts target price to EUR 15.5 from EUR 16 |
| * E.ON EONGn.DE: UBS cuts to neutral from buy |
| * Endesa ELE.MC: UBS raises target price to EUR 25.2 from EUR 21.4 |
| * Essity ESSITYb.ST: Barclays raises target price to SEK 290 from SEK 281 |
| * Fdj United FDJU.PA: Deutsche Bank cuts target price to EUR 36 from EUR 42 |
| * Galderma Group AG GALD.S: Berenberg cuts target price to CHF 112.7 from CHF 117.1 |
| * Gecina SA GFCP.PA: Goldman Sachs cuts target price to EUR 101.3 from EUR 109.7 |
| * Gecina SA GFCP.PA: Goldman Sachs cuts to neutral from buy |
| * Glencore Plc GLEN.L: HSBC cuts target price to 310p from 365p |
| * Halma HLMA.L: Jefferies cuts target price to 2,140.00p from 2,200.00p |
| * Hammerson HMSO.L: Barclays cuts target price to 245p from 295p |
| * Hammerson HMSO.L: Barclays cuts to underweight from equal-weight |
| * Helvetia Holding AG HELN.S: Exane BNP Paribas raises to outperform from neutral |
| * HSBC HSBA.L: BofA Global Research cuts price objective to 960p from 1035p |
| * HSBC HSBA.L: Morgan Stanley cuts target price to 802p from 836p |
| * Imcd IMCD.AS: Deutsche Bank cuts target price to EUR 130 from EUR 135 |
| * Imcd NV IMCD.AS: Berenberg raises target price to EUR 155 from EUR 152 |
| * Italy'S Prysmian PRY.MI: Berenberg cuts target price to EUR 75 from EUR 76 |
| * Jupiter Fund Management Plc JUP.L: Morgan Stanley cuts target price to 57p from 58p |
| * Kemira Oyj KEMIRA.HE: Berenberg cuts target price to EUR 24.4 from EUR 27.5 |
| * Kemira Oyj KEMIRA.HE: HSBC cuts target price to EUR 19 from EUR 22 |
| * Klepierre LOIM.PA: Barclays raises target price to EUR 34 from EUR 31 |
| * KPN KPN.AS: UBS raises target price to EUR 3.84 from EUR 3.49 |
| * Kuehne Und Nagel International AG KNIN.S: Bernstein cuts target to CHF 190 from CHF 200 |
| * Lagardere LAGA.PA: Bernstein cuts target price to EUR 23.5 from EUR 24 |
| * LVMH LVMH.PA: Exane BNP Paribas cuts to neutral from outperform |
| * MTU Aero Engines AG MTXGn.DE: Jefferies cuts target price to EUR 400 from EUR 430 |
| * National Grid NG.L: UBS cuts target price to 1150p from 1160p |
| * National Grid NG.L: UBS cuts to neutral from buy |
| * NN Group NV NN.AS: HSBC raises target price to EUR 61 from EUR 54 |
| * Orange SA ORAN.PA: JP Morgan raises target price to EUR 16.2 from EUR 15.9 |
| * Puig Brands PUIGb.MC: Barclays cuts target price to EUR 22.6 from EUR 22.9 |
| * Rheinmetall AG RHMG.DE: Jefferies raises target price to EUR 1,700 from EUR 1,540 |
| * Schneider Electric SCHN.PA: Barclays cuts target price to EUR 239 from EUR 245 |
| * Schneider Electric SCHN.PA: Bernstein cuts target price to EUR 290 from EUR 300 |
| * Schneider Electric SCHN.PA: Deutsche Bank cuts target price to EUR 220 from EUR 225 |
| * Schneider Electric SCHN.PA: Morgan Stanley cuts target price to EUR 218 from EUR 240 |
| * Schweiter Technologies SWTQ.S: UBS cuts target price to CHF 350 from CHF 410 |
| * Siemens Energy ENR1n.DE: Barclays raises target price to EUR 47 from EUR 40 |
| * Signify LIGHT.AS: Barclays cuts target price to EUR 15 from EUR 17 |
| * Skanska AB SKAb.ST: Jefferies cuts target price to SEK 245 from SEK 259 |
| * Snam SRG.MI: UBS raises target price to EUR 5.15 from EUR 4.75 |
| * Symrise AG SY1G.DE: Jefferies cuts target price to EUR 100 from EUR 104 |
| * Telefonica SA TEF.MC: Barclays cuts target price to EUR 4.5 from EUR 4.7 |
| * Traton 8TRA.DE: Deutsche Bank raises target price to EUR 35 from EUR 34 |
| * Traton SE 8TRA.DE: UBS cuts target price to EUR 40 from EUR 41 |
| * Unicaja Banco UNI.MC: UBS raises target price to EUR 1.65 from EUR 1.52 |
| * Unicaja Banco SA UNI.MC: Barclays raises target price to EUR 1.7 from EUR 1.6 |
| * Unicaja Banco SA UNI.MC: Morgan Stanley raises target price to EUR 1.55 from EUR 1.45 |
| * Unite Group UTG.L: Kepler Cheuvreux initiates coverage with reduce rating; PT 820p |
| * United Utilities UU.L: UBS cuts target price to 1150p from 1195p |
| * United Utilities UU.L: UBS cuts to neutral from buy |
| * Verallia VRLA.PA: UBS cuts target price to EUR 30 from EUR 35.5 |
| * Verallia VRLA.PA: UBS cuts to neutral from buy |
| * Vestas VWS.CO: Barclays cuts target price to DKK 60 from DKK 75 |
| * Vivendi VIV.PA: UBS raises target price to EUR 3.2 from EUR 2.8 |
| * Wendel MWDP.PA: Kepler Cheuvreux cuts to hold from buy; cuts PT to EUR 94 from EUR 107 |
| * Worldline SA WLN.PA: Citigroup cuts target price to EUR 8 from EUR 10 |
| * Yara YAR.OL: Berenberg raises target price to NOK 375 from NOK 370 |
| * Yara YAR.OL: Morgan Stanley raises target price to NOK 380 from NOK 365 |
| * Yara International ASA YAR.OL: Deutsche Bank raises target to NOK 370 from NOK 357 |
| * Zurich Insurance Group ZURN.S: Deutsche Bank raises target to CHF 560 from CHF 545 |
