| * Alstom ALSO.PA: Kepler Cheuvreux cuts to hold from buy |
| * Alstom ALSO.PA: Kepler Cheuvreux raises target price to EUR 27.50 from EUR 24.50 |
| * Arkema SA AKE.PA: Morgan Stanley cuts PT to EUR 78 from EUR 90 |
| * ASML Holding NV ASML.AS: Bernstein raises target price to EUR 1,300 from EUR 800 |
| * ASML Holding NV ASML.AS: Bernstein raises to outperform from market perform |
| * AstraZeneca AZN.L: Goldman Sachs removes stock from its European conviction list |
| * Banca Monte Dei Paschi Di Siena BMPS.MI: Morgan Stanley initiates coverage with PT EUR 10.40 |
| * Banca Monte Dei Paschi Di Siena BMPS.MI: Morgan Stanley initiates coverage with equal weight rating |
| * Banco BPM BAMI.MI: Morgan Stanley cuts to underweight from equal weight |
| * Banco BPM BAMI.MI: Morgan Stanley raises target price to EUR 14 from EUR 13.30 |
| * BASF SE BASFn.DE: Morgan Stanley cuts target price to EUR 52 from EUR 54 |
| * Bayer AG BAYGn.DE: Goldman Sachs adds stock to its european conviction list |
| * BBVA BBVA.MC: Goldman Sachs adds stock to its European conviction list |
| * BESI BESI.AS: Bernstein cuts target price to EUR 165 from EUR 169 |
| * BPER EMII.MI: Morgan Stanley initiates coverage with price target EUR 13.90 |
| * BPER EMII.MI: Morgan Stanley initiates coverage with overweight rating |
| * Bridgepoint Group Plc BPTB.L: Citigroup raises target price to 415p from 395p |
| * Bunzl BNZL.L: Exane BNP Paribas cuts to neutral from outperform |
| * Canal+ SA CAN.L: BofA Global Research raises price objective to 400p from 370p |
| * Concurrent Technologies Plc CNCT.L: Stifel raises target price to 250p from 225p |
| * Continental AG CONG.DE: Bernstein raises target price to EUR 66 from EUR 50 |
| * Continental AG CONG.DE: Bernstein raises to market perform from underperform |
| * Capricorn Energy CNE.L: Canaccord Genuity raises target price to 410p from 360p |
| * DKSH Holding AG DKSH.S: Exane BNP Paribas raises to neutral from underperform |
| * Edenred EDEN.PA: Alphavalue cuts target price to EUR 29.90 from EUR 40.60 |
| * Elkem ASA ELK.OL: Morgan Stanley raises target price to NOK 26 from NOK 23 |
| * Ericsson ERICb.ST: Bernstein raises target price to SEK 73 from SEK 69 |
| * Eurofins Scientific SE EUFI.PA: Exane BNP Paribas ups PT to EUR 75 from EUR 51.50 |
| * Eurofins Scientific SE EUFI.PA: Exane BNP Paribas ups to outperform from underperform |
| * Evonik Industries AG EVKn.DE: Morgan Stanley cuts PT to EUR 14.70 from EUR 15 |
| * Evonik Industries AG EVKn.DE: Morgan Stanley ups to equal weight from underweight |
| * Grainger GRI.L: Peel Hunt cuts PT to 200p from 220p |
| * Haleon Plc HLN.L: Goldman Sachs adds stock to its european conviction list |
| * Hornbach Holding AG & Co KGaA HBH.DE: Baader Helvea cuts PT to EUR 96 from EUR 118 |
| * Hemnet HEM.ST: JP Morgan cuts target price to SEK 156 from SEK 159 |
| * ICG Plc ICGIN.L: Citigroup raises target price to 2,550p from 2,470p |
| * ING Groep NV INGA.AS: Goldman Sachs removes stock from its European conviction list |
| * Intertek ITRK.L: Exane BNP Paribas cuts to neutral from outperform |
| * Johnson Matthey JMAT.L: Berenberg raises target price to 2,550p from 2,050p |
| * Johnson Matthey JMAT.L: Berenberg raises to buy from hold |
| * Kering PRTP.PA: Bernstein raises target price to EUR 250 from EUR 240 |
| * Konecranes KCRA.HE: Goldman Sachs removes stock from its European conviction list |
| * Lanxess AG LXSG.DE: Morgan Stanley cuts target price to EUR 26 from EUR 34 |
| * Legrand LEGD.PA: Morgan Stanley cuts target price to EUR 138 from EUR 140 |
| * Michelin MICP.PA: Bernstein raises target price to EUR 38 from EUR 36 |
| * Morgan Sindall MGNS.L: BofA Global Research raises PT to 5,500p from 5,200p |
| * Munters MTRS.ST: Berenberg raises target price to SEK 175 from SEK 150 |
| * Next Plc NXT.L: Barclays raises target price to 13,400p from 12,000p |
| * NOBA Bank Group AB (Publ) NOBA.ST: UBS raises target price to SEK 130 from SEK 110 |
| * Partners Group Holding AG PGHN.S: Citigroup raises to buy from neutral |
| * Pirelli & C SpA PIRC.MI: Bernstein raises target price to EUR 7 from EUR 5.20 |
| * Pirelli & C SpA PIRC.MI: Bernstein raises to outperform from market perform |
| * Redeia REDE.MC: Barclays raises target price to EUR 15 from EUR 14 |
| * Redeia REDE.MC: Barclays raises to equal-weight from underweight |
| * Relx REL.L: BofA Global Research cuts price objective to 4,500p from 4,900p |
| * Rexel RXL.PA: Morgan Stanley cuts target price to EUR 37 from EUR 38 |
| * Saab SAABb.ST: BofA Global Research raises price objective to SEK 569 from SEK 565 |
| * Syensqo NV SYENS.BR: Morgan Stanley cuts target price to EUR 90 from EUR 94 |
| * Synthomer SYNTS.L: Morgan Stanley cuts target price to 104p from 110p |
| * Trelleborg TRELb.ST: Barclays cuts target price to SEK 440 from SEK 448 |
| * Unicredit CRDI.MI: Morgan Stanley raises target price to EUR 82.60 from EUR 76 |
| * Vestas VWS.CO: Goldman Sachs removes stock from its European conviction list |
| * Victrex Plc VCTX.L: Morgan Stanley cuts target price to 870p from 940p |
| * Vestas VWS.CO: Jefferies raises target price to DKK 200 from DKK 184 |
| * Yara YAR.OL: Berenberg raises target price to NOK 430 from NOK 387 |
| * Yubico AB YUBICO.ST: Berenberg cuts target price to SEK 95 from SEK 145 |
