| * ACS ACS.MC: Deutsche Bank initiates coverage with hold rating |
| * ACS ACS.MC: Deutsche Bank initiates coverage with target price EUR 86.70 |
| * ADP ADP.PA: Barclays cuts target price to EUR 124 from EUR 125 |
| * Aena AENA.MC: Barclays raises target price to EUR 25 from EUR 24 |
| * Ageas SA AGES.BR: JP Morgan raises target price to EUR 67 from EUR 63 |
| * Airbus SE AIR.PA: Citigroup raises target price to EUR 208 from EUR 207 |
| * Alk-Abello A/S ALKb.CO: Jefferies raises target price to DKK 255 from DKK 185 |
| * Antofagasta ANTO.L: Morgan Stanley cuts target price to 3050p from 3070p |
| * Antofagasta ANTO.L: Morgan Stanley cuts to underweight from equal weight |
| * Athens International Airport SA AIAR.AT: Barclays cuts to underweight from equal-weight |
| * Athens International Airport SA AIAr.AT: Barclays raises target price to EUR 10.1 from EUR 10 |
| * Aurubis AG NAFG.DE: Morgan Stanley raises target price to EUR 124.5 from EUR 104 |
| * Avanza Bank AVANZ.ST: Exane BNP Paribas cuts to underperform from neutral |
| * Beijer Ref BEIJb.ST: Berenberg cuts target price to SEK 175 from SEK 180 |
| * BFF Banking Group BFF.MI: Kepler Cheuvreux reinstates coverage with price target EUR 5 |
| * BFF Banking Group BFF.MI: Kepler Cheuvreux reinstates coverage with hold rating |
| * BMW BMWG.DE: Morgan Stanley raises target price to EUR 106 from EUR 85 |
| * Cab Payments Holdings Plc CABP.L: Peel Hunt raises target price to 75p from 50p |
| * Centrica CNA.L: RBC raises target price to 215p from 200p |
| * Consti Oyj CONSTI.HE: Evli Research cuts to accumulate from buy |
| * Consti Oyj CONSTI.HE: Evli Research raises target price to EUR 12.5 from EUR 11.5 |
| * Continental AG CONG.DE: Citigroup raises target price to EUR 78 from EUR 75 |
| * Cosmo Pharmaceuticals NV COPN.S: Jefferies raises target price to CHF 150 from CHF 82 |
| * Daimler Truck Holding AG DTGGe.DE: BofA Global Research raises PT to EUR 50 from EUR 43 |
| * DEME DEME.BR: Jefferies raises target price to EUR 200 from EUR 175 |
| * Deutsche Bank AG DBKGn.DE: Alphavalue raises to add from reduce |
| * Douglas AG DOUn.DE: BofA Global Research raises price objective to EUR 14.8 from EUR 12.5 |
| * Douglas AG DOUn.DE: BofA Global Research raises to buy from neutral |
| * DR ING HC F Porsche AG P911_p.DE: Morgan Stanley raises target price to EUR 41 from EUR 38 |
| * Elis SA ELIS.PA: Berenberg raises target price to EUR 31 from EUR 29 |
| * Erste Group Bank AG ERST.VI: Barclays raises target price to EUR 118 from EUR 106 |
| * Evotec SE EVTG.DE: Berenberg initiates coverage with target price EUR 10 |
| * Evotec SE EVTG.DE: Berenberg initiates coverage with buy rating |
| * Exosens Sas EXENS.PA: Stifel raises target price to EUR 60 from EUR 47 |
| * Fraport FRAG.DE: Barclays raises target price to EUR 90.5 from EUR 90 |
| * Galp GALP.LS: RBC cuts target price to EUR 18 from EUR 19 |
| * Givaudan SA GIVN.S: Morgan Stanley cuts target price to CHF 3000 from CHF 3200 |
| * Hemnet HEM.ST: Morgan Stanley cuts target price to SEK 185 from SEK 205 |
| * Hemnet Group AB HEM.ST: UBS cuts target price to SEK 140 from SEK 155 |
| * Hensoldt AG HAGG.DE: Barclays raises target price to EUR 97 from EUR 90 |
| * Hexpol HPOLb.ST: Berenberg cuts target price to SEK 74 from SEK 95 |
| * ING INGA.AS: Deutsche Bank raises target price to EUR 28 from EUR 25 |
| * ING INGA.AS: Deutsche Bank raises to buy from hold |
| * Intesa Sanpaolo ISP.MI: Barclays raises target price to EUR 7 from EUR 6.6 |
| * JD Sports Fashion Plc JD.L: Deutsche Bank cuts target price to 85p from 95p |
| * Julius Baer Gruppe AG BAER.S: RBC raises target price to CHF 70 from CHF 67.5 |
| * KWS Saat SE & Co KGaA KWSG.DE: Baader Helvea raises target price to EUR 78 from EUR 73 |
| * Leonardo LDOF.MI: Barclays raises target price to EUR 53 from EUR 52 |
| * Lloyds Banking Group LLOY.L: Deutsche Bank raises target price to 125p from 110p |
| * Lonza Group AG LONN.S: Jefferies raises target price to CHF 769 from CHF 764 |
| * L'Oreal OREP.PA: Morgan Stanley cuts target price to EUR 367 from EUR 372 |
| * LVMH LVMH.PA: HSBC cuts target price to EUR 700 from EUR 775 |
| * Mercedes-Benz Group AG MBGn.DE: Morgan Stanley raises target price to EUR 73 from EUR 64 |
| * Merck KGaA MRCG.DE: Deutsche Bank cuts to hold from buy |
| * Merck KGaA MRCG.DE: Deutsche Bank raises target price to EUR 132 from EUR 127 |
| * Nlb Group NLBq.L: Deutsche Bank raises target price to 44p from 38p |
| * Nokia NOKIA.HE: Deutsche Bank cuts target price to EUR 6.5 from EUR 6.75 |
| * Nordea NDAFI.HE: Barclays raises target price to EUR 13.6 from EUR 13.5 |
| * Nordea NDAFI.HE: Jefferies raises target price to EUR 19 from EUR 17.8 |
| * Nordnet SAVE.ST: Exane BNP Paribas raises to neutral from underperform |
| * Pandora PNDORA.CO: Jefferies cuts target price to DKK 530 from DKK 850 |
| * Pandora PNDORA.CO: Jefferies cuts to hold from buy |
| * Pennon Group Plc PNN.L: Bernstein raises target price to 600p from 550p |
| * Poste Italiane PST.MI: Berenberg raises target price to EUR 26.4 from EUR 22.6 |
| * Prudential PRU.L: UBS raises target price to 1400p from 1385p |
| * Raiffeisen Bank Intl RBIV.VI: Barclays raises PT to EUR 39 from EUR 36 |
| * Raiffeisen Bank Intl RBIV.VI: Deutsche Bank raises target price to EUR 35 from EUR 32 |
| * Raiffeisen Bank Intl RBIV.VI: UBS raises target price to EUR 47 from EUR 46 |
| * Recordati RECI.MI: Kepler Cheuvreux raises target price to EUR 57.5 from EUR 55.5 |
| * Recordati RECI.MI: Kepler Cheuvreux raises to buy from hold |
| * Renault RENA.PA: Morgan Stanley cuts target price to EUR 33 from EUR 47 |
| * Renault RENA.PA: Morgan Stanley cuts to underweight from equal weight |
| * Repsol REP.MC: JP Morgan cuts to neutral from overweight |
| * Roche Holding AG ROG.S: Alphavalue raises target price to CHF 392 from CHF 361 |
| * Sandvik AB SAND.ST: Alphavalue raises to add from reduce |
| * SAP SE SAPG.DE: Alphavalue cuts target price to EUR 190 from EUR 211 |
| * Scandic Hotels Group AB SHOTE.ST: UBS cuts target price to SEK 100 from SEK 101 |
| * Schaeffler SHA0n.DE: UBS cuts to sell from neutral |
| * Schaeffler SHA0n.DE: UBS raises target price to EUR 8.3 from EUR 6.2 |
| * Severn Trent SVT.L: Bernstein raises target price to 3370p from 3200p |
| * Sfc Energy F3CG.DE: Deutsche Bank cuts target price to EUR 16.4 from EUR 20 |
| * Signify LIGHT.AS: Barclays cuts target price to EUR 14.7 from EUR 16.7 |
| * Skandinaviska Enskilda Banken SEBa.ST: Barclays cuts target price to SEK 200 from SEK 206 |
| * Stellantis NV STLA.N: Morgan Stanley cuts to equal-weight from overweight |
| * Stellantis NV STLA.N: Morgan Stanley raises target price to EUR 10.9 from EUR 9.6 |
| * Stellantis NV STLAM.MI: Morgan Stanley cuts to equal-weight from overweight |
| * Stellantis NV STLAM.MI: Morgan Stanley raises target price to EUR 9.2 from EUR 8.5 |
| * STMicroelectronics STMPA.PA: HSBC raises target price to EUR 29 from EUR 28 |
| * ThyssenKrupp TKAG.DE: Deutsche Bank raises target price to EUR 11 from EUR 10 |
| * Traton SE 8TRA.DE: BofA Global Research raises price objective to EUR 30 from EUR 25 |
| * Trustpilot Group Plc TRST.L: BofA Global Research raises price objective to 272p from 230p |
| * United Utilities UU.L: Bernstein raises target price to 1420p from 1360p |
| * Volkswagen AG VOWG_p.DE: Morgan Stanley raises target price to EUR 115 from EUR 94 |
| * Volvo VOLVb.ST: BofA Global Research raises price objective to SEK 370 from SEK 330 |
| * Wizz Air WIZZ.L: Peel Hunt raises target price to 1450p from 1150p |
| * Zurich Airport FHZN.S: Barclays cuts target price to CHF 245 from CHF 262 |
| * Zurich Airport FHZN.S: Barclays cuts to equal-weight from overweight |
