| * Adecco Group AG ADEN.S: Jefferies raises target price to CHF 24 from CHF 18.50 |
| * Adecco Group AG ADEN.S: Jefferies raises to hold from underperform |
| * Amrize AG AMRZ.S: Bernstein raises target price to CHF 51 from CHF 50 |
| * Arbonia AG ARBNO.S: UBS raises target price to CHF 5.90 from CHF 5.60 |
| * Ashmore ASHM.L: Peel Hunt raises target price to 164p from 153p |
| * Ashtead Group Plc AHT.L: Jefferies cuts target price to 5700p from 5900p |
| * Ashtead Group Plc AHT.L: Jefferies cuts to hold from buy |
| * Associated British Foods ABF.L: Barclays cuts target price to 2,150p from 2,200p |
| * Associated British Foods ABF.L: UBS raises target price to 2,250p from 2,000p |
| * Athens International Airport SA AIAr.AT: Barclays cuts target price to EUR 10.05 from EUR 10.25 |
| * Avon Protection AVON.L: Jefferies raises target price to 2255p from 1745p |
| * B.Ca Monte Dei Paschi BMPS.MI: Deutsche Bank raises target price to EUR 11 from EUR 9.2 |
| * Biomerieux SA BIOX.PA: UBS raises target price to EUR 138 from EUR 132 |
| * Buzzi SpA BZU.MI: JP Morgan raises target price to EUR 54 from EUR 45 |
| * Buzzi SpA BZU.MI: JP Morgan raises to overweight from neutral |
| * Camurus AB CAMX.ST: Van Lanschot Kempen initiates coverage with target price SEK 950 |
| * Camurus AB CAMX.ST: Van Lanschot Kempen initiates coverage with buy rating |
| * Clas Ohlson AB CLASb.ST: Kepler Cheuvreux raises target price to SEK 320 from SEK 300 |
| * Coloplast COLOb.CO: Bernstein cuts target price to DKK 760 from DKK 790 |
| * Compass Group CPG.L: Deutsche Bank raises target price to 2,900p from 2,700p |
| * Compass Group CPG.L: Deutsche Bank raises to buy from hold |
| * Compass Group Plc CPG.L: Barclays raises target price to 3,155p from 3,000p |
| * De' Longhi SpA DLG.MI: Exane BNP Paribas raises target price to EUR 38 from EUR 32 |
| * De' Longhi SpA DLG.MI: Exane BNP Paribas raises to outperform from neutral |
| * Diploma Plc DPLM.L: Berenberg raises target price to 6350p from 5750p |
| * Diploma Plc DPLM.L: Jefferies raises target price to 5200p from 4500p |
| * Dormakaba DOKA.S: Barclays initiates coverage with target price CHF 880 |
| * Dormakaba DOKA.S: Barclays initiates coverage with overweight rating |
| * Dormakaba Holding AG DOKA.S: Barclays initiates coverage with target price CHF 880 |
| * Dormakaba Holding AG DOKA.S: Barclays initiates coverage with overweight rating |
| * Dowlais Group Plc DWL.L: Peel Hunt raises target price to 80p from 65p |
| * Edenred EDEN.PA: Deutsche Bank cuts target price to EUR 45 from EUR 49 |
| * Evonik Industries AG EVKn.DE: JP Morgan cuts target price to EUR 21.5 from EUR 22.4 |
| * Frontier Developments Plc FDEV.L: Berenberg raises target price to 450p from 330p |
| * Gamma Communications Plc GAMA.L: Barclays cuts target price to 1,700p from 1,800p |
| * Genmab A/S GMAB.CO: JP Morgan raises target price to DKK 1650 from DKK 1500 |
| * Halma PLC HLMA.L: Berenberg raises target price to 3750p from 3250p |
| * Harbour Energy Plc HBR.L: Peel Hunt raises target price to 250p from 230p |
| * Hays PLC HAYS.L: Jefferies cuts target price to 61p from 85p |
| * Hays PLC HAYS.L: Jefferies cuts to hold from buy |
| * Heidelberg Materials HEIG.DE: Bernstein raises target price to EUR 205 from EUR 185 |
| * Heidelberg Materials HEIG.DE: JP Morgan raises target price to EUR 235 from EUR 217 |
| * Hilton Food Group PLC HFG.L: Berenberg cuts target price to 1100p from 1120p |
| * Holcim AG HOLN.S: Bernstein raises target price to CHF 80 from CHF 70 |
| * Holcim AG HOLN.S: JP Morgan raises target price to CHF 75 from CHF 70 |
| * IHG IHG.L: Deutsche Bank raises target price to 8,050p from 7,900p |
| * IP Group Plc IPO.L: Berenberg cuts target price to 100p from 126p |
| * ISS A/S ISS.CO: Jefferies raises target price to DKK 240 from DKK 170 |
| * ISS A/S ISS.CO: Jefferies raises to buy from hold |
| * Italy'S Prysmian SpA PRY.MI: JP Morgan raises target price to EUR 86 from EUR 82 |
| * Melia MEL.MC: Deutsche Bank raises target price to EUR 9.5 from EUR 9 |
| * Moncler MONC.MI: Barclays cuts target price to EUR 55 from EUR 56 |
| * Ontex Group NV ONTEX.BR: Degroof Petercam target price EUR 8.7 |
| * Ontex Group NV ONTEX.BR: Degroof Petercam raises to 'buy' from 'under review' |
| * Ontex Group NV ONTEX.BR: Degroof Petercam cuts target price to EUR 8.7 from EUR 12 |
| * Oxford Nanopore Technologies Plc ONT.L: Deutsche Bank raises PT to 210p from 190p |
| * Pagegroup PAGE.L: Jefferies cuts target price to 255p from 275p |
| * Phoenix Group Plc PHNX.L: UBS raises target price to 670p from 630p |
| * Pluxee NV PLX.PA: Deutsche Bank cuts target price to EUR 33 from EUR 34 |
| * PPHE Hotel Group Ltd PPH.L: JP Morgan cuts target price to 1400p from 1500p |
| * Puig Brands PUIGb.MC: Barclays cuts target price to EUR 20.6 from EUR 21.3 |
| * RELX PLC REL.L: Morgan Stanley cuts target price to 3,980p from 4,410p |
| * Scandic SHOTE.ST: Deutsche Bank raises target price to SEK 79 from SEK 75 |
| * Securitas AB SECUb.ST: Jefferies raises target price to SEK 122 from SEK 118 |
| * Serco Group Plc SRP.L: Jefferies raises target price to 230p from 175p |
| * Serica Energy Plc SQZ.L: Stifel cuts target price to 215p from 224p |
| * Sika AG SIKA.S: JP Morgan raises to neutral from underweight |
| * Sodexo EXHO.PA: Deutsche Bank cuts target price to EUR 63 from EUR 69 |
| * Syensqo NV SYENS.BR: Jefferies raises target price to EUR 82 from EUR 80 |
| * THE Gym Group Plc GYM.L: Deutsche Bank raises target price to 200p from 195p |
