| * Accor SA ACCP.PA: Morgan Stanley cuts target price to EUR 52 from EUR 55 |
| * Adecco Group AG ADEN.S: Goldman Sachs raises to buy from neutral |
| * Adyen NV ADYEN.AS: HSBC cuts target price to EUR 2,000 from EUR 2,100 |
| * ASM International N.V. ASMI.AS: Barclays cuts target price to EUR 630 from EUR 640 |
| * Aston Martin AML.L: HSBC cuts target price to 79p from 110p |
| * Athens International Airport AIAr.AT: UBS initiates coverage with buy rating and PT EUR 10.3 |
| * Auction Technology Group Plc ATG.L: Deutsche Bank raises PT to 910p from 870p |
| * Auto1 Group SE AG1G.DE: JP Morgan raises target price to EUR 29 from EUR 28 |
| * Ayvens AYV.PA: Deutsche Bank raises target price to EUR 10 from EUR 9.55 |
| * B&M BMEB.L: Citigroup cuts target price to 456p from 485p |
| * Beiersdorf AG BEIG.DE: Stifel cuts target price to EUR 145 from EUR 148 |
| * Billerud AB (Publ) BILL.ST: Jefferies cuts target price to SEK 128 from SEK 129 |
| * Burberry BRBY.L: RBC cuts target price to 1200p from 1300p |
| * Cegedim CGDM.PA: Portzamparc cuts target price to EUR 14 from EUR 14.1; rating "hold" |
| * Clariant CLN.S: Barclays cuts target price to CHF 12.4 from CHF 15.8 |
| * Coca-Cola Hellenic CCH.L: UBS raises target price to 3,900p from 3,830p |
| * Computacenter CCC.L: HSBC raises target price to 3035p from 2750p |
| * Endesa ELE.MC: JP Morgan raises target price to EUR 27.5 from EUR 23.5 |
| * Endesa SA ELE.MC: Morgan Stanley raises target price to EUR 22.5 from EUR 20.5 |
| * Erg SpA ERG.MI: Morgan Stanley cuts target price to EUR 20 from EUR 22 |
| * Everplay Group Plc EVPL.L: RBC raises target price to 365p from 360p |
| * Eviso EVS.MI: Midcap Partners cuts to "hold" from "buy"; raises PT to EUR 10.80 from EUR 9.20 |
| * Ferrari RACE.MI: Barclays raises to overweight from equal weight |
| * Ferrari RACE.MI: Kepler Cheuvreux raises to buy from hold |
| * H&M HMb.ST: Barclays cuts target price to SEK 140 from SEK 145 |
| * H&M HMb.ST: Bernstein cuts target price to SEK 110 from SEK 120 |
| * H&M HMb.ST: Deutsche Bank cuts target price to SEK 135 from SEK 160 |
| * H&M HMb.ST: JP Morgan cuts target price to SEK 125 from SEK 130 |
| * Heidelberg Materials HEIG.DE: UBS raises target price to EUR 173 from EUR 155 |
| * Hexaom ALHEX.PA: Midcap Partners raises target price to EUR 33 from EUR 32; rating "buy" |
| * Hexaom ALHEX.PA: Portzamparc cuts target price to EUR 40.5 from EUR 42.5; rating "buy" |
| * Huhtamaki HUH1V.HE: Jefferies cuts target price to EUR 40 from EUR 45 |
| * Imperial Brands IMB.L: Deutsche Bank raises target price to 3,250p from 2,850p |
| * Intercontinental Hotels Group IHG.L: Morgan Stanley cuts PT to 8600p from 9600p |
| * Ipsen SA IPN.PA: Morgan Stanley cuts target price to EUR 110 from EUR 120 |
| * Jenoptik JENGn.DE: Deutsche Bank cuts target price to EUR 26 from EUR 39 |
| * Jenoptik JENGn.DE: Deutsche Bank cuts to hold from buy |
| * Johnson Matthey Plc JMAT.L: Deutsche Bank cuts target price to 2,100p from 2,200p |
| * Jungheinrich JUNG_p.DE: Barclays raises target price to EUR 45 from EUR 43 |
| * Kering PRTP.PA: RBC cuts target price to EUR 240 from EUR 260 |
| * Kingfisher KGF.L: Jefferies cuts target price to 274p from 280p |
| * Kone Oyj KNEBV.HE: Jefferies cuts to hold from buy |
| * LVMH LVMH.PA: RBC cuts target price to EUR 750 from EUR 780 |
| * Michelin MICP.PA: HSBC raises target price to EUR 38 from EUR 36 |
| * Michelin MICP.PA: HSBC raises to buy from hold |
| * Next NXT.L: Berenberg raises target price to 13,400p from 12,600p |
| * Next NXT.L: Deutsche Bank raises target price to 10,800p from 9,700p |
| * Next NXT.L: UBS raises target price to 12,300p from 11,700p |
| * Nokia NOKIA.HE: Barclays raises target price to EUR 4.9 from EUR 4 |
| * Nordic Semiconductor ASA NOD.OL: Barclays raises PT to NOK 130 from NOK 125 |
| * Novo Nordisk NOVOb.CO: BofA Global Research cuts PT to DKK 910 from DKK 1075 |
| * Novonesis NSISb.CO: Barclays cuts target price to DKK 490 from DKK 500 |
| * Novonesis NSISb.CO: UBS cuts target price to DKK 445 from DKK 465 |
| * Raspberry PI Holdings Plc RPI.L: Peel Hunt raises target price to 565p from 439p |
| * Rational RAAG.DE: Barclays cuts target price to EUR 890 from EUR 915 |
| * Rentokil RTO.L: Peel Hunt cuts target price to 366p from 367p |
| * Rexel SA RXL.PA: Barclays raises target price to EUR 30 from EUR 28 |
| * RWE RWEG.DE: UBS cuts target price to EUR 42 from EUR 46 |
| * Ryanair RYA.I: Jefferies raises target price to EUR 21 from EUR 18.20 |
| * Safran SAF.PA: Bernstein raises target price to EUR 289 from EUR 277 |
| * Scandic Hotels Group AB SHOTE.ST: Morgan Stanley cuts PT to SEK 81 from SEK 83 |
| * Schindler Holding AG SCHP.S: Jefferies raises target price to CHF 311 from CHF 285 |
| * Siemens Healthineers AG SHLG.DE: Barclays cuts target price to EUR 65 from EUR 66 |
| * Soitec SOIT.PA: Barclays cuts target price to EUR 60 from EUR 75 |
| * Spie SA SPIE.PA: Bernstein raises target price to EUR 48 from EUR 47 |
| * Suss Microtec SMHNn.DE: Deutsche Bank cuts target price to EUR 52 from EUR 70 |
| * Suss Microtec SMHNn.DE: UBS cuts target price to EUR 35.80 from EUR 39.10 |
| * Suss Microtec SE SMHNn.DE: Jefferies cuts target price to EUR 38 from EUR 48 |
| * Walmex WALMEX.MX: HSBC cuts target price to mxn 70 from mxn 73 |
| * Whitbread WTB.L: Morgan Stanley cuts target price to 3400p from 3800p |
| * Wizz Air WIZZ.L: RBC raises target price to 2400p from 2300p |
| * Xilam XIL.PA: Midcap Partners raises PT to EUR 3.30 from EUR 3; rating "hold" |
