| * Accelleron ACLN.S: Deutsche Bank raises target price to CHF 74 from CHF 62 |
| * Admiral ADML.L: RBC raises raises target price to 3560p from 3100p |
| * Admiral ADML.L: RBC raises to outperform from sector perform |
| * Air France-KLM AIRF.PA: Citigroup cuts target price to EUR 10.2 from EUR 13.2 |
| * Alfa Laval AB ALFA.ST: Barclays raises target price to SEK 565 from SEK 550 |
| * Allianz SE ALVG.DE: Berenberg raises target price to EUR 504 from EUR 459 |
| * Bachem Holding AG BANB.S: UBS raises target price to CHF 80 from CHF 78 |
| * Bank Pekao S.A. PEO.WA: Morgan Stanley initiates coverage with and PT PLN 265 |
| * Bank Pekao S.A. PEO.WA: Morgan Stanley initiates coverage with equal weight rating |
| * Bank PKO BP PKO.WA: Morgan Stanley initiates coverage with overweight rating and PT PLN 114 |
| * Beiersdorf AG BEIG.DE: Kepler Cheuvreux cuts target price to EUR 85 from EUR 100 |
| * Bellway Plc BWY.L: Kepler Cheuvreux raises target price to 3300p from 3100p |
| * Bff Bank BFF.MI: Deutsche Bank cuts target price to EUR 4 from EUR 6.2 |
| * Bkw AG BKWB.S: UBS cuts target price to CHF 155 from CHF 166 |
| * BMW BMWG.DE: Deutsche Bank cuts target price to EUR 100 from EUR 104 |
| * BMW BMWG.DE: UBS cuts target price to EUR 90 from EUR 93 |
| * BP BP.L: BofA Global Research raises price objective to 400p from 370p |
| * Bpost BPOST.BR: Barclays cuts target price to EUR 1.95 from EUR 2 |
| * Bridgepoint Group BPTB.L: Deutsche Bank raises target price to 360p from 345p |
| * Capita Plc CPI.L: Deutsche Bank cuts target price to 300p from 405p |
| * Capita Plc CPI.L: Deutsche Bank cuts to hold from buy |
| * Centrica CNA.L: Barclays raises target price to 250p from 218p |
| * CLS Holdings Plc CLSH.L: Peel Hunt cuts target price to 60p from 70 |
| * CSG CSG.AS: Deutsche Bank initiates coverage with buy rating and target price EUR 35 |
| * Cvc Capital Partners Plc CVC.AS: UBS cuts target price to EUR 12.5 from EUR 16 |
| * Deutsche Lufthansa AG LHAG.DE: Citigroup cuts target price to EUR 8.1 from EUR 8.3 |
| * D'Ieteren IETB.BR: KBC Securities raises PT to EUR 245 from EUR 220; rating 'buy' |
| * Draegerwerk DRWG.DE: Kepler Cheuvreux raises target price to EUR 110 from EUR 89 |
| * EasyJet EZJ.L: Citigroup cuts target price to 540p from 600p |
| * EDAG ED4.DE: Deutsche Bank cuts target price to EUR 5 from EUR 7.5 |
| * Elekta EKTAb.ST: Deutsche Bank raises target price to SEK 60 from SEK 49 |
| * Equinor EQNR.OL: BofA Global Research raises price objective to NOK 345 from NOK 260 |
| * Geberit GEBN.S: Barclays cuts target price to CHF 540 from CHF 560 |
| * Geberit AG GEBN.S: Berenberg cuts target price to CHF 650 from CHF 673 |
| * Geberit AG GEBN.S: Jefferies cuts target price to CHF 687 from CHF 701 |
| * Getlink GETP.PA: UBS raises target price to EUR 17.5 from EUR 16.8 |
| * Greggs GRG.L: Berenberg cuts target price to 2090p from 2170p |
| * Halma HLMA.L: Peel Hunt raises target price to 4200p from 4100p |
| * Hannover Rueck SE HNRGn.DE: Berenberg raises target price to EUR 330 from EUR 312 |
| * Hapag-Lloyd AG HLAG.DE: Kepler Cheuvreux raises target price to EUR 149 from EUR 111 |
| * Hapag-Lloyd AG HLAG.DE: Kepler Cheuvreux raises to hold from reduce |
| * Huber+Suhner AG HUBN.S: Berenberg raises target price to CHF 200 from CHF 172 |
| * IAG ICAG.L: Citigroup cuts target price to 610p from 670p |
| * ICG Plc ICGIN.L: Berenberg raises target price to 2800p from 2600p |
| * ID LOGISTICS: TP ICAP Midcap cuts target price to EUR 468 from EUR 487; rating 'buy' |
| * ID Logistics Sas IDLA.PA: Kepler Cheuvreux cuts target price to EUR 460 from EUR 475 |
| * Interroll Holding AG INRN.S: Jefferies cuts target price to CHF 2400 from CHF 2600 |
| * Informa Plc INF.L: Barclays cuts target price to 1040p from 1120p |
| * Jc Decaux SA JCDX.PA: Barclays raises target price to EUR 26 from EUR 24 |
| * Kardex KARN.S: UBS raises target price to CHF 360 from CHF 355 |
| * Kardex Holding AG KARN.S: Jefferies cuts target price to CHF 330 from CHF 360 |
| * Maersk MAERSKb.CO: Kepler Cheuvreux raises target price to DKK 17952 from DKK 16185 |
| * Merck KGaA MRCG.DE: Kepler Cheuvreux cuts target price to EUR 152 from EUR 182 |
| * Neste Oyj NESTE.HE: BofA Global raises price objective to EUR 24 from EUR 22 |
| * Neste Oyj NESTE.HE: BofA Global Research cuts to underperform from neutral |
| * Persimmon Plc PSN.L: Morgan Stanley raises target price to 1610p from 1600p |
| * PKO Bank Polski SA PKO.WA: Barclays raises target price to PLN 88 from PLN 87 |
| * Pluxee PLX.PA: Deutsche Bank cuts target price to EUR 15 from EUR 23 |
| * Rheinmetall AG RHMG.DE: Kepler Cheuvreux raises PT to EUR 2290 from EUR 2270 |
| * Sabre Insurance Group Plc SBRE.L: Jefferies raises target price to 152p from 110p |
| * Sabre Insurance Group Plc SBRE.L: Jefferies raises to hold from underperform |
| * Sandvik SAND.ST: UBS raises target price to SEK 280 from SEK 225 |
| * Scor SE SCOR.PA: Morgan Stanley raises target price to EUR 36 from EUR 33 |
| * Serica Energy Plc SQZ.L: Berenberg initiates coverage with buy rating |
| * Serica Energy Plc SQZ.L: Berenberg initiates coverage with price target 300p |
| * Shell SHEL.L: BofA Global Research raises price objective to 3250p from 2900p |
| * Subsea 7 SUBC.OL: Berenberg raises target price to NOK 305 from NOK 240 |
| * Swiss Re AG SRENH.S: Morgan Stanley cuts target price to CHF 118 from CHF 120 |
| * Telefonica SA TEF.MC: Barclays raises target price to EUR 3.8 from EUR 3.7 |
| * TKH Group NV TWKNc.AS: Kepler Cheuvreux raises target price to EUR 51 from EUR 44 |
| * Totalenergies SE TTEF.PA: BofA Global Research raises price objective to EUR 75 from EUR 70 |
| * Trainline TRNT.L: Berenberg cuts target price to 350p from 500p |
| * Trainline Plc TRNT.L: Barclays cuts target price to 220p from 265p |
| * Trainline Plc TRNT.L: Morgan Stanley cuts target price to 290p from 310p |
| * Vistry Group Plc VTYV.L: Berenberg cuts target price to 500p from 650p |
| * Warpaint London Plc W7L.L: Peel Hunt initiates coverage with add rating |
| * Warpaint London Plc W7L.L: Peel Hunt initiates coverage with price target 270p |
| * Wizz Air WIZZ.L: Citigroup cuts target price to 750p from 810p |
| * Zalando ZALG.DE: Barclays raises target price to EUR 37 from EUR 35 |
| * Zalando ZALG.DE: Bernstein ups to market perform from underperform;PT to EUR 25 from EUR 23 |
