| * ABB Ltd ABBN.S: Jefferies raises target price to CHF 57 from CHF 53 |
| * Aberdeen Group Plc ABDN.L: Morgan Stanley raises target price to 207p from 194p |
| * ABN Amro Bank NV ABNd.AS: Morgan Stanley raises target price to EUR 34 from EUR 33 |
| * Acciona ANA.MC: Exane BNP Paribas cuts to underperform from neutral |
| * Acciona Energia ANE.MC: Exane BNP Paribas cuts target price to EUR 23 from EUR 26.5 |
| * Acciona Energia ANE.MC: Exane BNP Paribas cuts to neutral from outperform |
| * Adidas AG ADSGn.DE: Barclays cuts target price to EUR 190 from EUR 207 |
| * Aib Group Plc AIBG.I: Morgan Stanley raises target price to EUR 9.6 from EUR 8.6 |
| * Akzo Nobel NV AKZO.AS: Bernstein cuts target price to EUR 59 from EUR 64 |
| * Akzo Nobel NV AKZO.AS: Bernstein cuts to market perform from outperform |
| * Amplifon SpA AMPF.MI: Barclays cuts target price to EUR 18 from EUR 19.5 |
| * Amundi SA AMUN.PA: Morgan Stanley raises target price to EUR 82.1 from EUR 70.8 |
| * Antin Infrastructure Partners Sas ANTIN.PA: Morgan Stanley cuts PT to EUR 10.8 from EUR 12 |
| * Antin Infrastructure Partners Sas ANTIN.PA: Morgan Stanley cuts to underweight from equalweight |
| * ArcelorMittal MT.AS: Barclays raises target price to EUR 28 from EUR 27 |
| * ArcelorMittal SA MT.AS: BofA Global Research raises PT to EUR 43 from EUR 40 |
| * Argan ARGAN.PA: Barclays cuts target price to EUR 75 from EUR 80 |
| * Arkema AKE.PA: Deutsche Bank cuts target price to EUR 49 from EUR 65 |
| * Arkema AKE.PA: Deutsche Bank cuts to hold from buy |
| * Ashmore ASHM.L: Morgan Stanley cuts to underweight from equalweight |
| * Ashmore Group Plc ASHM.L: Morgan Stanley cuts target price to 148p from 165p |
| * Ashmore Group Plc ASHM.L: Morgan Stanley cuts to underweight from equal weight |
| * Asos Plc ASOS.L: Barclays cuts target price to 210p from 290p |
| * Asos Plc ASOS.L: Deutsche Bank cuts target price to 375p from 440p |
| * Aston Martin AML.L: Goldman Sachs initiates coverage with neutral rating |
| * Aston Martin AML.L: Goldman Sachs initiates coverage with target price 61p |
| * Babcock International BAB.L: Deutsche Bank raises target price to 1145p from 1115p |
| * Banco Comercial Portugues SA BCP.LS: Morgan Stanley cuts PT to EUR 0.82 from EUR 0.83 |
| * Banco Sabadell SABE.MC: Morgan Stanley raises target price to EUR 3.65 from EUR 3.5 |
| * Bank of Ireland Group Plc BIRG.I: Morgan Stanley raises PT to EUR 18 from EUR 14.5 |
| * Bank of Ireland Group Plc BIRG.I: Morgan Stanley raises to overweight from equalweight |
| * Bankinter BKT.MC: Morgan Stanley raises target price to EUR 14 from EUR 13.5 |
| * Barclays Bank BARC.L: Morgan Stanley raises target price to 510p from 455p |
| * Barratt Redrow Plc BTRW.L: Goldman Sachs initiates coverage with buy rating |
| * Barratt Redrow Plc BTRW.L: Goldman Sachs initiates coverage with price target 449p |
| * BASF BASFn.DE: Deutsche Bank cuts target price to EUR 45 from EUR 51 |
| * BASF BASFn.DE: Deutsche Bank cuts to hold from buy |
| * Bawag Group AG BAWG.VI: Morgan Stanley cuts target price to EUR 146 from EUR 149 |
| * BBVA BBVA.MC: Morgan Stanley raises target price to EUR 20.5 from EUR 19 |
| * Bellway Plc BWY.L: Goldman Sachs initiates coverage with neutral rating |
| * Bellway Plc BWY.L: Goldman Sachs initiates coverage with price target 2,844p |
| * Berkeley Group BKGH.L: Goldman Sachs initiates coverage with price target 3,714p |
| * Berkeley Group BKGH.L: Goldman Sachs initiates coverage with sell rating |
| * BMW BMWG.DE: Goldman Sachs initiates coverage with buy rating; PT EUR 112 |
| * BNP Paribas BNPP.PA: Morgan Stanley raises target price to EUR 84 from EUR 83 |
| * Breedon Group Plc BREE.L: Peel Hunt cuts target price to 425p from 500p |
| * Breedon Group Plc BREE.L: Stifel cuts target price to 430p from 500p |
| * Bridgepoint Group BPTB.L: Morgan Stanley raises to overweight from equal weight |
| * Bridgepoint Group BPTB.L: Morgan Stanley raises target price to 360p from 340p |
| * Bridgepoint Group BPTB.L: Morgan Stanley raises to overweight from equalweight |
| * Caixabank SA CABK.MC: Morgan Stanley raises target price to EUR 10.5 from EUR 9.7 |
| * Centrica CNA.L: Kepler Cheuvreux raises target price to 165p from 160p |
| * Colonial Sfl COL.MC: Barclays cuts target price to EUR 4.5 from EUR 5.4 |
| * Coloplast A/S COLOb.CO: Barclays cuts target price to DKK 665 from DKK 700 |
| * Commerzbank CBKG.DE: Morgan Stanley raises target price to EUR 38.5 from EUR 36 |
| * Covivio CVO.PA: Barclays raises target price to EUR 62 from EUR 61 |
| * Credit Agricole S.A. CAGR.PA: Morgan Stanley raises PT to EUR 19 from EUR 18 |
| * CTS Eventim EVDG.DE: Deutsche Bank cuts target price to EUR 108 from EUR 109 |
| * Danske Bank DANSKE.CO: Morgan Stanley raises target price to DKK 352 from DKK 336 |
| * Demant A/S DEMANT.CO: Barclays cuts target price to DKK 235 from DKK 250 |
| * Deutsche Bank DBKGn.DE: Morgan Stanley raises target price to EUR 39 from EUR 37.5 |
| * Diasorin SpA DIAS.MI: UBS cuts target price to EUR 84 from EUR 98 |
| * DNB DNB.OL: Morgan Stanley cuts target price to NOK 283 from NOK 286 |
| * DR ING HC F Porsche AG P911_p.DE: Goldman Sachs initiates coverage with neutral rating |
| * DR ING HC F Porsche AG P911_p.DE: Goldman Sachs initiates coverage with PT EUR 46 |
| * DWS Group Gmbh & Co KGaA DWSG.DE: Morgan Stanley raises PT to EUR 68.1 from EUR 64.8 |
| * Eiffage FOUG.PA: Barclays cuts target price to EUR 140 from EUR 145 |
| * Elekta AB EKTAb.ST: Barclays cuts target price to SEK 41.5 from SEK 46.8 |
| * Elior Group SA ELIOR.PA: Citigroup cuts target price to EUR 3.6 from EUR 4 |
| * Entain ENT.L: HSBC cuts target price to 832p from 917p |
| * Entain ENT.L: HSBC raises to buy from hold |
| * Erste Group Bank AG ERST.VI: Morgan Stanley raises PT to EUR 108 from EUR 106 |
| * Essilorluxottica ESLX.PA: Barclays raises target price to EUR 365 from EUR 345 |
| * Eurocommercial Properties NV ECMPA.AS: Berenberg raises PT to EUR 31 from EUR 29.5 |
| * Evonik Industries EVKn.DE: Deutsche Bank cuts target price to EUR 13 from EUR 16 |
| * Ferrari RACE.MI: Goldman Sachs initiates coverage with buy rating |
| * Ferrari RACE.MI: Goldman Sachs initiates coverage with target price EUR 391 |
| * Fevertree Drinks Plc FEVR.L: Kepler Cheuvreux initiates coverage with hold rating |
| * Fevertree Drinks Plc FEVR.L: Kepler Cheuvreux initiates coverage with PT 825p |
| * Finecobank Banca Fineco SpA FBK.MI: Morgan Stanley raises PT to EUR 24.5 from EUR 23 |
| * Flatexdegiro AG FTKn.DE: Morgan Stanley raises target price to EUR 37 from EUR 27 |
| * Fresenius Medical Care AG FMEG.DE: Barclays cuts target price to EUR 48 from EUR 51 |
| * Fresenius SE & Co KGaA FREG.DE: Barclays raises target price to EUR 58 from EUR 54 |
| * Frontline Plc FRO.OL: Kepler Cheuvreux cuts target price to NOK 145 from NOK 150 |
| * Gecina GFCP.PA: Barclays cuts target price to EUR 81 from EUR 110 |
| * Gecina GFCP.PA: Barclays cuts to equal-weight from overweight |
| * Georg Fischer AG GF.S: Alphavalue cuts target price to CHF 58.80 from CHF 75 |
| * Givaudan GIVN.S: Deutsche Bank raises target price to CHF 3900 from CHF 3400 |
| * Givaudan GIVN.S: Deutsche Bank raises to buy from hold |
| * GN Store Nord A/S GN.CO: Barclays raises target price to DKK 140 from DKK 130 |
| * GN Store Nord A/S GN.CO: Barclays raises to overweight from equal-weight |
| * H & M Hennes & Mauritz AB HMb.ST: Barclays raises target price to SEK 162 from SEK 160 |
| * H&M HMb.ST: Jefferies raises target price to SEK 164 from SEK 143 |
| * Hammerson HMSO.L: Deutsche Bank raises target price to 320p from 300p |
| * Hapag-Lloyd AG HLAG.DE: Berenberg cuts target price to EUR 120 from EUR 132 |
| * Hensoldt AG HAGG.DE: Barclays cuts target price to EUR 90 from EUR 93 |
| * Icade ICAD.PA: Barclays cuts target price to EUR 18 from EUR 25 |
| * Icade ICAD.PA: Barclays cuts to underweight from overweight |
| * ICG Plc ICGIN.L: Morgan Stanley raises target price to 2800p from 2600p |
| * Inditex ITX.MC: RBC raises target price to EUR 52 from EUR 49 |
| * Inditex ITX.MC: RBC raises raises target price to EUR 52 from EUR 49 |
| * Inditex ITX.MC: RBC raises to outperform from sector perform |
| * Inditex SA ITX.MC: Barclays raises target price to EUR 47.5 from EUR 43.5 |
| * ING Groep INGA.AS: Morgan Stanley raises target price to EUR 27 from EUR 26 |
| * Interroll INRN.S: UBS raises target price to CHF 2652 from CHF 2550 |
| * Intesa Sanpaolo S.P.A. ISP.MI: Morgan Stanley raises target price to EUR 6.8 from EUR 6.5 |
| * IWG IWG.L: Jefferies raises target price to 265p from 245p |
| * JD Sports JD.L: Deutsche Bank cuts target price to 95p from 100p |
| * Julius Baer Gruppe AG BAER.S: RBC cuts target price to CHF 67.5 from CHF 69 |
| * kbc Groep NV KBC.BR: Morgan Stanley cuts to equalweight from overweight |
| * kbc Group NV KBC.BR: Morgan Stanley raises target price to EUR 126 from EUR 122 |
| * Kerry Group KYGa.I: Deutsche Bank cuts target price to EUR 95 from EUR 100 |
| * Klepierre LOIM.PA: Barclays cuts to equal-weight from overweight |
| * Lindt & Spruengli LISN.S: Barclays cuts target price to CHF 135000 from CHF 145000 |
| * Liontrust Asset Management Plc LIO.L: Peel Hunt cuts target price to 400p from 435p |
| * Liontrust Asset Management Plc LIO.L: RBC cuts target price to 260p from 270p |
| * Lloyds Banking Group LLOY.L: Morgan Stanley raises target price to 110p from 100p |
| * London stock Exchange LSEG.L: Morgan Stanley raises target price to 13000p from 12200p |
| * M&C Saatchi Plc SAA.L: Berenberg cuts target price to 150p from 200p |
| * Man Group EMG.L: Morgan Stanley raises target price to 241p from 202p |
| * Mercedes-Benz Group AG MBGn.DE: Goldman Sachs initiates coverage with buy rating |
| * National Grid Plc NG.L: Exane BNP Paribas cuts to underperform from outperform |
| * Natwest Group NWB_pa.L: Morgan Stanley raises target price to 720p from 665p |
| * Nemetschek SE NEKG.DE: Jefferies initiates coverage with buy rating |
| * Nemetschek SE NEKG.DE: Jefferies initiates coverage with target price EUR 110 |
| * Nordea Bank Abp NDAFI.HE: Morgan Stanley raises target price to EUR 17 from EUR 16.5 |
| * Novo Nordisk NOVOb.CO: HSBC cuts to hold from buy |
| * Novo Nordisk NOVOb.CO: HSBC cuts target price to DKK 300 from DKK 445 |
| * Oxford Nanopore Technologies Plc ONT.L: Barclays cuts target price to 170p from 185p |
| * Paypoint PAYP.L: Barclays cuts target price to 470p from 600p |
| * Persimmon PSN.L: Goldman Sachs initiates coverage with buy rating |
| * Persimmon PSN.L: Goldman Sachs initiates coverage with price target 1,446p |
| * Qinetiq Group Plc QQ.L: Kepler Cheuvreux cuts target price to 520p from 530p |
| * Qinetiq Group Plc QQ.L: Kepler Cheuvreux raises to buy from hold |
| * Redeia REDE.MC: Exane BNP Paribas cuts target price to EUR 18.3 from EUR 18.5 |
| * Redeia REDE.MC: Exane BNP Paribas raises to outperform from neutral |
| * Renault RENA.PA: Goldman Sachs initiates coverage with neutral rating |
| * Renault RENA.PA: Goldman Sachs initiates coverage with target price EUR 36 |
| * Richemont CFR.S: HSBC raises target price to CHF 205 from CHF 190 |
| * Santander SAN.MC: Morgan Stanley raises target price to EUR 11 from EUR 10 |
| * Schroders SDR.L: Morgan Stanley raises target price to 360p from 340p |
| * Semco Technologies ALSEM.PA: Midcap Partners raises target price to EUR 28.3 from EUR 27.3 |
| * Semco Technologies ALSEM.PA: Midcap Partners raises to 'buy' from 'hold |
| * Siemens AG SIEGn.DE: Jefferies cuts target price to EUR 277 from EUR 291 |
| * Siemens Energy ENR1n.DE: Deutsche Bank raises target price to EUR 135 from EUR 130 |
| * Siemens AG SHLG.DE: Barclays raises target price to EUR 61.5 from EUR 61 |
| * Sika AG SIKA.S: Citigroup cuts target price to CHF 180 from CHF 190 |
| * Sika AG SIKA.S: Citigroup raises to buy from neutral |
| * Skandinaviska Enskilda Banken AB SEBa.ST: Morgan Stanley raises PT to SEK 195 from SEK 173 |
| * Smith & Nephew Plc SN.L: Barclays raises target price to 1345p from 1300p |
| * Snam SRG.MI: Exane BNP Paribas cuts target price to EUR 5.5 from EUR 5.7 |
| * Snam SRG.MI: Exane BNP Paribas cuts to neutral from outperform |
| * Snam SRG.MI: RBC raises target price to EUR 5.4 from EUR 5.15 |
| * Societe Generale SOGN.PA: Morgan Stanley raises target price to EUR 69 from EUR 68 |
| * Sodexo SA EXHO.PA: Barclays cuts target price to EUR 51 from EUR 63 |
| * Soitec SA SOIT.PA: UBS cuts target price to EUR 26 from EUR 80 |
| * Soitec SA SOIT.PA: UBS cuts to neutral from buy |
| * Soitec SA SOIT.PA: Citigroup cuts target price to EUR 20 from EUR 36 |
| * Solaria SLRS.MC: RBC cuts to sector perform from outperform |
| * Solaria SLRS.MC: RBC raises target price to EUR 18 from EUR 14 |
| * Solvay SOLB.BR: Deutsche Bank cuts target price to EUR 24.5 from EUR 25.5 |
| * Solvay SOLB.BR: Deutsche Bank cuts to sell from hold |
| * Solwers SOLWERS.HE: Inderes raises to accumulate from reduce; PT EUR 2.5 |
| * Sonova Holding AG SOON.S: Barclays cuts target price to CHF 185 from CHF 190 |
| * Spire Healthcare Group Plc SPI.L: Barclays raises target price to 275p from 269p |
| * Standard Chartered Bank STAN.L: Morgan Stanley raises target price to 1848p from 1718p |
| * Standard Chartered Bank STAN.L: Morgan Stanley raises to overweight from equal weight |
| * Standard Chartered Plc STAN.L: Morgan Stanley raises to overweight from equalweight |
| * Stellantis NV STLAM.MI: Goldman Sachs initiates coverage with neutral rating |
| * Stellantis NV STLAM.MI: Goldman Sachs initiates coverage with target price EUR 9 |
| * Subsea 7 SUBC.OL: JP Morgan cuts target price to NOK 208 from NOK 212 |
| * Sveafastigheter Publ AB SVEAF.ST: Kepler Cheuvreux raises PT to SEK 41 from SEK 39 |
| * Swatch Group AG UHR.S: Kepler Cheuvreux raises target price to CHF 150 from CHF 120 |
| * Swedbank SWEDa.ST: Morgan Stanley cuts target price to SEK 280 from SEK 282 |
| * Symrise SY1G.DE: Deutsche Bank cuts target price to EUR 83 from EUR 90 |
| * Taylor Wimpey TW.L: Goldman Sachs initiates coverage with neutral rating; PT 109p |
| * Teleste TLT1V.HE: Inderes raises to accumulate from reduce; PT EUR 4.1 |
| * Trainline TRNT.L: JP Morgan cuts target price to 300p from 330p |
| * Ubisoft UBIP.PA: BMO cuts target price to EUR 14 from EUR 17 |
| * Ubisoft UBIP.PA: Kepler Cheuvreux cuts target price to EUR 7 from EUR 9 |
| * Ubisoft UBIP.PA: TD Cowen cuts target price to EUR 9 from EUR 14 |
| * UBS Group AG UBSG.S: Morgan Stanley raises target price to CHF 30 from CHF 28 |
| * Unicaja Banco SA UNI.MC: Morgan Stanley raises target price to EUR 2.2 from EUR 2 |
| * Unicredit S.P.A. CRDI.MI: Morgan Stanley raises target price to EUR 76 from EUR 74 |
| * Vicat SA VCTP.PA: Citigroup raises target price to EUR 69 from EUR 63 |
| * Vimian Group AB VIMIAN.ST: Barclays cuts target price to SEK 27 from SEK 37 |
| * Vimian Group AB VIMIAN.ST: Barclays cuts to underweight from equal-weight |
| * Vinci SGEF.PA: Barclays cuts target price to EUR 136 from EUR 140 |
| * Vistry Group Plc VTYV.L: Goldman Sachs initiates coverage with buy rating |
| * Vistry Group Plc VTYV.L: Goldman Sachs initiates coverage with price target 731p |
| * Voestalpine VOES.VI: Barclays raises target price to EUR 35 from EUR 30 |
| * Volkswagen AG VOWG_p.DE: Goldman Sachs initiates coverage with neutral rating |
| * Volkswagen AG VOWG_p.DE: Goldman Sachs initiates coverage with target price EUR 106 |
| * Wacker Chemie WCHG.DE: Deutsche Bank cuts target price to EUR 60 from EUR 63 |
| * Wacker Chemie WCHG.DE: Deutsche Bank cuts to sell from hold |
| * WH Smith Plc SMWH.L: JP Morgan cuts target price to 750p from 900p |
