| * ABN Amro Bank NV ABNd.AS: Morgan Stanley raises target price to EUR 28 from EUR 26 |
| * AIB Group Plc AIBG.I: Morgan Stanley raises target price to EUR 7.8 from EUR 7.5 |
| * Aker BP AKRBP.OL: JP Morgan resumes coverage with neutral rating |
| * Aker BP AKRBP.OL: JP Morgan resumes coverage with price target NOK 252 |
| * Aker Solutions ASA AKSOA.OL: JP Morgan resumes coverage with price target NOK 30 |
| * Aker Solutions ASA AKSOA.OL: JP Morgan resumes coverage with underweight rating |
| * Ariston Holding NV ARIS.MI: Morgan Stanley raises PT to EUR 4.2 from EUR 3.9 |
| * ASML Holding NV ASML.AS: BofA Global Research cuts PO to EUR 724 from EUR 755 |
| * Banco Bpm BAMI.MI: Morgan Stanley raises target price to EUR 13.3 from EUR 12.2 |
| * Banco Comercial Portugues BCP.LS: Morgan Stanley raises PT to EUR 0.81 from EUR 0.74 |
| * Bankinter BKT.MC: Morgan Stanley raises target price to EUR 13.2 from EUR 12.6 |
| * Barclays Bank BARC.L: Morgan Stanley raises target price to 420p from 400p |
| * BAT BATS.L: RBC cuts to underperform from sector perform |
| * BAT BATS.L: RBC raises target price to 3400p from 3000p |
| * Bawag Group AG BAWG.VI: Morgan Stanley raises target price to EUR 149 from EUR 134 |
| * Belimo Holding AG BEAN.S: Morgan Stanley cuts to underweight from equal weight |
| * Burkhalter Holding AG BRKN.S: UBS raises target price to CHF 125 from CHF 122 |
| * Buzzi SpA BZU.MI: Morgan Stanley raises target price to EUR 53 from EUR 44 |
| * Buzzi SpA BZU.MI: Morgan Stanley raises to overweight from equal weight |
| * Caixabank SA CABK.MC: Morgan Stanley raises target price to EUR 9.5 from EUR 8.9 |
| * Commerzbank CBKG.DE: Morgan Stanley cuts to equal weight from overweight |
| * Commerzbank CBKG.DE: Morgan Stanley raises target price to EUR 36 from EUR 32 |
| * CRH Plc CRH.L: Morgan Stanley raises target price to 9500p from 8800p |
| * Danske Bank DANSKE.CO: Morgan Stanley raises target price to DKK 329 from DKK 297 |
| * Deutsche Bank DBKGn.DE: Morgan Stanley raises target price to EUR 35 from EUR 32 |
| * DNB DNB.OL: Morgan Stanley raises target price to NOK 289 from NOK 263 |
| * ENI ENI.MI: RBC cuts to sector perform from outperform |
| * Enquest Plc ENQ.L: JP Morgan resumes coverage with neutral rating |
| * Enquest Plc ENQ.L: JP Morgan resumes coverage with price target 14p |
| * Erste Group Bank AG ERST.VI: Morgan Stanley raises target price to EUR 97 from EUR 86 |
| * Everplay Group Plc EVPL.L: Panmure Liberum cuts to hold from buy |
| * Everplay Group Plc EVPL.L: Panmure Liberum raises target price to 390p from 345p |
| * Ferrari N.V RACE.MI: Deutsche Bank raises target price to EUR 520 from EUR 430 |
| * Ferrari N.V RACE.MI: Deutsche Bank raises to buy from hold |
| * Fresenius Medical Care AG FMEG.DE: UBS cuts target price to EUR 38 from EUR 43.5 |
| * Fresenius Medical Care AG FMEG.DE: UBS cuts to sell from neutral |
| * Fresenius SE & Co KGaA FREG.DE: UBS raises target price to EUR 57 from EUR 49 |
| * Geberit AG GEBN.S: Morgan Stanley raises target price to CHF 517 from CHF 502 |
| * Handelsbanken SHBa.ST: Morgan Stanley raises target price to SEK 135 from SEK 123 |
| * Harbour Energy Plc HBR.L: JP Morgan initiates coverage with overweight rating |
| * Harbour Energy Plc HBR.L: JP Morgan initiates coverage with target price 298p |
| * Heidelberg Materials HEIG.DE: Morgan Stanley raises PT to EUR 212 from EUR 150 |
| * Hemnet HEM.ST: JP Morgan cuts target price to SEK 264 from SEK 269 |
| * Hermes HRMS.PA: HSBC cuts target price to EUR 2350 from EUR 2800 |
| * Holcim Ltd. HOLN.S: Morgan Stanley raises target price to CHF 75 from CHF 60 |
| * Huber+Suhner AG HUBN.S: Berenberg raises target price to CHF 140 from CHF 100 |
| * Inditex SA ITX.MC: Barclays cuts target price to EUR 43.5 from EUR 45 |
| * ING Groep INGA.AS: Morgan Stanley adds stock to its top pick list replacing Commerzbank |
| * ING Groep INGA.AS: Morgan Stanley raises target price to EUR 25.4 from EUR 23.5 |
| * ING Groep INGA.AS: Morgan Stanley raises to overweight from equal weight |
| * Intesa Sanpaolo S.P.A. ISP.MI: Morgan Stanley raises PT to EUR 6.6 from EUR 6.3 |
| * ISS A/S ISS.CO: UBS raises target price to DKK 190 from DKK 185 |
| * Johnson Service Group Plc JSG.L: RBC raises target price to 160p from 155p |
| * KBC Group NV KBC.BR: Morgan Stanley raises target price to EUR 120 from EUR 117 |
| * Kering PRTP.PA: HSBC raises target price to EUR 300 from EUR 200 |
| * Kingspan Group Plc KSP.I: Morgan Stanley raises target price to EUR 83 from EUR 76 |
| * Kingspan Group Plc KSP.I: Morgan Stanley raises to overweight from underweight |
| * Konecranes KCRA.HE: Goldman Sachs adds stock to its european conviction list |
| * Liontrust LIO.L: Deutsche Bank cuts target price to 290p from 300p |
| * L'Oreal OREP.PA: Goldman Sachs removes stock from its european conviction list |
| * LVMH LVMH.PA: HSBC raises target price to EUR 625 from EUR 535 |
| * Man Group EMG.L: Deutsche Bank raises target price to 215p from 205p |
| * Mediobanca MDBI.MI: Morgan Stanley assumes coverage with equal weight rating |
| * Mediobanca MDBI.MI: Morgan Stanley assumes coverage with price target EUR 24 |
| * Michelmersh Brick Holdings Plc MBH.L: Berenberg cuts target price to 150p from 170p |
| * Natwest Group NWB_pa.L: Morgan Stanley raises target price to 620p from 590p |
| * Nordea Bank Abp NDAFI.HE: Morgan Stanley raises target price to EUR 16.2 from EUR 14.7 |
| * Nordic Semiconductor ASA NOD.OL: UBS cuts to sell from neutral |
| * Nordic Semiconductor ASA NOD.OL: UBS raises target price to NOK 121 from NOK 115 |
| * Oxford Nanopore Technologies Plc ONT.L: Peel Hunt raises PT to 153p from 119p |
| * Pennon Group Plc PNN.L: Jefferies cuts target price to 570p from 600p |
| * Renault RENA.PA: Jefferies cuts target price to EUR 39 from EUR 48 |
| * Richemont CFR.S: HSBC cuts target price to CHF 155 from CHF 158 |
| * SaintGobain SGOB.PA: Morgan Stanley raises target price to EUR 108 from EUR 101 |
| * Saipem SpA SPMI.MI: JP Morgan resumes coverage with overweight rating |
| * Saipem SpA SPMI.MI: JP Morgan resumes coverage with price target EUR 2.83 |
| * Sanofi SASY.PA: Deutsche Bank raises target price to EUR 110 from EUR 90 |
| * Sanofi SASY.PA: Deutsche Bank raises to buy from hold |
| * Schneider Electric SCHN.PA: Deutsche Bank raises target price to EUR 240 from EUR 220 |
| * Schneider Electric SCHN.PA: Deutsche Bank raises to buy from hold |
| * SEB AB SEBa.ST: Morgan Stanley cuts target price to SEK 171 from SEK 177 |
| * Shelly Group Ad SLYG.BB: Berenberg initiates coverage with buy rating |
| * Shelly Group Ad SLYG.BB: Berenberg initiates coverage with price target EUR 70 |
| * Sika AG SIKA.S: Morgan Stanley raises target price to CHF 248 from CHF 242 |
| * Sma Solar S92G.DE: TD Cowen cuts target price to EUR 18 from EUR 20 |
| * Societe Generale SA SOGN.PA: Jefferies raises target price to EUR 70 from EUR 61 |
| * Softwareone Holding AG SWON.S: UBS cuts target price to CHF 9.6 from CHF 10.6 |
| * SSE SSE.L: JP Morgan raises target price to 2,425p from 2,300p |
| * Stroeer SAXG.DE: UBS cuts target price to EUR 67 from EUR 70 |
| * Subsea 7 SUBC.OL: JP Morgan resumes coverage with neutral rating |
| * Subsea 7 SUBC.OL: JP Morgan resumes coverage with price target NOK 212 |
| * Swatch UHR.S: HSBC cuts target price to CHF 110 from CHF 113 |
| * Swedbank SWEDa.ST: Morgan Stanley raises target price to SEK 272 from SEK 243 |
| * Technip Energies NV TE.PA: JP Morgan resumes coverage with overweight rating |
| * Technip Energies NV TE.PA: JP Morgan resumes coverage with price target EUR 47 |
| * UCB UCB.BR: Deutsche Bank raises target price to EUR 250 from EUR 235 |
| * UCB SA UCB.BR: Goldman Sachs adds stock to its european conviction list |
| * Unicaja Banco SA UNI.MC: Morgan Stanley raises target price to EUR 1.9 from EUR 1.8 |
| * Unicredit S.P.A. CRDI.MI: Morgan Stanley raises target price to EUR 74 from EUR 64 |
| * United Utilities UU.L: Jefferies raises target price to 1,190p from 1,110p |
| * Var Energi VAR.OL: JP Morgan resumes coverage with neutral rating |
| * Var Energi VAR.OL: JP Morgan resumes coverage with price target NOK 33 |
| * Vestas VWS.CO: Goldman Sachs adds stock to its european conviction list |
| * Wienerberger AG WBSV.VI: Morgan Stanley raises target price to EUR 36 from EUR 35 |
| * Wolters Kluwer WLSNc.AS: UBS cuts target price to EUR 117 from EUR 148 |
| * Zurich Insurance Group AG ZURN.S: JP Morgan raises PT to CHF 500 from CHF 490 |
