| * 3I Group Plc III.L: Barclays cuts target price to 4740p from 4835p |
| * AB Dynamics Plc ABDP.L: Jefferies cuts target price to 1,370p from 1,620p |
| * Akbank AKBNK.IS: HSBC raises target price to TRY 100 from TRY 92 |
| * Aker BP AKRBP.OL: DNB Carnegie cuts to hold from buy |
| * ASM International N.V. ASMI.AS: Barclays raises target price to EUR 770 from EUR 670 |
| * ASML Holding NV ASML.AS: Barclays raises target price to EUR 1,200 from EUR 960 |
| * Auto Trader AUTOA.L: Panmure Liberum cuts target price to 830p from 855p |
| * Avanza Bank AVANZ.ST: Kepler Cheuvreux raises target price to SEK 407 from SEK 360 |
| * Avanza Bank AVANZ.ST: Kepler Cheuvreux raises to buy from hold |
| * Avon Protection AVON.L: Jefferies cuts target price to 2,330p from 2,400p |
| * Babcock International BAB.L: Deutsche Bank raises target price to 1,350p from 1,145p |
| * Babcock International BAB.L: Jefferies raises target price to 1,670p from 1,400p |
| * Bachem Holding AG BANB.S: RBC raises target price to CHF 110 from CHF 78 |
| * Bank Pekao PEO.WA: Barclays raises target price to PLN 223 from PLN 209 |
| * Be Semiconductor Industries BESI.AS: UBS raises target price to EUR 210 from EUR 160 |
| * Be Semiconductor Industries NV BESI.AS: Barclays raises PT to EUR 150 from EUR 130 |
| * Big Yellow Group Plc BYG.L: Jefferies raises target price to 1,225p from 1,200p |
| * Big Yellow Group Plc BYG.L: Jefferies raises to buy from hold |
| * BNP Paribas SA BNPP.PA: Barclays raises target price to EUR 91 from EUR 79 |
| * Bodycote Plc BOY.L: Jefferies raises PT to 920p from 915p |
| * British Land BLND.L: UBS cuts target price to 440p from 445p |
| * British Land BLND.L: UBS cuts to neutral from buy |
| * Burberry BRBY.L: Jefferies raises PT to 940p from 680p |
| * C&C Group Plc GCC.L: Deutsche Bank cuts target price to 150p from 190p |
| * Carl Zeiss Meditec AG AFXG.DE: Bernstein cuts target price to EUR 31 from EUR 50.55 |
| * Carl Zeiss Meditec AG AFXG.DE: Bernstein cuts to market-perform from outperform |
| * Castellum AB CAST.ST: UBS raises target price to SEK 135 from SEK 120 |
| * Castellum AB CAST.ST: UBS raises to buy from neutral |
| * Chemring Group Plc CHG.L: Jefferies raises target price to 660p from 640p |
| * Coats Group COA.L: Jefferies cuts target price to 111p from 115p |
| * Commerzbank CBKG.DE: Barclays raises target price to EUR 30.40 from EUR 25.50 |
| * Computacenter Plc CCC.L: Stifel cuts to hold from buy |
| * Computacenter Plc CCC.L: Stifel raises target price to 3,584p from 3,000p |
| * Cucinelli BCU.MI: Jefferies cuts target price to EUR 93 from EUR 107 |
| * Currys Plc CURY.L: Deutsche Bank raises target price to 155p from 145p |
| * Deutsche Boerse AG DB1Gn.DE: JP Morgan raises target price to EUR 300 from EUR 298 |
| * Discoverie Group Plc DSCV.L: Jefferies cuts target price to 685p from 760p |
| * Docmorris DOCM.S: UBS cuts target price to CHF 5 from CHF 5.50 |
| * E.ON EONGn.DE: UBS raises target price to EUR 17 from EUR 16 |
| * Ericsson ERICb.ST: Jefferies raises target price to SEK 98 from SEK 94 |
| * Ericsson ERICb.ST: UBS raises target price to SEK 68 from SEK 65 |
| * Essentra Plc ESNT.L: Jefferies cuts target price to 140p from 150p |
| * Essilorluxottica ESLX.PA: Barclays cuts target price to EUR 350 from EUR 360 |
| * Euronext NV ENX.PA: JP Morgan cuts target price to EUR 150 from EUR 154 |
| * Ferrari RACE.MI: Jefferies cuts target price to EUR 300 from EUR 310 |
| * Filtronic Plc FTC.L: Berenberg raises target price to 213p from 196p |
| * Flughafen Zuerich AG FHZN.S: JP Morgan cuts target price to CHF 260 from CHF 275 |
| * Flughafen Zuerich AG FHZN.S: JP Morgan cuts to neutral from overweight |
| * Fresenius Medical Care FMEG.DE: Deutsche Bank cuts PT to EUR 44 from EUR 46 |
| * Genus GNS.L: Berenberg raises target price to 3350p from 3250p |
| * Glencore Plc GLEN.L: HSBC cuts to hold from buy |
| * Greencore GNC.L: Berenberg initiates coverage with buy rating |
| * Greencore GNC.L: Berenberg initiates coverage with PT 351p |
| * Halma HLMA.L: Jefferies raises target price to 3,050p from 2,490p |
| * Hemnet HEM.ST: Exane BNP Paribas cuts to underperform from neutral |
| * Hemnet HEM.ST: JP Morgan cuts target price to SEK 145 from SEK 156 |
| * Hermes HRMS.PA: Jefferies raises target price to EUR 2,400 from EUR 2,250 |
| * Hermes HRMS.PA: Jefferies raises to buy from hold |
| * Hill & Smith HILS.L: Jefferies raises target price to 2,760p from 2,530p |
| * Hugo Boss AG BOSSn.DE: RBC cuts target price to EUR 38 from EUR 40 |
| * Hugo Boss AG BOSSn.DE: RBC cuts to sector perform from outperform |
| * IMI Plc IMI.L: Jefferies raises target price to 3,185p from 2,720p |
| * Is Bankasi ISCTR.IS: HSBC raises target price to TRY 20 from TRY 19 |
| * Judges Scientific Plc JDG.L: Jefferies cuts target price to 4,015p from 7,380p |
| * Judges Scientific Plc JDG.L: Jefferies cuts to underperform from buy |
| * Kering PRTP.PA: Jefferies cuts target price to EUR 290 from EUR 310 |
| * Kion Group AG KGX.DE: Jefferies cuts target price to EUR 51 from EUR 63 |
| * Kion Group AG KGX.DE: Jefferies cuts to underperform from hold |
| * LEG Immobilien SE LEGn.DE: Berenberg cuts target price to EUR 85 from EUR 99 |
| * LVMH LVMH.PA: Jefferies raises target price to EUR 610 from EUR 530 |
| * Moncler MONC.MI: Jefferies raises target price to EUR 51.7 from EUR 49 |
| * Morgan Advanced Materials MGAMM.L: Jefferies raises target price to 255p from 220p |
| * Nemetschek SE NEKG.DE: JP Morgan raises target price to EUR 110 from EUR 90 |
| * Nemetschek SE NEKG.DE: JP Morgan raises to overweight from underweight |
| * Neste Oyj NESTE.HE: Goldman Sachs raises target price to EUR 24 from EUR 20.50 |
| * Neste Oyj NESTE.HE: Goldman Sachs raises to buy from neutral |
| * Neste Oyj NESTE.HE: Morgan Stanley raises target price to EUR 25 from EUR 18.80 |
| * Neste Oyj NESTE.HE: Morgan Stanley raises to overweight from equal-weight |
| * OMV AG OMVV.VI: Goldman Sachs cuts to sell from neutral |
| * Oxford Instruments OXIG.L: Jefferies raises target price to 2,370p from 2,120p |
| * Primary Health Properties Plc PHP.L: Jefferies raises target price to 120p from 115p |
| * Qinetiq Group Plc QQ.L: Jefferies raises target price to 575p from 550p |
| * Raiffeisen Bank International AG RBIV.VI: Deutsche Bank raises PT to EUR 32 from EUR 27 |
| * Renishaw Plc RSW.L: Jefferies cuts target price to 3,450p from 3,530p |
| * Rhi Magnesita NV RHIM.L: Jefferies cuts target price to 2,680p from 2,885p |
| * Rockwool ROCKb.CO: JP Morgan raises target price to DKK 250 from DKK 240 |
| * Rockwool ROCKb.CO: JP Morgan raises to overweight from neutral |
| * Rotork Plc ROR.L: Jefferies raises target price to 460p from 440p |
| * Sandvik AB SAND.ST: Jefferies cuts to hold from buy |
| * Sandvik AB SAND.ST: Jefferies raises target price to SEK 290 from SEK 260 |
| * Schindler Holding AG SCHP.S: Citigroup raises target price to CHF 327 from CHF 296 |
| * Schindler Holding AG SCHP.S: Citigroup raises to buy from neutral |
| * Senior Plc SNR.L: Berenberg raises target price to 310p from 275p |
| * Senior Plc SNR.L: Jefferies raises target price to 282p from 230p |
| * Shell SHEL.L: RBC cuts target price to 3,200p from 3,600p |
| * Shell SHEL.L: RBC cuts to sector perform from outperform |
| * Sika AG SIKA.S: Jefferies cuts target price to CHF 193 from CHF 201 |
| * SKF SKFb.ST: Jefferies cuts target price to SEK 205 from SEK 220 |
| * SKF SKFb.ST: Jefferies cuts to underperform from hold |
| * SMG Swiss Marketplace Group Holding AG SMGC.S: Exane BNP Paribas raises to outperform from neutral |
| * Smiths Group SMIN.L: Jefferies raises target price to 2,900p from 1,930p |
| * Spirax-Sarco SPX.L: Jefferies raises target price to 8,715p from 8,040p |
| * Stabilus SE STM1.DE: JP Morgan cuts target price to EUR 30 from EUR 37 |
| * Telecom Italia TLIT.MI: Barclays raises target price to EUR 0.65 from EUR 0.60 |
| * Telecom Italia TLITn.MI: Barclays raises target price to EUR 0.77 from EUR 0.72 |
| * Thales TCFP.PA: BofA Global Research raises price objective to EUR 295 from EUR 274 |
| * Travis Perkins TPK.L: JP Morgan cuts target price to 712p from 720p |
| * Treatt Plc TET.L: Berenberg raises target price to 270p from 250p |
| * UBS Group AG UBSG.S: Jefferies raises target price to CHF 55 from CHF 37 |
| * VAN Elle Holdings Plc VANL.L: Peel Hunt raises target price to 49p from 45p |
| * Vesuvius Plc VSVS.L: Jefferies raises target price to 565p from 550p |
| * Victrex Plc VCTX.L: Jefferies cuts target price to 675p from 700p |
| * Volex Plc VLX.L: Jefferies raises target price to 540p from 500p |
| * Vonovia SE VNAn.DE: Berenberg cuts target price to EUR 38 from EUR 41 |
| * Weir Group WEIR.L: Jefferies raises target price to 3,705p from 3,160p |
| * Yapi Kredi YKBNK.IS: HSBC raises target price to TRY 44 from TRY 43 |
| * Zalando SE ZALG.DE: UBS cuts target price to EUR 36.5 from EUR 42 |
| * Zigup Plc ZIG.L: Jefferies raises target price to 410p from 350p |
