| * Almirall ALM.MC: Stifel initiates coverage with buy rating |
| * Almirall ALM.MC: Stifel initiates coverage with price target EUR 14.50 |
| * AMG Critical Materials AMG.AS: Deutsche Bank raises PT to EUR 32 from EUR 31 |
| * Antofagasta ANTO.L: Scotiabank raises target price to 2500p from 2050p |
| * ASM International ASMI.AS: KBC Securities raises target price to EUR 567 from EUR 550 |
| * Bankinter BKT.MC: Jefferies raises target price to EUR 13.5 from EUR 10.9 |
| * BASF SE BASFn.DE: Berenberg cuts target price to EUR 37 from EUR 44 |
| * BASF SE BASFn.DE: Berenberg cuts to sell from hold |
| * Beazley BEZG.L: RBC raises target price to 1100p from 1000p |
| * Biomerieux SA BIOX.PA: Morgan Stanley cuts target price to EUR 120 from EUR 125 |
| * Buzzi BZU.MI: Equita raises target price to EUR 55 from EUR 51 |
| * Buzzi BZU.MI: UBS cuts to neutral from buy |
| * Caixabank CABK.MC: Jefferies raises target price to EUR 10 from EUR 8 |
| * Canal+ CAN.L: Barclays raises target price to 345p from 340p |
| * Coloplast COLOb.CO: Morgan Stanley cuts target price to DKK 520 from DKK 585 |
| * Convatec Group Plc CTEC.L: Morgan Stanley cuts target price to 282p from 303p |
| * Cucinelli BCU.MI: Bernstein raises target price to EUR 121 from EUR 119 |
| * Danske Bank DANSKE.CO: Citigroup raises target price to DKK 308 from DKK 298 |
| * Demant DEMANT.CO: Morgan Stanley cuts target price to DKK 267 from DKK 310 |
| * Diasorin SpA DIAS.MI: Morgan Stanley cuts target price to EUR 99 from EUR 101 |
| * DNB DNB.OL: Citigroup raises target price to NOK 265 from NOK 252 |
| * Edenred EDEN.PA: Deutsche Bank cuts target price to EUR 43 from EUR 45 |
| * Electrolux ELUXb.ST: Deutsche Bank initiates coverage with hold rating and PT SEK 60 |
| * Ericsson ERICb.ST: Alphavalue raises to buy from add |
| * Exosens EXENS.PA: Deutsche Bank raises target price to EUR 49 from EUR 45 |
| * Ferrari RACE.MI: Alphavalue cuts target price to EUR 428 from EUR 437 |
| * Ferrari N.V. RACE.MI: Barclays cuts target price to EUR 425 from EUR 485 |
| * Ferrovial FERF.AS: Alphavalue cuts target price to EUR 34 from EUR 38.6 |
| * Fevertree Drinks Plc FEVR.L: Jefferies raises raises target price to 1100p from 900p |
| * Fevertree Drinks Plc FEVR.L: Jefferies raises to buy from hold |
| * Fluidra FLUI.MC: Jefferies raises target price to EUR 29 from EUR 26 |
| * Fresenius Medical Care AG FMEG.DE: Morgan Stanley cuts PT to EUR 41 from EUR 46 |
| * Fresenius SE & Co KGaA FREG.DE: Morgan Stanley raises PT to EUR 55 from EUR 50 |
| * Gerresheimer AG GXIG.DE: Bernstein cuts target price to EUR 25.6 from EUR 31.5 |
| * Gerresheimer AG GXIG.DE: UBS cuts target price to EUR 29 from EUR 75 |
| * Gerresheimer AG GXIG.DE: UBS cuts to neutral from buy |
| * Glanbia Plc GL9.I: Morgan Stanley raises target price to EUR 19 from EUR 16 |
| * Glencore GLEN.L: Bernstein raises target price to 385p from 355p |
| * Handelsbanken SHBa.ST: Citigroup raises target price to SEK 122 from SEK 119 |
| * Hannover Rueck SE HNRGn.DE: RBC cuts target price to EUR 275 from EUR 295 |
| * Hannover Rueck SE HNRGn.DE: RBC cuts to sector perform from outperform |
| * Heidelberg Materials HEIG.DE: UBS raises target price to EUR 230 from EUR 188 |
| * Heidelberg Materials HEIG.DE: UBS raises to buy from neutral |
| * Holcim HOLN.S: UBS raises target price to CHF 78 from CHF 60 |
| * Holcim HOLN.S: UBS raises to buy from neutral |
| * IMI Plc IMI.L: RBC cuts to sector perform from outperform |
| * IMI Plc IMI.L: RBC raises target price to 2,500p from 2,475p |
| * Infineon Technologies AG IFXGN.DE: HSBC raises target price to EUR 50 from EUR 44 |
| * Informa INF.L: Morgan Stanley raises target price to 1000p from 975p |
| * Integrafin Holdings Plc IHPI.L: Peel Hunt raises target price to 420p from 410p |
| * Johnson Matthey JMAT.L: Jefferies raises target price to 2420p from 2200p |
| * Johnson Matthey JMAT.L: Panmure Liberum raises target price to 2,370p from 2,290p |
| * Kingspan KSP.I: UBS cuts target price to EUR 74 from EUR 91 |
| * Kingspan KSP.I: UBS cuts to neutral from buy |
| * Klepierre LOIM.PA: JP Morgan raises raises target price to EUR 38 from EUR 31 |
| * Klepierre LOIM.PA: JP Morgan raises to overweight from underweight |
| * Koninklijke Philips NV PHG.AS: Morgan Stanley raises PT to EUR 26 from EUR 24 |
| * Medincell SA MEDCL.PA: Stifel raises target price to EUR 37 from EUR 24 |
| * Michelin MICP.PA: Barclays cuts target price to EUR 26 from EUR 28 |
| * Michelin MICP.PA: Deutsche Bank cuts target price to EUR 31 from EUR 37 |
| * Michelin MICP.PA: Jefferies cuts target price to EUR 38 from EUR 43 |
| * Mitie Group Plc MTO.L: Stifel raises target price to 195p from 190p |
| * MTU Aero Engines AG MTXGn.DE: Morgan Stanley raises PT to EUR 407 from EUR 300 |
| * Munich Re MUVGn.DE: RBC raises target price to EUR 570 from EUR 566 |
| * Norcros Plc NXR.L: Peel Hunt raises target price to 340p from 330p |
| * Orsted ORSTED.CO: Exane BNP Paribas reinstates coverage with neutral rating |
| * Orsted ORSTED.CO: Exane BNP Paribas reinstates coverage with target price DKK 130 |
| * Oxford Instruments OXIG.L: JP Morgan cuts target price to 2500p from 2700p |
| * Oxford Instruments Plc OXIG.L: Deutsche Bank cuts target price to 2435p from 2550p |
| * Prudential PRU.L: UBS raises target price to 1270p from 1230p |
| * Relx REL.L: Morgan Stanley raises target price to 4000p from 3980p |
| * Rio Tinto RIO.L: Bernstein raises target price to 5000p from 4800p |
| * Scor SCOR.PA: RBC raises target price to EUR 35 from EUR 32 |
| * SEB AB SEBa.ST: Citigroup raises target price to SEK 183 from SEK 175 |
| * SEB SA SEBF.PA: Berenberg cuts target price to EUR 63 from EUR 77 |
| * Siemens AG SIEGn.DE: Morgan Stanley cuts to equalweight from overweight |
| * Siemens Healthineers AG SHLG.DE: Morgan Stanley cuts PT to EUR 53 from EUR 62 |
| * Sika SIKA.S: UBS cuts target price to CHF 225 from CHF 285 |
| * Smith & Nephew Plc SN.L: Morgan Stanley raises target price to 1547p from 1450p |
| * Smith+Nephew Plc SN.L: Bernstein cuts to marketperform from outperform |
| * Societe Generale SA SOGN.PA: Barclays raises target price to EUR 64 from EUR 63 |
| * Sonova Holding AG SOON.S: Morgan Stanley cuts target price to CHF 190 from CHF 260 |
| * Sopra Steria Group SA SOPR.PA: Exane BNP Paribas cuts PT to EUR 146 from EUR 220 |
| * Sopra Steria Group SA SOPR.PA: Exane BNP Paribas cuts to neutral from outperform |
| * Spie SPIE.PA: Morgan Stanley cuts target price to EUR 49 from EUR 49.5 |
| * STMicroelectronics STMPA.PA: HSBC raises target price to EUR 30 from EUR 27 |
| * Straumann Holding AG STMN.S: Barclays cuts target price to CHF 125 from CHF 133 |
| * Straumann Holding AG STMN.S: Morgan Stanley cuts target price to CHF 75 from CHF 120 |
| * Swedbank SWEDa.ST: Citigroup raises target price to SEK 276 from SEK 266 |
| * Swiss Life Holding SLHN.S: Barclays raises target price to CHF 925 from CHF 865 |
| * Swiss Re AG SRENH.S: RBC cuts target price to CHF 125 from CHF 143 |
| * Swiss Re AG SRENH.S: RBC cuts to underperform from sector perform |
| * Tate & Lyle TATE.L: Berenberg cuts target price to 450p from 620p |
| * Tatton Asset Management Plc TAMT.L: RBC raises target price to 875p from 850p |
| * Tecan Group AG TECN.S: Morgan Stanley cuts target price to CHF 160 from CHF 168 |
| * Theon International Plc THEON.AS: Berenberg raises target price to EUR 40 from EUR 31 |
| * Treatt Plc TET.L: Jefferies raises target price to 290p from 260p |
| * UCB SA UCB.BR: Berenberg raises target price to EUR 290 from EUR 220 |
| * Vodafone VOD.L: Citigroup raises target price to 85p from 75p |
| * Vodafone Group Plc VOD.L: Deutsche Bank raises target price to 140p from 135p |
| * Volution Group Plc FAN.L: Deutsche Bank raises target price to 680p from 600p |
| * Volution Group Plc FAN.L: Peel Hunt cuts to add from buy |
| * Volution Group Plc FAN.L: Peel Hunt raises target price to 725p from 625p |
| * Volvo B VOLVb.ST: UBS cuts target price to SEK 331 from SEK 346 |
| * Wienerberger WBSV.VI: UBS initiates coverage with sell rating and PT EUR 24 |
| * YouGov Plc YOU.L: Berenberg cuts target price to 600p from 760p |
| * YouGov Plc YOU.L: JP Morgan cuts target price to 375p from 385p |
| * YouGov Plc YOU.L: Peel Hunt cuts target price to 535p from 720p |
