| * Air Liquide AIRP.PA: Jefferies cuts target price to EUR 208 from EUR 210 |
| * Akzo Nobel NV AKZO.AS: HSBC cuts target price to EUR 58 from EUR 59 |
| * Alpha Bank ACBr.AT: Deutsche Bank raises target price to EUR 3 from EUR 2.35 |
| * Alphawave IP Group Plc AWE.L: Jefferies raises target price to 160p from 108p |
| * Alphawave IP Group Plc AWE.L: Jefferies raises to buy from hold |
| * Andritz AG ANDR.VI: Exane BNP Paribas raises target price to EUR 72 from EUR 51 |
| * Andritz AG ANDR.VI: Exane BNP Paribas raises to outperform from neutral |
| * Bakkavor Group Plc BAKK.L: Deutsche Bank raises target price to 200p from 170p |
| * Basic-Fit NV BFIT.AS: Jefferies cuts target price to EUR 28 from EUR 33 |
| * BMW BMWG.DE: Citigroup cuts target price to EUR 75 from EUR 78 |
| * Buzzi BZU.MI: Citigroup raises target price to EUR 50 from EUR 38 |
| * Coloplast COLOb.CO: Morgan Stanley cuts target price to DKK 694 from DKK 725 |
| * CVC Capital Partners Plc CVC.AS: JP Morgan cuts target price to EUR 20.8 from EUR 22.1 |
| * Danone DANO.PA: Jefferies raises target price to EUR 61 from EUR 56 |
| * Delivery Hero SE DHER.DE: JP Morgan cuts target price to EUR 47 from EUR 50 |
| * Delta Plus Group SA ALDLT.PA: Midcap Partners cuts PT to EUR 70.0 from EUR 74.0; rating ‘buy’ |
| * Delta Plus Group SA ALDLT.PA: Portzamparc cuts PT to EUR 72 from EUR 74; rating ‘buy’ |
| * DR ING HC F Porsche AG P911_p.DE: Citigroup cuts target price to EUR 60 from EUR 65 |
| * Ecora Resources Plc ECORE.L: Peel Hunt cuts target price to 120p from 140p |
| * Engie SA ENGIE.PA: Bernstein raises target price to EUR 21.5 from EUR 18.9 |
| * Eurobank EURBr.AT: Deutsche Bank raises target price to EUR 3.6 from EUR 2.95 |
| * Evonik Industries AG EVKn.DE: Berenberg raises target price to EUR 20 from EUR 18 |
| * Freenet FNTGn.DE: Barclays raises target price to EUR 38 from EUR 37.5 |
| * Gerresheimer AG GXIG.DE: Bernstein cuts target price to EUR 85.1 from EUR 100.4 |
| * Grand City Properties GYC.DE: Barclays cuts target price to EUR 10 from EUR 12.2 |
| * Hensoldt AG HAGG.DE: Exane BNP Paribas cuts to underperform rating |
| * Intercontinental Hotels Group Plc IHG.L: Barclays cuts PT to 9600p from 11300p |
| * Ithaca Energy Plc ITH.L: Stifel raises target price to 138p from 118p |
| * Jerónimo Martins JMT.LS: Barclays raises target price to EUR 22.2 from EUR 22 |
| * KION GROUP AG KGX.DE: JP Morgan cuts price target to EUR 42 from EUR 43 |
| * LEG Immobilien LEGn.DE: Barclays cuts target price to EUR 70 from EUR 100 |
| * LEG Immobilien LEGn.DE: Barclays cuts to equal-weight from overweight |
| * Marks and Spencer Group Plc MKS.L: Morgan Stanley cuts target price to 427p from 441p |
| * Mercedes-Benz Group AG MBGn.DE: Citigroup cuts target price to EUR 54 from EUR 60 |
| * National Bank of Greece NBGr.AT: Deutsche Bank raises PT to EUR 11.5 from EUR 10.15 |
| * Neste Corporation NESTE.HE: Morgan Stanley cuts target price to EUR 10.4 from EUR 15 |
| * Novartis NOVN.S: Deutsche Bank raises target price to CHF 115 from CHF 110 |
| * Novo Nordisk NOVOb.CO: Jefferies cuts target price to DKK 415 from DKK 450 |
| * Piraeus Bank BOPr.AT: Deutsche Bank raises target price to EUR 6.5 from EUR 5.4 |
| * Renk Group AG R3NK.DE: Exane BNP Paribas cuts to neutral rating |
| * Rotork Plc ROR.L: Peel Hunt raises target price to 400p from 380p |
| * SCA AB SCAb.ST: Morgan Stanley cuts target price to SEK 145 from SEK 154 |
| * SEB Group SEBa.ST: UBS raises target price to SEK 162 from SEK 155 |
| * Securitas SECUb.ST: UBS raises target price to SEK 150 from SEK 110 |
| * Shaftesbury Capital Plc SHCS.L: Stifel raises target price to 165p from 130p |
| * Shaftesbury Capital Plc SHCS.L: Stifel raises to buy from hold |
| * Sonova Holding AG SOON.S: Morgan Stanley cuts target price to CHF 265 from CHF 267 |
| * SSE SSE.L: Jefferies cuts target price to 1850p from 1930p |
| * Stellantis NV STLAM.MI: Citigroup cuts target price to EUR 11 from EUR 12 |
| * Straumann Holding AG STMN.S: Morgan Stanley cuts target price to CHF 129 from CHF 130 |
| * TAG Immobilien AG TEGG.DE: Barclays cuts target price to EUR 13.7 from EUR 15.9 |
| * Travis Perkins TPK.L: Citigroup cuts target price to 600p from 920p |
| * Travis Perkins TPK.L: Peel Hunt raises to buy from add; cuts PT to 750p from 900p |
| * Travis Perkins TPK.L: UBS cuts target price to 530p from 750p |
| * Valeo VLOF.PA: HSBC cuts target price to EUR 9.5 from EUR 10.5 |
| * Victrex Plc VCTX.L: Jefferies cuts target price to 960p from 1,140p |
| * Volkswagen AG VOWG_p.DE: Citigroup cuts target price to EUR 120 from EUR 125 |
| * Vonovia VNAn.DE: Barclays cuts target price to EUR 24 from EUR 28 |
