| * ACS Actividades De Construcción Y Servicios ACS.MC: Barclays ups PT to EUR 127 from EUR 78 |
| * ACS Actividades De Construcción Y Servicios ACS.MC: Barclays ups to overweight from equal-weight |
| * Adidas AG ADSGn.DE: Alphavalue cuts target price to EUR 199 from EUR 247 |
| * Admiral ADML.L: Jefferies raises target price to 3,770p from 3,580p |
| * ADP ADP.PA: Citigroup cuts target price to EUR 122 from EUR 127 |
| * Aegean Airlines AGNr.AT: Barclays cuts target price to EUR 15.50 from EUR 15.70 |
| * Air France-KLM AIRF.PA: Barclays cuts target price to EUR 10.30 from EUR 11 |
| * Air France-KLM AIRF.PA: Barclays raises to equal-weight from underweight |
| * Alimak Group AB (Publ) ALIG.ST: Berenberg cuts target price to SEK 145 from SEK 180 |
| * Amplifon SpA AMPF.MI: Barclays cuts target price to EUR 16 from EUR 18 |
| * Anglo American AAL.L: JP Morgan cuts target price to 2,800p from 3,780p |
| * Anglo American AAL.L: JP Morgan cuts to underweight from neutral |
| * Antofagasta ANTO.L: Bernstein raises target price to 2,550p from 2,500p |
| * Antofagasta ANTO.L: JP Morgan cuts target price to 3,200p from 4,400p |
| * Antofagasta ANTO.L: JP Morgan cuts to neutral from overweight |
| * Aperam SA APAM.AS: JP Morgan cuts target price to EUR 40.7 from EUR 45.1 |
| * Aperam SA APAM.AS: JP Morgan cuts to neutral from overweight |
| * ArcelorMittal SA MT.AS: JP Morgan cuts target price to EUR 40 from EUR 53.5 |
| * ArcelorMittal SA MT.AS: JP Morgan cuts to underweight from overweight |
| * Aston Martin AML.L: Goldman Sachs cuts target price to 50p from 60p |
| * Atos ATOS.PA: Kepler Cheuvreux cuts target price to EUR 35 from EUR 50 |
| * Auto Trader AUTOA.L: Jefferies cuts target price to 545p from 650p |
| * Aviva AV.L: Deutsche Bank raises target price to 765p from 760p |
| * Azimut AZMT.MI: Barclays cuts target price to EUR 33.70 from EUR 36.80 |
| * Bayer AG BAYGn.DE: Barclays cuts target price to EUR 48 from EUR 50 |
| * BP BP.L: Goldman Sachs raises target price to 540p from 490p |
| * Centrica CNA.L: Kepler Cheuvreux cuts to reduce from hold |
| * Coats Group COA.L: Berenberg raises target price to 135p from 130p |
| * Coltene Holding AG CLTN.S: Kepler Cheuvreux cuts target price to CHF 55 from CHF 57 |
| * Coltene Holding AG CLTN.S: Kepler Cheuvreux cuts to hold from buy |
| * Comet COTNE.S: UBS cuts target price to CHF 300 from CHF 316 |
| * Compagnie Du Bois Sauvage SA CBOS.BR: Kepler Cheuvreux ups PT to EUR 410 from EUR 320 |
| * Dassault Aviation SA AM.PA: Kepler Cheuvreux raises PT to EUR 367 from EUR 327 |
| * Deutsche Lufthansa AG LHAG.DE: Barclays raises target price to EUR 8 from EUR 7.6 |
| * Deutsche Lufthansa AG LHAG.DE: Barclays raises to equal-weight from underweight |
| * EasyJet EZJ.L: Barclays cuts target price to 600p from 680p |
| * Endesa ELE.MC: BofA Global Research raises price objective to EUR 37.70 from EUR 26.50 |
| * Endesa ELE.MC: BofA Global Research raises to buy from underperform |
| * ENI ENI.MI: Goldman Sachs raises target price to EUR 21 from EUR 19 |
| * Equinor EQNR.OL: Goldman Sachs raises target price to NOK 240 from NOK 210 |
| * Ferrovial FER.MC: Jefferies cuts PT to EUR 60 from EUR 62.5 |
| * Ferrovial FER.MC: Jefferies cuts to hold from buy |
| * Finnair FIA1S.HE: Barclays raises to equal-weight from underweight |
| * Flughafen Zurich AG FHZN.S: Morgan Stanley raises PT to CHF 235 from CHF 226 |
| * Galderma Group AG GALD.S: Morgan Stanley raises target price to CHF 155 from CHF 145 |
| * Glencore GLEN.L: JP Morgan cuts target price to 460p from 520p |
| * Globaldata Plc DATA.L: Peel Hunt cuts target price to 140p from 225p |
| * Grafton Group GFTU_u.L: Peel Hunt raises target price to 1170p from 1130p |
| * Gurit GURN.S: UBS raises target price to CHF 25 from CHF 19 |
| * Hellofresh SE HFGG.DE: Jefferies cuts target price to EUR 8.7 from EUR 15 |
| * Hemnet HEM.ST: Jefferies cuts target price to SEK 235 from SEK 310 |
| * Hensoldt AG HAGG.DE: Jefferies raises to buy from hold |
| * Hermes HRMS.PA: HSBC raises target price to EUR 2350 from EUR 2250 |
| * Hermes HRMS.PA: HSBC raises to buy from hold |
| * Hochtief AG HOTG.DE: Barclays raises target price to EUR 419 from EUR 280 |
| * Hunting HTG.L: Barclays raises target price to 550p from 480p |
| * ICoP SpA Sb ICOP.MI: Kepler Cheuvreux raises target price to EUR 28.50 from EUR 20.50 |
| * IMI Plc IMI.L: Berenberg raises target price to 3300p from 3100p |
| * IMI Plc IMI.L: Deutsche Bank raises target price to 3,250p from 2,900p |
| * IMI Plc IMI.L: Peel Hunt raises target price to 3,350p from 3,200p |
| * IMI Plc IMI.L: Stifel raises target price to 3,250p from 2,750p |
| * Indra IDR.MC: Alphavalue raises target price to EUR 56.20 from EUR 40.80 |
| * Indra IDR.MC: Kepler Cheuvreux raises target price to EUR 76 from EUR 66 |
| * International Airlines Group ICAG.L: Barclays raises to overweight from equal-weight |
| * Intertek ITRK.L: RBC cuts target price to 4,475p from 4,750p |
| * Jet2 Plc JET2.L: Barclays cuts target price to 1,700p from 1,900p |
| * Kering PRTP.PA: HSBC cuts target price to EUR 310 from EUR 340 |
| * Kering PRTP.PA: HSBC raises to buy from hold |
| * Leonardo LDOF.MI: Barclays raises target price to EUR 68 from EUR 53 |
| * Leonardo LDOF.MI: Barclays raises to overweight from equal-weight |
| * Lottomatica Group S.P.A. LTMC.MI: Barclays raises target price to EUR 31 from EUR 26 |
| * LVMH LVMH.PA: HSBC raises target price to EUR 705 from EUR 700 |
| * Melrose Industries MRON.L: Kepler Cheuvreux cuts target price to 575p from 600p |
| * Merck KGaA MRCG.DE: Deutsche Bank cuts target price to EUR 125 from EUR 132 |
| * Moncler MONC.MI: HSBC raises target price to EUR 72 from EUR 60 |
| * Moncler MONC.MI: HSBC raises to buy from hold |
| * Munich Re MUVGn.DE: RBC cuts target price to EUR 570 from EUR 600 |
| * Nemetschek SE NEKG.DE: Citigroup cuts target price to EUR 102 from EUR 135 |
| * Nemetschek SE NEKG.DE: Kepler Cheuvreux cuts target price to EUR 87 from EUR 130 |
| * Nexi SpA NEXII.MI: Morgan Stanley cuts target price to EUR 3 from EUR 3.85 |
| * Nexi SpA NEXII.MI: Morgan Stanley raises to equal weight from underweight |
| * Nexi SpA NEXII.MI: UBS cuts target price to EUR 6 from EUR 7 |
| * Norwegian Air Shuttle As NAS.OL: Barclays cuts target price to NOK 20 from NOK 22 |
| * NTG Nordic Transport Group As NTGNT.CO: Berenberg cuts PT to DKK 300 from DKK 306 |
| * Ocado OCDO.L: Jefferies cuts target price to 225p from 360p |
| * Orange SA ORAN.PA: Kepler Cheuvreux raises target price to EUR 18 from EUR 15.30 |
| * Orange SA ORAN.PA: Kepler Cheuvreux cuts to hold from buy |
| * Pandora PNDORA.CO: Citigroup cuts target price to DKK 539 from DKK 574 |
| * PSP Swiss Property PSPN.S: Barclays raises target price to CHF 151 from CHF 135 |
| * R&S Group RSGN.S: UBS raises target price to CHF 25 from CHF 21.90 |
| * Reckitt RKT.L: JP Morgan cuts target price to 5,800p from 6,100p |
| * Rentokil RTO.L: Stifel raises target price to 460p from 390p |
| * Repsol REP.MC: Goldman Sachs raises target price to EUR 20 from EUR 18 |
| * Richemont CFR.S: HSBC cuts target price to CHF 190 from CHF 220 |
| * Rio Tinto RIO.L: Bernstein cuts target price to 5,800p from 6,100p |
| * Rio Tinto RIO.L: JP Morgan cuts target price to 7,220p from 7,840p |
| * Rio Tinto RIO.L: JP Morgan cuts to neutral from overweight |
| * Rockwool ROCKb.CO: Kepler Cheuvreux raises target price to DKK 245 from DKK 215 |
| * Rockwool ROCKb.CO: Kepler Cheuvreux raises to buy from hold |
| * Ryanair RYA.I: Barclays cuts target price to EUR 32.50 from EUR 33 |
| * Sage Group SGE.L: Citigroup cuts target price to 1150p from 1400p |
| * SAP SE SAPG.DE: Citigroup cuts target price to EUR 225 from EUR 280 |
| * Serco Group Plc SRP.L: Berenberg raises target price to 350p from 330p |
| * SES SA SESFd.PA: Barclays cuts target price to EUR 5.85 from EUR 6 |
| * Shell SHEL.AS: Goldman Sachs raises target price to EUR 42 from EUR 37 |
| * Sinch AB SINCH.ST: BofA Global Research cuts price objective to SEK 25 from SEK 35 |
| * Sinch AB SINCH.ST: BofA Global Research cuts to underperform from neutral |
| * Solvac SA SOAC.BR: Degroof Petercam cuts target price to EUR 96.70 from EUR 122.30 |
| * Spie SPIE.PA: Morgan Stanley raises target price to EUR 51 from EUR 49.50 |
| * Strix Group Plc KETL.L: Stifel cuts target price to 54p from 62p |
| * Ströer SE & Co KGaA SAXG.DE: Barclays cuts target price to EUR 35 from EUR 38 |
| * Swatch UHR.S: HSBC raises target price to CHF 170 from CHF 120 |
| * Swatch UHR.S: HSBC raises to hold from reduce |
| * Swiss Prime Site SPSN.S: Barclays raises target price to CHF 160 from CHF 118 |
| * Syensqo NV SYENS.BR: Degroof Petercam reinstates coverage with target price EUR 66 |
| * Syensqo NV SYENS.BR: Degroof Petercam reinstates coverage with buy rating |
| * Taylor Wimpey TW.L: Jefferies raises target price to 136p from 132p |
| * Totalenergies SE TTEF.PA: Goldman Sachs raises target price to EUR 68 from EUR 60 |
| * TUI AG TUI1n.DE: Barclays cuts target price to EUR 11 from EUR 12 |
| * Universal Music Group UMG.AS: Barclays cuts target price to EUR 25 from EUR 27 |
| * Vanquis Banking Group VANQ.L: Berenberg initiates coverage with buy rating |
| * Vanquis Banking Group VANQ.L: Berenberg initiates coverage with target price 165p |
| * Vistry Group Plc VTYV.L: Jefferies cuts target price to 511p from 659p |
| * Voestalpine AG VOES.VI: JP Morgan cuts target price to EUR 36.2 from EUR 50 |
| * Voestalpine AG VOES.VI: JP Morgan cuts to underweight from overweight |
| * Vossloh AG VOSG.DE: Deutsche Bank cuts target price to EUR 88 from EUR 108 |
| * Weir Group WEIR.L: Citigroup cuts target price to 3550p from 3700p |
| * Wizz Air WIZZ.L: Barclays raises target price to 1,200p from 1,150p |
| * Zegona Communications Plc ZEG.L: Berenberg raises target price to 2,300p from 1,600p |
| * Zehnder Group AG ZEHN.S: UBS raises target price to CHF 97 from CHF 91 |
