| * Accelleron ACLN.S: Deutsche Bank raises target price to CHF 45 from CHF 42 |
| * Alfa ALFAAL.L: Barclays raises target price to 270p from 250p |
| * Allegro ALEP.WA: Barclays cuts target price to PLN 30 from PLN 31 |
| * Allfunds Group Plc ALLFG.AS: UBS raises target price to EUR 6.3 from EUR 5.9 |
| * Allfunds Group Plc ALLFG.AS: UBS raises to buy from neutral |
| * Ashmore ASHM.L: UBS raises to buy from neutral; raises PT to 180p from 175p |
| * Auto1 Group SE AG1G.DE: Exane BNP Paribas raises target price to EUR 30 from EUR 19 |
| * Auto1 Group SE AG1G.DE: Exane BNP Paribas raises to outperform from neutral |
| * Autostore AUTO.OL: Deutsche Bank initiates coverage with buy rating and PT NOK 14.1 |
| * Aviva AV.L: HSBC raises target price to 655p from 565p |
| * Bridgepoint Group BPTB.L: Deutsche Bank raises target price to 345p from 330p |
| * C&C Group GCC.L: Deutsche Bank cuts target price to 165p from 185p |
| * Canal+ CAN.L: Deutsche Bank initiates coverage with buy rating and target price 240p |
| * Carel Industries SpA CRLI.MI: Kepler Cheuvreux raises PT to EUR 17.5 from EUR 15 |
| * Carel Industries SpA CRLI.MI: Kepler Cheuvreux raises to hold from reduce |
| * Carlsberg CARLb.CO: RBC raises target price to DKK 1020 from DKK 890 |
| * Carlsberg CARLb.CO: RBC raises to outperform from sector perform |
| * Cucinelli BCU.MI: Stifel cuts target price to EUR 120 from EUR 125 |
| * Deliveroo ROO.L: HSBC cuts target price to 170p from 175p |
| * Deliveroo Plc ROO.L: Barclays cuts target price to 185p from 200p |
| * Deliveroo Plc ROO.L: Deutsche Bank cuts target price to 175p from 190p |
| * Dexco DXCO3.SA: HSBC cuts target price to Brl 8 from Brl 9.75 |
| * DR ING HC F Porsche AG P911_p.DE: Bernstein cuts target price to EUR 57 from EUR 64 |
| * DR ING HC F Porsche AG P911_p.DE: HSBC cuts target price to EUR 59 from EUR 60 |
| * Endeavour Mining EDV.L: Barclays cuts target price to 2215p from 2270p |
| * Entain ENT.L: Berenberg raises target price to 1,100p from 1,035p |
| * Fraport FRAG.DE: Citigroup cuts target price to EUR 70 from EUR 72 |
| * Galenica GALE.S: UBS cuts target price to CHF 83 from CHF 83.5 |
| * Galenica GALE.S: UBS cuts to neutral from buy |
| * Gbl GBLB.BR: KBC Securities cuts target price to 86 EUR from EUR 100 ; rating 'buy' |
| * Getlink GETP.PA: Citigroup cuts target price to EUR 19.4 from EUR 20 |
| * Getlink GETP.PA: JP Morgan cuts target price to EUR 18 from EUR 19 |
| * Givaudan GIVN.S: UBS cuts target price to CHF 4280 from CHF 4310 |
| * Grenke AG GLJn.DE: Deutsche Bank cuts target price to EUR 22 from EUR 24 |
| * Halma HLMA.L: Deutsche Bank cuts target price to 2760p from 2810p |
| * Hannover Rueck SE HNRGn.DE: Berenberg raises target price to EUR 314 from EUR 260 |
| * Hannover Rueck SE HNRGn.DE: Citigroup raises target price to EUR 285 from EUR 269 |
| * Hannover Rueck SE HNRGn.DE: JP Morgan raises target price to EUR 320 from EUR 300 |
| * Hannover Rueck SE HNRGn.DE: RBC raises target price to EUR 308 from EUR 297 |
| * Harbour Energy Plc HBR.L: Canaccord Genuity cuts target price to 260p from 360p |
| * Heineken NV HEIN.AS: RBC raises target price to EUR 92 from EUR 80 |
| * Heineken NV HEIN.AS: RBC raises to outperform from sector perform |
| * Henkel AG & Co KGaA HNKG.DE: Jefferies cuts target price to EUR 80 from EUR 91 |
| * Hugo Boss BOSSn.DE: Deutsche Bank cuts target price to EUR 45 from EUR 52 |
| * Hugo Boss BOSSn.DE: Deutsche Bank cuts to hold from buy |
| * Hugo Boss AG BOSSn.DE: Jefferies cuts target price to EUR 36 from EUR 45 |
| * Hugo Boss AG BOSSn.DE: UBS cuts target price to EUR 38 from EUR 49 |
| * Hugo Boss AG BOSSn.DE: UBS cuts to neutral from buy |
| * Hugo Boss AG BOSSn.DE: UBS cuts to neutral from buy; cuts PT to EUR 38 from EUR 49 |
| * Inficon IFCN.S: Deutsche Bank cuts target price to CHF 1050 from CHF 1150 |
| * Ithaca Energy ITH.L: Barclays cuts target price to 100p from 155p |
| * Kingfisher KGF.L: Jefferies raises target price to 280p from 270p |
| * Koninklijke Ahold Delhaize NV AD.AS: Goldman Sachs raises PT to EUR 40 from EUR 39 |
| * Koninklijke Ahold Delhaize NV AD.AS: Goldman Sachs raises to buy from neutral |
| * Mercedes-Benz Group AG MBGn.DE: RBC raises target price to EUR 79 from EUR 78 |
| * Merck KGaA MRCG.DE: HSBC cuts target price to EUR 165 from EUR 180 |
| * Persimmon PSN.L: Peel Hunt raises target price to 1,350p from 1,300p |
| * Puma SE PUMG.DE: Deutsche Bank cuts target price to EUR 34 from EUR 55 |
| * Puma SE PUMG.DE: UBS cuts target price to EUR 19.5 from EUR 43.9 |
| * Puma SE PUMG.DE: UBS cuts to sell from neutral |
| * Puma SE PUMG.DE: UBS cuts to sell from neutral; cuts PT to EUR 19.50 from EUR 43.90 |
| * Recordati RECI.MI: RBC raises target price to EUR 55 from EUR 53 |
| * Redcare Pharmacy NV RDC.DE: Berenberg raises target price to EUR 200 from EUR 190 |
| * Redcare Pharmacy NV RDC.DE: Kepler Cheuvreux raises PT to EUR 152 from EUR 138 |
| * Redcare Pharmacy NV RDC.DE: Kepler Cheuvreux raises to buy from hold |
| * Relx Plc REL.L: Barclays raises target price to 4275p from 4220p |
| * Relx Plc REL.L: Barclays raises to overweight from equal-weight |
| * Reply SpA REY.MI: UBS raises target price to EUR 182 from EUR 174 |
| * Rightmove RMV.L: Peel Hunt raises target price to 840p from 700p |
| * Rotork Plc ROR.L: RBC raises target price to 370p from 340p |
| * Sanofi SASY.PA: Guggenheim raises target price to EUR 121 from EUR 120 |
| * SFS Group AG SFSN.S: Berenberg raises target price to CHF 135 from CHF 130 |
| * Spire Healthcare Group Plc SPI.L: Berenberg cuts target price to 255p from 300p |
| * target Healthcare REIT Plc THRLT.L: Jefferies raises target price to 100p from 94p |
| * Tecan TECN.S: Deutsche Bank cuts target price to CHF 219 from CHF 225 |
| * Thales TCFP.PA: Deutsche Bank raises target price to EUR 265 from EUR 182 |
| * ThyssenKrupp TKAG.DE: Morgan Stanley cuts to underweight from equal-weight |
| * ThyssenKrupp TKAG.DE: Morgan Stanley raises target price to EUR 6.6 from EUR 3.9 |
| * Trainline TRNT.L: JP Morgan cuts target price to 370p from 400p |
| * Trainline Plc TRNT.L: Barclays cuts target price to 325p from 440p |
| * Vat Group AG VACN.S: JP Morgan cuts target price to CHF 437 from CHF 457 |
| * Vienna Insurance Group VIGR.VI: HSBC raises target price to EUR 43 from EUR 37.5 |
| * Volkswagen AG VOWG.DE: HSBC raises target price to EUR 136 from EUR 125 |
| * Wacker Chemie AG WCHG.DE: Stifel raises target price to EUR 80 from EUR 77 |
| * Wacker Chemie AG WCHG.DE: Stifel raises target price to EUR 80 from EUR 77 |
| * Wise Plc WISEA.L: HSBC cuts target price to 1000p from 1150p |