| * Alfa Laval ALFA.ST: JP Morgan cuts target price to SEK 499 from SEK 509 |
| * Beijer Ref BEIJb.ST: Jefferies cuts target price to SEK 180 from SEK 200 |
| * Berkeley Group BKGH.L: JP Morgan raises target price to 5000p from 4700p |
| * Berkeley Group BKGH.L: JP Morgan raises to overweight from neutral |
| * Boliden BOL.ST: RBC raises target price to SEK 580 from SEK 550 |
| * Carlsberg CARLb.CO: RBC raises target price to DKK 1080 from DKK 1010 |
| * Demant DEMANT.CO: JP Morgan cuts target price to DKK 250 from DKK 288 |
| * Electrolux ELUXb.ST: Alphavalue cuts target price to SEK 101 from SEK 123 |
| * Evolution EVOG.ST: Alphavalue cuts target price to SEK 804 from SEK 1209 |
| * Interroll Holding AG INRN.S: Baader Europe cuts target price to CHF 2,275 from CHF 2,464 |
| * Intesa Sanpaolo ISP.MI: UBS raises target price to EUR 6.55 from EUR 6.45 |
| * Ithaca Energy Plc ITH.L: Jefferies cuts target price to 210p from 220p |
| * Julius Baer BAER.S: Barclays cuts target price to CHF 63.7 from CHF 66.1 |
| * Knorr Bremse AG KBX.DE: Jefferies raises target price to EUR 117 from EUR 101 |
| * LVMH LVMH.PA: Citigroup cuts target price to EUR 664 from EUR 699 |
| * Melexis MLXS.BR: KBC Securities cuts PT to EUR 72 from EUR 74; rating ‘accumulate’ |
| * MTU Aero Engines MTXGn.DE: Barclays raises target price to EUR 430 from EUR 420 |
| * Netcompany Group A/S NETCG.CO: Deutsche Bank ups PT to DKK 350 from DKK 310 |
| * Nexi S.P.A. NEXII.MI: Deutsche Bank cuts target price to EUR 4.1 from EUR 4.3 |
| * Next 15 Group Plc NFGN.L: Berenberg cuts target price to 510p from 580p |
| * Orsero ORSO.MI: Midcap Partners cuts target price to EUR 26.3 from EUR 26.6; rating ‘buy’ |
| * Publicis PUBP.PA: Citigroup cuts target price to EUR 99 from EUR 109 |
| * Publicis PUBP.PA: Deutsche Bank cuts target price to EUR 90 from EUR 95 |
| * Publicis Groupe SA PUBP.PA: Barclays cuts target price to EUR 95 from EUR 115 |
| * Publicis Groupe SA PUBP.PA: Barclays cuts to equal-weight from overweight |
| * Racing FORCE: Midcap Partners raises PT to EUR 6.5 from EUR 6.4 ; rating ‘buy’ |
| * Roche Holding AG ROG.S: Morgan Stanley raises target price to CHF 295 from CHF 290 |
| * Rotork Plc ROR.L: Exane BNP Paribas raises target price to 415p from 370p |
| * Rotork Plc ROR.L: Exane BNP Paribas raises to outperform from neutral |
| * Sanofi SASY.PA: HSBC cuts target price to EUR 95 from EUR 98 |
| * Santander SAN.MC: Morgan Stanley cuts to equal weight from overweight |
| * Santander SAN.MC: Morgan Stanley raises target price to EUR 11.5 from EUR 11 |
| * Sartorius AG SATG.DE: Jefferies raises target price to EUR 236 from EUR 220 |
| * Sartorius AG SATG_p.DE: Barclays cuts PT to EUR 280 from EUR 300 |
| * Sartorius AG SATG_p.DE: Jefferies raises target price to EUR 295 from EUR 275 |
| * Sartorius Stedim Biotech STDM.PA: Barclays cuts target price to EUR 230 from EUR 250 |
| * Sartorius Stedim Biotech SA STDM.PA: Jefferies raises target price to EUR 256 from EUR 236 |
| * Schaeffler AG SHA0n.DE: BofA Global Research raises PT to EUR 13 from EUR 8 |
| * Securitas AB SECUb.ST: RBC raises target price to SEK 180 from SEK 170 |
| * Serica Energy Plc SQZ.L: Jefferies raises target price to 250p from 230p |
| * SIG SHI.L: Deutsche Bank cuts target price to 5p from 13p |
| * SIG SHI.L: Deutsche Bank cuts to sell from hold |
| * SKF SKFb.ST: JP Morgan cuts target price to SEK 215 from SEK 245 |
| * SKF SKFb.ST: JP Morgan cuts to underweight from neutral |
| * Tele2 AB TEL2b.ST: Alphavalue raises target price to SEK 159 from SEK 143 |
| * Tele2 AB TEL2b.ST: Berenberg raises target price to SEK 146 from SEK 135 |
| * Tryg TRYG.CO: Jefferies cuts target price to DKK 164 from DKK 169 |
| * Tullow Oil Plc TLW.L: Jefferies raises raises target price to 7p from 6p |
| * Tullow Oil Plc TLW.L: Jefferies raises to hold from underperform |
| * Unicaja Banco SA UNI.MC: Morgan Stanley raises target price to EUR 2.35 from EUR 2.25 |
| * Westwing Group SE WEW.DE: Berenberg initiates coverage with buy rating |
| * Westwing Group SE WEW.DE: Berenberg initiates coverage with target price EUR 25 |
| * Wizz Air Holdings WIZZ.L: UBS raises target price to 16.3p from 15.8p |