| * Accelleron ACLN.S: UBS raises target price to CHF 81 from CHF 71.3 |
| * Aegean Airlines AGNr.AT: Barclays cuts target price to EUR 15 from EUR 15.5 |
| * Ageas N.V. AGES.BR: Barclays raises target price to EUR 66.5 from EUR 66 |
| * Aixtron SE AIXGn.DE: JP Morgan raises target price to EUR 36.5 from EUR 31 |
| * Aker BP ASA AKRBP.OL: Alphavalue raises to reduce from sell |
| * Antofagasta ANTO.L: Scotiabank raises to sector perform from sector underperform |
| * ASR Nederland NV ASRNL.AS: Barclays raises target price to EUR 70 from EUR 66.4 |
| * Atalaya Mining Copper SA ATYM.L: BofA Global Research cuts PT to 1150p from 1350p |
| * Balfour Beatty BALF.L: Jefferies raises target price to 900p from 650p |
| * Beiersdorf AG BEIG.DE: Berenberg cuts target price to EUR 83 from EUR 144 |
| * Beiersdorf AG BEIG.DE: Berenberg cuts to hold from buy |
| * Billerud AB (Publ) BILL.ST: Jefferies cuts target price to SEK 99 from SEK 107 |
| * Central Asia Metals Plc CAML.L: Peel Hunt cuts target price to 230p from 245p |
| * Cosmo Pharmaceuticals NV COPN.S: Berenberg raises PT to CHF 120 from CHF 79 |
| * Croda CRDA.L: Goldman Sachs raises target price to 3200p from 2800p |
| * Croda CRDA.L: Goldman Sachs raises to buy from sell |
| * Diasorin SpA DIAS.MI: Equita cuts to hold from buy |
| * Diasorin SpA DIAS.MI: Morgan Stanley cuts target price to EUR 60 from EUR 65 |
| * Diploma Plc DPLM.L: Jefferies raises target price to 5,700p from 5,200p |
| * Docmorris DOCM.S: Deutsche Bank cuts target price to CHF 4.5 from CHF 7 |
| * DR ING HC F Porsche AG P911_p.DE: Goldman Sachs cuts PT to EUR 36 from EUR 40 |
| * DRAX Group Plc DRX.L: HSBC raises target price to 880p from 850p |
| * DSV DSV.CO: Morgan Stanley raises target price to DKK 2,040 from DKK 2,000 |
| * Elia Group SA ELI.BR: Goldman Sachs raises target price to EUR 145 from EUR 125 |
| * Elis ELIS.PA: Deutsche Bank raises target price to EUR 30 from EUR 28.2 |
| * Endesa ELE.MC: HSBC raises target price to EUR 37.6 from EUR 29.2 |
| * Energias De Portugal EDP.LS: HSBC raises target price to EUR 5.2 from EUR 4.7 |
| * Engie ENGIE.PA: HSBC raises target price to EUR 29.5 from EUR 22.3 |
| * Financiere De Tubize SA TUB.BR: Degroof Petercam raises PT to EUR 286 from EUR 244 |
| * Foxtons Group Plc FOXT.L: Peel Hunt cuts target price to 50p from 55p |
| * Fraport FRAG.DE: Alphavalue raises to add from reduce |
| * Generali GASI.MI: Barclays raises target price to EUR 28.5 from EUR 28 |
| * Grenke AG GLJn.DE: Deutsche Bank cuts target price to EUR 19 from EUR 20 |
| * Hannover Re HNRGn.DE: Barclays raises target price to EUR 239 from EUR 233 |
| * Hellofresh HFGG.DE: UBS cuts target price to EUR 6.1 from EUR 10.8 |
| * Hermes HRMS.PA: Morgan Stanley cuts target price to EUR 2280 from EUR 2530 |
| * Inwit S.P.A. INWT.MI: Deutsche Bank cuts target price to EUR 9.5 from EUR 12.5 |
| * J D Wetherspoon JDW.L: Deutsche Bank cuts target price to 460p from 490p |
| * J D Wetherspoon JDW.L: Morgan Stanley cuts target price to 650p from 720p |
| * Johnson Matthey JMAT.L: Berenberg cuts target price to 2,100p from 2,250p |
| * Krones AG KRNG.DE: Baader Europe cuts target price to EUR 150 from EUR 168 |
| * Lanxess AG LXSG.DE: UBS cuts target price to EUR 10 from EUR 14 |
| * Legal & General Group Plc LGEN.L: RBC raises target price to 220p from 205p |
| * LVMH LVMH.PA: JP Morgan cuts target price to EUR 580 from EUR 610 |
| * LVMH LVMH.PA: RBC cuts target price to EUR 600 from EUR 625 |
| * Maersk MAERSKb.CO: Morgan Stanley raises target price to DKK 8,700 from DKK 8,500 |
| * Melrose Industries MRON.L: Deutsche Bank cuts target price to 570p from 620p |
| * Moncler MONC.MI: RBC cuts target price to EUR 59 from EUR 60 |
| * Munich Re MUVGn.DE: Barclays cuts target price to EUR 606 from EUR 613 |
| * National Grid NG.L: HSBC raises target price to 1500p from 1280p |
| * National Grid Plc NG.L: Goldman Sachs cuts to neutral from buy |
| * NN Group NN.AS: Barclays raises target price to EUR 72 from EUR 70.5 |
| * Novartis AG NOVN.S: BofA Global Research raises PT to CHF 140 from CHF 130 |
| * Oxford Biomedica Plc OXB.L: Jefferies resumes coverage with buy rating |
| * Oxford Biomedica Plc OXB.L: Jefferies resumes coverage with price target 827p |
| * Pandora PNDORA.CO: RBC cuts target price to DKK 575 from DKK 600 |
| * Pandora PNDORA.CO: Jefferies cuts target price to DKK 480 from DKK 530 |
| * RWE RWEG.DE: HSBC raises target price to EUR 66 from EUR 55 |
| * RWE AG RWEG.DE: Morgan Stanley raises target price to EUR 65 from EUR 60 |
| * Ryanair RYA.I: Morgan Stanley cuts target price to EUR 29 from EUR 33 |
| * Sabre Insurance Group Plc SBRE.L: Barclays cuts target price to 181p from 183p |
| * Saga Plc SAGA.L: Peel Hunt raises target price to 700p from 120p |
| * Saga Plc SAGA.L: Peel Hunt raises to buy from hold |
| * Sandoz Group AG SDZ.S: RBC cuts to sector perform from outperform |
| * Sandoz Group AG SDZ.S: RBC raises target price to CHF 65 from CHF 53 |
| * Sartorius AG SATG_p.DE: UBS raises target price to EUR 240 from EUR 230 |
| * SCA AB SCAb.ST: Jefferies cuts target price to SEK 135 from SEK 137 |
| * Scor SCOR.PA: Barclays raises target price to EUR 30.7 from EUR 30.2 |
| * Smiths Group SMIN.L: Panmure Liberum cuts target price to 3070p from 3110p |
| * Snam SRG.MI: HSBC raises target price to EUR 6.4 from EUR 5.3 |
| * Soitec SA SOIT.PA: JP Morgan raises target price to EUR 50 from EUR 33 |
| * SSE SSE.L: Goldman Sachs raises target price to 2812p from 2535p |
| * SSE SSE.L: Goldman Sachs cuts to neutral from buy |
| * SSE SSE.L: HSBC raises target price to 3000p from 2550p |
| * Swiss Life Holding SLHN.S: Barclays cuts PT to CHF 890 from CHF 905 |
| * Swiss Re SRENH.S: Barclays cuts target price to CHF 118 from CHF 119 |
| * Technogym TGYM.MI: UBS cuts to neutral from buy |
| * Technoprobe SpA TPRO.MI: UBS cuts target price to EUR 18 from EUR 19 |
| * TP TEPRF.PA: Citigroup cuts target price to EUR 50 from EUR 97 |
| * TP TEPRF.PA: Citigroup cuts to neutral from buy |
| * Unipol UNPI.MI: Barclays raises target price to EUR 22 from EUR 21 |
| * Veolia Environnement VIE.PA: HSBC raises target price to EUR 38 from EUR 37 |
| * Yara YAR.OL: UBS raises target price to NOK 500 from NOK 420 |
