| * ABB Ltd ABBN.S: Kepler Cheuvreux cuts target price to CHF 50 from CHF 52.5 |
| * ABB Ltd ABBN.S: Kepler Cheuvreux raises to buy from hold |
| * Adecco Group ADEN.S: Morgan Stanley cuts target price to CHF 19.5 from CHF 21 |
| * Aena AENA.MC: Goldman Sachs cuts to sell from neutral |
| * Ahold Delhaize AD.AS: Barclays cuts target price to EUR 31 from EUR 32.5 |
| * AIB Group Plc AIBG.I: Citigroup cuts target price to EUR 7 from EUR 7.30 |
| * Aixtron SE AIXGn.DE: Jefferies cuts target price to EUR 10 from EUR 13 |
| * Aker BP AKRBP.OL: Citigroup cuts target price to NOK 205 from NOK 220 |
| * ams-OSRAM AG AMS.S: Deutsche Bank cuts target price to CHF 10 from CHF 12 |
| * ams-OSRAM AG AMS.S: Jefferies cuts target price to CHF 9.50 from CHF 12 |
| * Ariston Holding NV ARIS.MI: Morgan Stanley cuts target price to EUR 3.3 from EUR 3.4 |
| * ASM International ASMI.AS: Deutsche Bank cuts target price to EUR 525 from EUR 675 |
| * ASMI ASMI.AS: Jefferies cuts target price to EUR 660 from EUR 840 |
| * ASML ASML.AS: Deutsche Bank cuts target price to EUR 750 from EUR 875 |
| * At&S ATSV.VI: Deutsche Bank cuts target price to EUR 11 from EUR 12 |
| * Atlas Copco ATCOa.ST: Deutsche Bank cuts target price to SEK 155 from SEK 172 |
| * Bank of Ireland Group Plc BIRG.I: Citigroup cuts target price to EUR 12 from EUR 12.50 |
| * Barry Callebaut AG BARN.S: Citigroup cuts target price to CHF 1,335 from CHF 1,420 |
| * Bawag Group BAWG.VI: HSBC raises target price to EUR 121 from EUR 120 |
| * BE Semiconductor BESI.AS: Deutsche Bank cuts target price to EUR 95 from EUR 110 |
| * Buzzi SpA BZU.MI: Morgan Stanley cuts target price to EUR 42 from EUR 44 |
| * Cembra Money Bank AG CMBN.S: UBS raises target price to CHF 93.2 from CHF 74 |
| * Comet Group COTNE.S: Deutsche Bank cuts target price to CHF 280 from CHF 330 |
| * DHL Group DHLn.DE: Bernstein cuts target price to EUR 39 from EUR 46 |
| * DSV DSV.CO: Bernstein cuts target price to DKK 1,600 from DKK 1,800 |
| * Elmos ELGG.DE: Deutsche Bank cuts target price to EUR 65 from EUR 75 |
| * Enav S.P.A. ENAV.MI: UBS cuts target price to EUR 4.4 from EUR 4.5 |
| * Endeavour Mining Plc EDV.L: Stifel raises target price to 2,450p from 2,350p |
| * Endesa ELE.MC: HSBC raises target price to EUR 26.8 from EUR 24.7 |
| * Enel ENEI.MI: : HSBC raises target price to EUR 8.1 from EUR 7.8 |
| * Engie ENGIE.PA: UBS raises target price to EUR 20 from EUR 17.5 |
| * ERG SpA ERG.MI: Barclays cuts target price to EUR 20 from EUR 32 |
| * ERG SpA ERG.MI: Barclays cuts to equal weight from overweight |
| * Ericsson ERICb.ST: Deutsche Bank cuts target price to SEK 72 from SEK 80 |
| * Erste Group Bank ERST.VI: HSBC raises target price to EUR 82 from EUR 71 |
| * Ferrexpo FXPO.L: Peel Hunt cuts target price to 75p from 120p |
| * Geberit AG GEBN.S: Morgan Stanley cuts target price to CHF 428 from CHF 432 |
| * Grenergy GREG.MC: Barclays raises target price to EUR 50 from EUR 30 |
| * Grenergy GREG.MC: Barclays raises to overweight from equal weight |
| * H Lundbeck A/S HLUNb.CO: Barclays cuts target price to DKK 46 from DKK 48 |
| * Haleon HLN.L: Deutsche Bank cuts target price to 375p from 390p |
| * Haleon HLN.L: Barclays raises target price to 452p from 445p |
| * Haleon Plc HLN.L: HSBC cuts target price to 410p from 420p |
| * Hays Plc HAYS.L: Morgan Stanley cuts target price to 66p from 68p |
| * Hays Plc HAYS.L: Morgan Stanley raises to equal weight from underweight |
| * Hemnet HEM.ST: Citigroup cuts target price to SEK 404 from SEK 428 |
| * Hoist Finance AB (Publ) HOFI.ST: Kepler Cheuvreux cuts PT to SEK 94 from SEK 99 |
| * Inficon IFCN.S: Deutsche Bank cuts target price to CHF 900 from CHF 1050 |
| * Infineon Technologies IFXGn.DE: Deutsche Bank cuts target price to EUR 38 from EUR 42 |
| * Infineon Technologies IFXGn.DE: Jefferies cuts target price to EUR 42 from EUR 50 |
| * Informa INF.L: Morgan Stanley cuts target price to 900p from 1000p |
| * Iomart Group Plc IOMG.L: Peel Hunt cuts target price to 28p from 103p |
| * Italy's Prysmian PRY.MI: Jefferies cuts target price to EUR 57 from EUR 75 |
| * Kuehne Und Nagel International AG KNIN.S: Bernstein cuts PT to CHF 200 from CHF 230 |
| * Logitech LOGN.S: Deutsche Bank cuts target price to CHF 65 from CHF 80 |
| * Maersk MAERSKb.CO: Bernstein cuts target price to DKK 8,250 from DKK 9,800 |
| * Mcphy Energy SA ALMCP.PA: RBC cuts target price to EUR 0.30 from EUR 1.50 |
| * Mcphy Energy SA ALMCP.PA: RBC cuts to underperform from sector perform |
| * Melexis MLXS.BR: Deutsche Bank cuts target price to EUR 50 from EUR 55 |
| * Melexis NV MLXS.BR: Jefferies cuts target price to EUR 66 from EUR 70 |
| * Nibe NIBEb.ST: Morgan Stanley cuts target price to SEK 36 from SEK 37 |
| * Ninetyone N91.L: Deutsche Bank cuts target price to 140p from 160p |
| * Nokia NOKIA.HE: Deutsche Bank cuts target price to EUR 4.75 from EUR 5.25 |
| * Nokia NOKIA.HE: Inderes raises target price to EUR 4.3 from EUR 4.2; rating reduce |
| * Nordea NDAFI.HE: Kepler Cheuvreux cuts target price to EUR 12.4 from EUR 12.9 |
| * Nordic Semiconductor NOD.OL: Deutsche Bank cuts target price to NOK 115 from NOK 130 |
| * Nordic Semiconductor NOD.OL: Jefferies cuts target price to NOK 164 from NOK 174 |
| * Obiz ALBIZ.PA: Midcap Partners cuts target price to EUR 8 from EUR 9 before putting it under review |
| * Obiz ALBIZ.PA: Midcap Partners rating put under "buy" |
| * Orron Energy AB ORRON.ST: Barclays cuts target price to SEK 4.90 from SEK 7.60 |
| * Orron Energy AB ORRON.ST: Barclays cuts to underweight from equal weight |
| * Outokumpu OUT1V.HE: Kepler Cheuvreux cuts target price to EUR 3.3 from EUR 3.6 |
| * Pagegroup PAGE.L: Morgan Stanley cuts target price to 285p from 300p |
| * Pandora PNDORA.CO: Bernstein initiates coverage with price target DKK 700 |
| * Pandora PNDORA.CO: Bernstein initiates coverage with underperform rating |
| * Pandora PNDORA.CO: JP Morgan cuts target price to DKK 1,100 from DKK 1,400 |
| * Pandora PNDORA.CO: JP Morgan cuts to neutral from overweight |
| * PostNL NV PTNL.AS: Kepler Cheuvreux cuts target price to EUR 1 from EUR 1.5 |
| * Publicis PUBP.PA: Deutsche Bank cuts target price to EUR 100 from EUR 106 |
| * Raiffeisen Bank International AG RBIV.VI: HSBC raises PT to EUR 28 from EUR 26 |
| * Randstad NV RAND.AS: Morgan Stanley cuts target price to EUR 34.5 from EUR 39 |
| * Rational AG RAAG.DE: Deutsche Bank cuts target price to EUR 825 from EUR 895 |
| * Remy Cointreau RCOP.PA: Barclays cuts target price to EUR 30 from EUR 31 |
| * Sandvik SAND.ST: Deutsche Bank cuts target price to SEK 221 from SEK 245 |
| * SBM Offshore NV SBMO.AS: Kepler Cheuvreux raises target price to EUR 26 from EUR 24 |
| * Scatec ASA SCATC.OL: Barclays cuts target price to NOK 90 from NOK 93 |
| * Scatec ASA SCATC.OL: Barclays cuts to equal weight from overweight |
| * Shell Plc SHEL.L: TD Cowen cuts target price to 2890p from 3075p |
| * Sika AG SIKA.S: Citigroup cuts target price to CHF 200 from CHF 250 |
| * Siltronic AG WAFGn.DE: Deutsche Bank cuts target price to EUR 38 from EUR 46 |
| * Sodexo EXHO.PA: Citigroup raises target price to EUR 90 from EUR 89 |
| * Soitec SOIT.PA: Deutsche Bank cuts target price to EUR 70 from EUR 85 |
| * Soitec SA SOIT.PA: Jefferies cuts target price to EUR 58 from EUR 74 |
| * Solaria SLRS.MC: Barclays cuts target price to EUR 10 from EUR 13 |
| * STMicroelectronics STMPA.PA: Deutsche Bank cuts target price to EUR 24 from EUR 28 |
| * STMicroelectronics NV STMPA.PA: Jefferies cuts target price to EUR 30 from EUR 34 |
| * Suss Microtec SE SMHNn.DE: Jefferies cuts target price to EUR 30 from EUR 38 |
| * Trelleborg TRELb.ST: Kepler Cheuvreux cuts target price to SEK 355 from SEK 420 |
| * Vat Group VACN.S: Deutsche Bank cuts target price to CHF 290 from CHF 340 |
| * Vat Group VACN.S: Jefferies cuts target price to CHF 270 from CHF 350 |
| * Volvo VOLVb.ST: Kepler Cheuvreux cuts target price to SEK 280 from SEK 340 |
| * X-Fab XFAB.PA: Deutsche Bank cuts target price to EUR 5 from EUR 6.25 |
