| * Aedifica AOO.BR: Morgan Stanley raises target price to EUR 76 from EUR 74 |
| * Airbus SE AIR.PA: Jefferies cuts target price to EUR 190 from EUR 195 |
| * Alfa Financial Software Holdings Plc ALFAAL.L: Peel Hunt cuts PT to 250p from 275p |
| * Allegro ALEP.WA: Barclays cuts target price to PLN 34 from PLN 37 |
| * Austrian Post POST.VI: Barclays raises target price to EUR 26.1 from EUR 25.6 |
| * Bachem BANB.S: Deutsche Bank raises target price to CHF 80 from CHF 75 |
| * Bayer BAYGn.DE: UBS raises target price to EUR 52 from EUR 48 |
| * Bayer BAYGn.DE: UBS raises to buy from neutral |
| * Big Yellow Group BYG.L: Morgan Stanley cuts target price to 1000p from 1150p |
| * Big Yellow Group BYG.L: Morgan Stanley cuts to underweight from equal weight |
| * BMW BMWG.DE: Jefferies cuts target price to EUR 93 from EUR 100 |
| * Bodycote Plc BOY.L: JP Morgan raises target price to 700p from 670p |
| * Canal+ CAN.L: UBS cuts target price to 230p from 280p |
| * Carl Zeiss Meditec AG AFXG.DE: Alphavalue cuts target price to EUR 39.8 from EUR 73.4 |
| * Carlsberg CARLb.CO: Berenberg raises PT to DKK 1090 from DKK 1033 |
| * Carlsberg CARLb.CO: Berenberg raises to buy from hold |
| * Centrica CNA.L: HSBC raises target price to 205p from 175p |
| * Centrica CNA.L: Kepler Cheuvreux raises target price to 200p from 165p |
| * Centrica CNA.L: Kepler Cheuvreux raises to hold from reduc |
| * Computacenter Plc CCC.L: UBS cuts target price to 3500p from 3700p |
| * Daimler Truck Holding AG DTGGe.DE: UBS raises target price to EUR 45 from EUR 40 |
| * DR ING HC F Porsche AG P911_p.DE: Jefferies cuts target price to EUR 41 from EUR 45 |
| * DSV DSV.CO: Citigroup raises target price to DKK 1782 from DKK 1764 |
| * Enagas ENAG.MC: UBS raises target price to EUR 15.05 from EUR 13.45 |
| * Endeavour Mining EDV.L: Morgan Stanley raises target price to 5290p from 5170p |
| * Flughafen Zuerich AG FHZN.S: BofA Global Research cuts price objective to CHF 276 from CHF 286 |
| * Forvia FRVIA.PA: TP ICAP Midcap cuts target price to EUR 13 from EUR 14 |
| * Forvia FRVIA.PA: TP ICAP Midcap raises to "buy" from "hold |
| * Fresnillo Plc FRES.L: Morgan Stanley raises target price to 2690p from 2530p |
| * Geberit AG GEBN.S: Alphavalue cuts target price to CHF 556 from CHF 633 |
| * Geberit AG GEBN.S: Alphavalue cuts target price to CHF 556 from CHF 633 |
| * Hemnet Group AB HEM.ST: UBS cuts target price to SEK 122 from SEK 140 |
| * Hemnet Group AB HEM.ST: UBS raises to neutral from sell |
| * Henkel AG & Co. KGaA HNKG.DE: Morgan Stanley cuts target price to EUR 66.5 from EUR 68 |
| * Henkel AG & Co. KGaA HNKG.DE: Morgan Stanley cuts to underweight from equal weight |
| * Hensoldt AG HAGG.DE: Kepler Cheuvreux raises target price to EUR 81 from EUR 65 |
| * Hensoldt AG HAGG.DE: Kepler Cheuvreux raises to hold from reduce |
| * Interroll INRN.S: UBS cuts target price to CHF 2295 from CHF 2500 |
| * Is Bankasi ISCTR.IS: HSBC cuts target price to TRY 18.5 from TRY 20 |
| * James Fisher and Sons FSJ.L: Canaccord Genuity raises target price to 575p from 530p |
| * Kingspan KSP.I: UBS raises target price to EUR 80 from EUR 74 |
| * Kinnevik KINVb.ST: Deutsche Bank cuts target price to SEK 65 from SEK 90 |
| * Leonardo LDOF.MI: Barclays raises target price to EUR 71 from EUR 68 |
| * Lindt & Spruengli LISN.S: Berenberg cuts target price to CHF 102,520 from CHF 108,770 |
| * Lindt & Spruengli LISP.S: Berenberg cuts target price to CHF 10250 from CHF 10877 |
| * Londonmetric LMPL.L: Morgan Stanley cuts target price to 205p from 215p |
| * Londonmetric LMPL.L: Morgan Stanley cuts to underweight from equal weight |
| * Merlin Properties MRL.MC: Morgan Stanley raises target price to EUR 16.5 from EUR 14 |
| * Merlin Properties MRL.MC: Morgan Stanley raises to overweight from equal weight |
| * MTU Aero Engines AG MTXGn.DE: Jefferies cuts target price to EUR 480 from EUR 500 |
| * National Grid NG.L: UBS cuts to sell from neutral |
| * National Grid NG.L: UBS raises target price to 1160p from 1100p |
| * National Grid Plc NG.L: Deutsche Bank raises target price to 1430p from 1250p |
| * Nemetschek NEKG.DE: Barclays cuts target price to EUR 95 from EUR 120 |
| * Opmobility OPM.PA: TP ICAP Midcap cuts PT to EUR 15 from EUR 17; rating 'hold |
| * Pennon Group PNN.L: Deutsche Bank raises target price to 650p from 600p |
| * Reckitt Benckiser RKT.L: Morgan Stanley cuts target price to 6300p from 6500p |
| * Reckitt Benckiser RKT.L: Morgan Stanley raises to overweight from equal weight |
| * Rolls Royce RR.L: Jefferies raises target price to 1590p from 1550p |
| * Royal Unibrew A/S RBREW.CO: Berenberg raises target price to DKK 681 from DKK 597.1 |
| * Royal Unibrew A/S RBREW.CO: Berenberg raises to buy from hold |
| * RWE RWEG.DE: Barclays raises target price to EUR 62 from EUR 60 |
| * RWE AG RWEG.DE: Kepler Cheuvreux raises target price to EUR 55 from EUR 43.50 |
| * RWE AG RWEG.DE: Kepler Cheuvreux raises to hold from reduce |
| * Safran SAF.PA: Jefferies cuts target price to EUR 350 from EUR 360 |
| * Safran SA SAF.PA: UBS raises target price to EUR 340 from EUR 330 |
| * SAGE Group SGE.L: Barclays cuts target price to 900p from 1000p |
| * Sandvik AB SAND.ST: Barclays raises target price to SEK 410 from SEK 400 |
| * Savills SVS.L: Peel Hunt raises target price to 1400p from 1200p |
| * Savills SVS.L: Peel Hunt raises to buy from add |
| * Schindler Holding AG SCHP.S: Alphavalue raises to add from reduce |
| * SEGRO SGRO.L: Morgan Stanley raises target price to 880p from 790p |
| * SEGRO SGRO.L: Morgan Stanley raises to overweight from equal weight |
| * Severn Trent SVT.L: Deutsche Bank raises target price to 3300p from 2950p |
| * Siegfried Holding AG SFZN.S: RBC cuts target price to CHF 96 from CHF 108 |
| * Siltronic AG WAFGn.DE: Jefferies raises target price to EUR 70 from EUR 66 |
| * Siltronic AG WAFGn.DE: UBS raises target price to EUR 60 from EUR 48 |
| * SSE SSE.L: Deutsche Bank raises target price to 2850p from 2500p |
| * Stef STF.PA: TP ICAP Midcap raises to "buy" from "hold" |
| * Stef STF.PA: TP ICAP Midcap rises target price to EUR 141 from EUR 136 |
| * STMicroelectronics NV STMPA.PA: Equita raises target price to EUR 33 from EUR 30 |
| * System1 Group Plc SYS1.L: Canaccord Genuity raises target price to 610p from 550p |
| * System1 Group Plc SYS1.L: Canaccord Genuity raises to buy from speculative buy |
| * Taylor Wimpey TW.L: Stifel cuts to hold from buy |
| * Teamviewer TMV.DE: Barclays cuts target price to EUR 5 from EUR 7 |
| * Teamviewer TMV.DE: Barclays cuts to equal-weight from overweight |
| * Unibail-Rodamco-Westfield URW.PA: Morgan Stanley raises PT to EUR 105 from EUR 100 |
| * United Utilities UU.L: Deutsche Bank raises target price to 1450p from 1300p |
| * Valeo VLOF.PA: TP ICAP Midcap raises to "hold" from "sell"; target price EUR 11 |
| * Vesuvius VSVS.L: Barclays raises target price to 420p from 340p |
| * Volkswagen AG VOWG.DE: RBC cuts target price to EUR 135 from EUR 139 |
| * Wacker Chemie AG WCHG.DE: Jefferies raises target price to EUR 74 from EUR 63 |
| * Wdp WDPP.BR: Morgan Stanley raises target price to EUR 27 from EUR 26 |
| * WH Smith Plc SMWH.L: BofA Global Research initiates coverage with PT 758p |
| * WH Smith Plc SMWH.L: BofA Global Research initiates coverage with buy rating |
| * Yapi Kredi YKBNK.IS: HSBC raises target price to TRY 47 from TRY 44 |
| * Yapi Kredi YKBNK.IS: HSBC raises to buy from hold |
| * Zurich Insurance Group ZURN.S: Morgan Stanley resumes coverage with PT CHF 540 |
| * Zurich Insurance GroupZURN.S: Morgan Stanley resumes coverage with equal weight rating |
