| * 3I Group III.L: Citigroup cuts target price to 4,800p from 5,150p |
| * 3I Group III.L: Deutsche Bank cuts target price to 4300p from 4600p |
| * 3I Group III.L: Kepler Cheuvreux cuts target price to 3150p from 4100p |
| * 3I Group III.L: Kepler Cheuvreux cuts to reduce from hold |
| * ABN Amro Bank NV ABNd.AS: UBS raises target price to EUR 32 from EUR 30 |
| * ABN Amro Bank NV ABNd.AS: JP Morgan raises target price to EUR 32.90 from EUR 30.70 |
| * ABN Amro Bank NV ABNd.AS: Morgan Stanley raises target price to EUR 33 from EUR 32 |
| * Accelleron ACLN.S: UBS raises target price to CHF 70 from CHF 69 |
| * Alcon AG ALCC.S: Bernstein cuts target price to CHF 80.7 from CHF 84.5 |
| * ALFA ALFAAL.L: Barclays raises target price to 280p from 270p |
| * ALFA Financial Software Holdings Plc ALFAAL.L: Peel Hunt raises to buy from add |
| * Alstom SA ALSO.PA: Deutsche Bank raises target price to EUR 27 from EUR 26 |
| * Ambu A/S AMBUb.CO: UBS cuts target price to DKK 139 from DKK 147 |
| * Aquafil SpA ECNL.MI: Kepler Cheuvreux cuts target price to EUR 1.8 from EUR 2 |
| * Aquafil SpA ECNL.MI: Kepler Cheuvreux cuts to hold from buy |
| * Arkema SA AKE.PA: Bernstein cuts target price to EUR 49 from EUR 50 |
| * AstraZeneca AZN.L: Bernstein raises target price to 18400p from 18000p |
| * Aumovio SE AMV0n.DE: UBS raises target price to EUR 50 from EUR 44 |
| * Bayer AG BAYGn.DE: Kepler Cheuvreux raises target price to EUR 35 from EUR 33 |
| * Bouygues SA BOUY.PA: Barclays raises target price to EUR 45 from EUR 39 |
| * Burberry Group BRBY.L: Deutsche Bank raises target price to 1550p from 1500p |
| * Cancom SE COKG.DE: Berenberg raises target price to EUR 26 from EUR 25 |
| * Cancom SE COKG.DE: Deutsche Bank cuts target price to EUR 32 from EUR 35 |
| * Carel Industries SpA CRLI.MI: UBS raises target price to EUR 26.3 from EUR 25.5 |
| * Ceres Power CWR.L: UBS raises target price to 570p from 350p |
| * Convatec Group Plc CTEC.L: Barclays cuts target price to 325p from 327p |
| * Convatec Group Plc CTEC.L: Jefferies raises target price to 325p from 300p |
| * Delivery Hero DHER.DE: Barclays cuts target price to EUR 38.1 from EUR 43.5 |
| * Delivery Hero DHER.DE: UBS cuts target price to EUR 32 from EUR 35 |
| * Delivery Hero SE DHER.DE: Bernstein cuts target price to EUR 38 from EUR 40 |
| * Duerr DUEG.DE: Deutsche Bank raises target price to EUR 25 from EUR 24 |
| * Edenred EDEN.PA: Deutsche Bank cuts target price to EUR 34 from EUR 40 |
| * EFG International AG EFGN.S: Citigroup raises target price to CHF 16.6 from CHF 15.8 |
| * Eiffage FOUG.PA: Jefferies raises target price to EUR 131 from EUR 130 |
| * Embracer Group EMBRACb.ST: Barclays cuts target price to SEK 92.5 from SEK 100 |
| * Engie ENGIE.PA: HSBC raises target price to EUR 22.3 from EUR 20.4 |
| * Engie ENGIE.PA: Morgan Stanley raises target price to EUR 24 from EUR 21 |
| * Fortum Oyj FORTUM.HE: Morgan Stanley cuts to underweight from equal weight |
| * Fortum Oyj FORTUM.HE: Morgan Stanley raises target price to EUR 18 from EUR 15 |
| * Frontier Developments Plc FDEV.L: Berenberg raises target price to 600p from 550p |
| * Geberit AG GEBN.S: Citigroup raises target price to CHF 650 from CHF 600 |
| * Georg Fischer AG GF.S: Berenberg cuts target price to CHF 75 from CHF 85 |
| * Glanbia Plc GL9.I: Morgan Stanley cuts target price to EUR 18.8 from EUR 19 |
| * Hapag-Lloyd AG HLAG.DE: Kepler Cheuvreux cuts target price to EUR 111 from EUR 123 |
| * Heineken HEIN.AS: UBS raises target price to EUR 84 from EUR 80 |
| * Hensoldt AG HAGG.DE: Citigroup cuts target price to EUR 101 from EUR 106 |
| * Hensoldt AG HAGG.DE: Citigroup raises to buy from neutral |
| * Huhtamaki HUH1V.HE: Barclays cuts target price to EUR 36 from EUR 41 |
| * Hypoport SE HYQGn.DE: Berenberg cuts target price to EUR 200 from EUR 260 |
| * Interroll Holding INRN.S: Baader Europe cuts target price to CHF 2,471 from CHF 2,608 |
| * Interroll Holding AG INRN.S: Alphavalue cuts target price to CHF 2,471 from CHF 2,608 |
| * Investor INVEb.ST: Kepler Cheuvreux raises target price to SEK 361 from SEK 359 |
| * Jenoptik AG JENGn.DE: UBS raises target price to EUR 21.5 from EUR 21 |
| * Jost Werke JST.DE: Deutsche Bank raises target price to EUR 62 from EUR 60 |
| * Jungheinrich AG JUNG_p.DE: Citigroup raises target price to EUR 36.5 from EUR 35 |
| * KBC Group NV KBC.BR: Morgan Stanley raises target price to EUR 122 from EUR 121 |
| * Kingspan Group Plc KSP.I: Kepler Cheuvreux cuts target price to EUR 90 from EUR 96 |
| * Knaus Tabbert AG KTAG.DE: Alphavalue cuts to add from buy |
| * KWS Saat SE & Co KGaA KWSG.DE: Kepler Cheuvreux raises PT to EUR 74 from EUR 66 |
| * Lords Group Trading Plc LORD.L: Stifel cuts target price to 35p from 55p |
| * Meko AB MEKO.ST: Kepler Cheuvreux raises target price to SEK 110 from SEK 105 |
| * Melrose Industries MRON.L: JP Morgan raises target price to 750p from 600p |
| * National Grid Plc NG.L: Bernstein raises target price to 1300p from 1240p |
| * Novo Nordisk NOVOb.CO: Berenberg cuts target price to DKK 400 from DKK 425 |
| * Orsted ORSTED.CO: HSBC raises target price to DKK 145 from DKK 120 |
| * Patrizia SE PATGn.DE: Deutsche Bank raises target price to EUR 11 from EUR 10.4 |
| * Pluxee PLX.PA: Deutsche Bank cuts target price to EUR 23 from EUR 33 |
| * Pluxee PLX.PA: Deutsche Bank cuts to hold from buy |
| * Poste Italiane PST.MI: Barclays raises target price to EUR 20 from EUR 19.2 |
| * Poste Italiane PST.MI: Jefferies raises target price to EUR 21.5 from EUR 18.9 |
| * Prosiebensat 1 Media SE PSMGn.DE: Alphavalue Cuts to reduce from buy |
| * Prosiebensat 1 Media SE PSMGn.DE: Barclays cuts target price to EUR 5.5 from EUR 5.8 |
| * Qinetiq Group Plc QQ.L: Berenberg cuts target price to 550p from 570p |
| * Quilter Plc QLT.L: JP Morgan raises target price to 189p from 186p |
| * R&S Group Holding AG RSGN.S: Berenberg cuts target price to CHF 35 from CHF 40 |
| * Reply SpA REY.MI: Bernstein cuts target price to EUR 133 from EUR 155 |
| * Reply SpA REY.MI: Equita cuts target price to EUR 150 from EUR 170 |
| * Reply SpA REY.MI: Kepler Cheuvreux cuts target price to EUR 152 from EUR 155 |
| * Reply SpA REY.MI: Kepler Cheuvreux raises to buy from hold |
| * Rexel RXL.PA: JP Morgan raises target price to EUR 39.50 from EUR 27.50 |
| * Rexel RXL.PA: JP Morgan raises to overweight from neutral |
| * Royal Unibrew A/S RBREW.CO: Jefferies raises target price to DKK 425 from DKK 400 |
| * Royal Unibrew A/S RBREW.CO: Morgan Stanley raises target price to DKK 580 from DKK 570 |
| * RWE AG RWEG.DE: Jefferies raises target price to EUR 54 from EUR 50 |
| * Sabadell SABE.MC: RBC cuts to sector perform from outperform |
| * Sabadell SABE.MC: RBC raises target price to EUR 3.3 from EUR 3.05 |
| * SBM Offshore NV SBMO.AS: Barclays raises target price to EUR 28.7 from EUR 25 |
| * SBM Offshore NV SBMO.AS: Kepler Cheuvreux raises PT to EUR 28.5 from EUR 26 |
| * Secunet Security Networks AG YSNG.DE: Berenberg raises PT to EUR 236 from EUR 233 |
| * Siemens AG SIEGn.DE: Barclays raises target price to EUR 190 from EUR 185 |
| * Siemens Energy ENR1n.DE: Deutsche Bank raises target price to EUR 120 from EUR 115 |
| * Siemens Energy AG ENR1n.DE: Kepler Cheuvreux raises PT to EUR 140 from EUR 120 |
| * Sixt SE SIXG.DE: Deutsche Bank cuts target price to EUR 95 from EUR 105 |
| * Sixt SE SIXG.DE: UBS cuts target price to EUR 92 from EUR 102 |
| * SMA Solar S92G.DE: TD Cowen raises target price to EUR 25 from EUR 18 |
| * Societe Generale SOGN.PA: Deutsche Bank raises target price to EUR 68 from EUR 63 |
| * Spirax Group SPX.L: Deutsche Bank raises target price to 7500p from 7250p |
| * Spirax-Sarco SPX.L: Kepler Cheuvreux raises target price to 8860p from 8090p |
| * SSE SSE.L: Citigroup cuts to sell from neutral |
| * SSE SSE.L: Citigroup raises target price to 1,997p from 1,731p |
| * SSE SSE.L: Deutsche Bank raises target price to 2350p from 2000p |
| * SSE SSE.L: RBC raises target price to 2,475p from 2,200p |
| * Syensqo NV SYENS.BR: Kepler Cheuvreux cuts target price to EUR 74 from EUR 78 |
| * Talanx AG TLXGn.DE: Berenberg raises target price to EUR 143 from EUR 138 |
| * Team Internet Group Plc TIG.L: Berenberg cuts target price to 90p from 100p |
| * Teleperformance TEPRF.PA: Deutsche Bank cuts target price to EUR 70 from EUR 105 |
| * Trevi Finanziaria Industriale TFI.MI: Kepler Cheuvreux ups PT to EUR 0.44 from EUR 0.42 |
| * Trevi Finanziaria Industriale TFI.MI: Kepler Cheuvreux ups to hold from reduce |
| * Wienerberger WBSV.VI: Barclays cuts target price to EUR 35 from EUR 36 |
| * Wienerberger AG WBSV.VI: Berenberg cuts target price to EUR 35 from EUR 38 |
| * Wienerberger AG WBSV.VI: Morgan Stanley cuts target price to EUR 32 from EUR 35 |
| * Wizz Air WIZZ.L: Barclays raises target price to 1500p from 1400p |
| * Wizz Air Holdings Plc WIZZ.L: Morgan Stanley cuts target price to 1000p from 1080p |
