* Adidas AG ADSGn.DE: Deutsche Bank raises target price to EUR 275 from EUR 270

* Clariant AG CLN.S: JP Morgan cuts target price to CHF 14 from CHF 15

* M6 MMTP.PA: JP Morgan cuts target price to EUR 13.1 from EUR 13.7

* Nel ASA NEL.OL: Morgan Stanley cuts to underweight from equal weight

* Ucb SA UCB.BR: TD Cowen raises target price to EUR 250 from EUR 175

* Acerinox ACX.MC: JP Morgan cuts target price to EUR 6.90 from EUR 7.60

* Adidas AG ADSGn.DE: Deutsche Bank raises target price to EUR 275 from EUR 270

* Adidas AG ADSGn.DE: RBC raises target price to EUR 270 from EUR 265

* Adidas AG ADSGn.DE: Stifel raises target price to EUR 267 from EUR 260

* Adidas AG ADSGn.DE: TD Cowen cuts target price to EUR 262 from EUR 267

* Adidas AG ADSGn.DE: UBS raises target price to EUR 280 from EUR 279

* Admiral Group Plc ADML.L: HSBC raises to buy from hold

* AT & S ATSV.VI: Stifel cuts target price to EUR 24 from EUR 28

* Azimut AZMT.MI: Barclays cuts target price to EUR 23.7 from EUR 24

* B&M BMEB.L: Deutsche Bank cuts target price to 620p from 630p

* Banca Generali BGN.MI: Barclays raises target price to EUR 48.8 from EUR 48.6

* Banco Santander SA SAN.MC: Barclays raises target price to EUR 6.1 from EUR 5.8

* Bawag Group AG BAWG.VI: UBS raises target price to EUR 90 from EUR 87

* Bechtle AG BC8G.DE: Berenberg cuts target price to EUR 39 from EUR 52

* Bechtle AG BC8G.DE: Berenberg cuts to hold from buy

* Besi BESI.AS: Bernstein cuts target price to EUR 135 from EUR 160

* Bodycote Plc BOY.L: Peel Hunt cuts target price to 900p from 1000p

* BP BP.L: HSBC cuts target price to 420p from 430p

* BP BP.L: RBC cuts target price to 480p from 525p

* Bridgepoint Group Plc BPTB.L: Citigroup cuts to neutral from buy

* Bridgepoint Group Plc BPTB.L: Citigroup raises PT to 350p from 320p

* Bucher Industries AG BUCN.S: Stifel cuts target price to CHF 340 from CHF 350

* Burberry BRBY.L: Bernstein raises to outperform from market-perform

* Burberry BRBY.L: Bernstein raises target price to 930p from 680p

* Campari CPRI.MI: JP Morgan cuts target price to EUR 6 from EUR 7.80

* Campari CPRI.MI: RBC cuts target price to EUR 6.10 from EUR 8

* Campari Group CPRI.MI: Deutsche Bank cuts target price to EUR 8.5 from EUR 9.7

* Clariant AG CLN.S: JP Morgan cuts target price to CHF 14 from CHF 15

* Clariant AG CLN.S: Morgan Stanley cuts target price to CHF 14.4 from CHF 14.8

* Commerzbank CBKG.DE: HSBC raises target price to EUR 22 from EUR 21

* Compagnie Financiere Richemont SA CFR.S: Berenberg initiates coverage with hold rating

* Compagnie Financiere Richemont SA CFR.S: Berenberg initiates coverage with PT CHF 140

* Corbion NV CORB.AS: Berenberg cuts to hold from buy

* Corbion NV CORB.AS: Berenberg raises target price to EUR 26 from EUR 24

* Covestro AG 1COV.DE: Berenberg raises target price to EUR 61 from EUR 58

* Covestro AG 1COV.DE: HSBC raises target price to EUR 62 from EUR 57

* Cucinelli BCU.MI: Berenberg initiates coverage with buy rating; price target EUR 110

* Davide Campari N.V. CPRI.MI: Barclays cuts target price to EUR 7.8 from EUR 8.4

* Deutsche Lufthansa AG LHAG.DE: Jefferies initiates coverage with hold rating; PT EUR 6.4

* Deutsche Lufthansa AG LHAG.DE: JP Morgan raises target price to EUR 4.80 from EUR 4.60

* Deutsche Lufthansa AG LHAG.DE: UBS raises target price to EUR 10 from EUR 9.8

* Deutsche Telekom AG DTEGn.DE: JP Morgan raises target price to EUR 42 from EUR 41

* Discoverie Group Plc DSCV.L: Jefferies cuts target price to 705p from 755p

* EasyJet EZJ.L: Jefferies initiates coverage with buy rating; price target 680p

* Elementis Plc ELM.L: Berenberg cuts target price to 170p from 190p

* Ericsson ERICb.ST: Barclays raises target price to SEK 70 from SEK 48

* Euronext ENX.PA: Deutsche Bank raises target price to EUR 115 from EUR 106

* Fineco FBK.MI: Barclays cuts target price to EUR 16.8 from EUR 17.4

* Fortum FORTUM.HE: Deutsche Bank cuts target price to EUR 13.5 from EUR 13.7

* Groupe ADP ADP.PA: Morgan Stanley cuts target price to EUR 128 from EUR 141

* GTT GTT.PA: Berenberg raises target price to EUR 160 from EUR 155

* Hellofresh SE HFGG.DE: Barclays raises target price to EUR 10.6 from EUR 7

* Hellofresh SE HFGG.DE: Bernstein raises target price to EUR 10.10 from EUR 7.20

* Hellofresh SE HFGG.DE: Morgan Stanley raises target price to EUR 11 from EUR 10

* Hermes HRMS.PA: Berenberg initiates coverage with buy rating; price target EUR 2,330

* Hexagon HEXAb.ST: Citigroup cuts target price to SEK 108 from SEK 110

* Hochtief AG HOTG.DE: Stifel raises target price to EUR 118 from EUR 107

* Holcim AG HOLN.S: Berenberg raises target price to CHF 85 from CHF 80

* Holmen AB HOLMb.ST: Citigroup cuts target price to SEK 433 from SEK 447

* HSBC Plc HSBA.L: UBS raises target price to 710p from 658p

* Hunting Plc HTG.L: Kepler Cheuvreux raises to buy from hold; cuts PT to 435p from 450p

* Inchcape Plc INCH.L: Jefferies cuts target price to 1,090p from 1,140p

* Inficon Holding AG IFCN.S: Stifel initiates coverage with hold rating; PT CHF 1100

* ITM Power ITM.L: Morgan Stanley cuts target price to 40p from 50p

* ITM Power ITM.L: Morgan Stanley raises to equal weight from underweight

* Kering PRTP.PA: Berenberg initiates coverage with hold rating; price target EUR 230

* Kering PRTP.PA: HSBC cuts target price to EUR 230 from EUR 290

* Koninklijke Philips NV PHG.AS: Morgan Stanley cuts PT to EUR 24.2 from EUR 25

* Kuehne Und Nagel International AG KNIN.S: JP Morgan cuts PT to CHF 210 from CHF 220

* Leg Immobilien SE LEGn.DE: Berenberg raises target price to EUR 99 from EUR 85

* Lloyds Banking Group LLOY.L: Morgan Stanley cuts target price to 65p from 70p

* Lloyds Banking Group LLOY.L: Morgan Stanley cuts to equal weight from overweight

* London stock Exchange Group LSEG.L: Deutsche Bank raises PT to 10000p from 9700p

* LPKF LPKG.DE: Stifel cuts target price to EUR 12 from EUR 13

* LVMH LVMH.PA: Berenberg initiates coverage with buy rating; price target EUR 695

* M6 MMTP.PA: JP Morgan cuts target price to EUR 13.1 from EUR 13.7

* Mediolanum BMED.MI: Barclays raises target price to EUR 13.2 from EUR 13

* Moncler MONC.MI: Berenberg initiates coverage with hold rating; price target EUR 57

* Moncler MONC.MI: Deutsche Bank cuts target price to EUR 55 from EUR 56

* Moncler MONC.MI: Jefferies cuts target price to EUR 46 from EUR 48

* Moncler MONC.MI: JP Morgan cuts target price to EUR 55 from EUR 60

* Moncler MONC.MI: RBC cuts target price to EUR 59 from EUR 63

* Moncler SpA MTTI.MI: Morgan Stanley cuts target price to EUR 52 from EUR 56

* Nel ASA NEL.OL: Morgan Stanley cuts target price to NOK 3.5 from NOK 9

* Nel ASA NEL.OL: Morgan Stanley cuts to underweight from equal weight

* Nokia NOKIA.HE: Barclays raises target price to EUR 3.5 from EUR 3

* Novartis NOVN.S: Deutsche Bank cuts target price to CHF 100 from CHF 105

* Ontex Group NV ONTEX.BR: UBS cuts target price to EUR 11.8 from EUR 12.3

* Orkla ASA ORK.OL: Barclays raises target price to NOK 92 from NOK 84

* Patrizia SE PATGn.DE: Deutsche Bank cuts target price to EUR 10.3 from EUR 11.5

* Pearson PSON.L: BofA Global Research raises price objective to 1,150p from 1,070p

* Pearson Plc PSON.L: Barclays raises target price to 1100p from 1055p

* Pharma Mar PHMR.MC: Needham raises target price to EUR 85 from EUR 72

* Philips PHG.AS: Deutsche Bank cuts target price to EUR 25 from EUR 27

* Regional RA.MX: HSBC raises to buy from hold

* RWS Holdings Plc RWS.L: Deutsche Bank cuts target price to 320p from 375p

* Ryanair RYA.I: Jefferies initiates coverage with hold rating; price target EUR 17.1

* Saint-Gobain SGOB.PA: Berenberg raises target price to EUR 82 from EUR 74

* Saint-Gobain SGOB.PA: JP Morgan raises target price to EUR 114 from EUR 111

* Saint-Gobain SGOB.PA: Morgan Stanley raises target price to EUR 95 from EUR 91

* Santander SAN.MC: Morgan Stanley raises target price to EUR 5.6 from EUR 5.5

* Santander SAN.MC: UBS raises target price to EUR 6.3 from EUR 6.2

* Skanska SKAb.ST: UBS raises target price to SEK 195 from SEK 182

* Sligro Food Group NV SLIGR.AS: ING cuts target price to EUR 12.50 from EUR 24

* SNP Schneider Neureither & Partner SHFG.DE: Berenberg raises PT to EUR 56 from EUR 49

* Societe Bic BICP.PA: UBS raises target price to EUR 67 from EUR 62

* Spectris Plc SXS.L: Jefferies cuts target price to 3,370p from 4,190p

* Spirax-Sarco SPX.L: Jefferies cuts target price to 7,410p from 9,580p

* SSAB AB SSABa.ST: Morgan Stanley cuts target price to SEK 54 from SEK 56

* SSE SSE.L: HSBC cuts target price to 2200p from 2220p

* Starragtornos Group AG STGN.S: Baader Helvea initiates coverage with add rating

* Starragtornos Group AG STGN.S: Baader Helvea initiates coverage with PT CHF 46

* Straumann Holding AG STMN.S: Barclays cuts target price to CHF 134 from CHF 135

* Straumann Holding AG STMN.S: Morgan Stanley cuts target price to CHF 119 from CHF 120

* Straumann Holding AG STMN.S: UBS cuts target price to CHF 107 from CHF 113

* Swatch Group AG UHR.S: Berenberg initiates coverage with price target CHF 165

* Swatch Group AG UHR.S: Berenberg initiates coverage with sell rating

* Tele2 AB TEL2b.ST: Morgan Stanley raises target price to SEK 120 from SEK 115

* Ucb SA UCB.BR: TD Cowen raises target price to EUR 250 from EUR 175

* UPM-Kymmene Oyj UPM.HE: Morgan Stanley cuts target price to EUR 31 from EUR 33

* Verallia VRLA.PA: UBS cuts target price to EUR 36 from EUR 40

* Vivendi VIV.PA: Deutsche Bank raises target price to EUR 15 from EUR 14

* Vivendi VIV.PA: JP Morgan cuts target price to EUR 12.40 from EUR 14.60

* Wartsila Oyj Abp WRT1V.HE: JP Morgan raises target price to EUR 13.40 from EUR 13.10

* Wizz Air WIZZ.L: Jefferies initiates coverage with underperform rating; PT 1020p

* YouGov Plc YOU.L: HSBC raises target price to 470p from 420p