* BAE Systems BAES.L: Citigroup raises to buy from neutral

* Drax Group Plc DRX.L: Morgan Stanley raises target price to 670p from 650p

* Jet2 Plc JET2.L: HSBC raises target price to 2020p from 1980p

* Natwest Group Plc NWG.L: Berenberg raises target price to 415p from 350p

* Unilever ULVR.L: HSBC raises target price to 4400p from 4200p

* Acast ACAST.ST: Barclays raises target price to SEK 21 from SEK 17.5

* Air France AIRF.PA: UBS cuts target price to EUR 12.05 from EUR 18

* Air Liquide AIRP.PA: Berenberg cuts target price to EUR 195 from EUR 210

* Air Liquide SA AIRP.PA: HSBC raises target price to EUR 169 from EUR 164.55

* Aixtron SE AIXGn.DE: Exane BNP Paribas cuts target price to EUR 20

* Aixtron SE AIXGn.DE: Exane BNP Paribas raises to neutral from underperform

* Akwel SA AKW.PA: Portzamparc cuts rating to 'accumulate' from 'buy'

* Akwel SA AKW.PA: Portzamparc cuts target price to EUR 15.50 from EUR 20.30

* Akzo Nobel NV AKZO.AS: Berenberg cuts target price to EUR 80 from EUR 85

* Alten SA LTEN.PA: Bernstein cuts target price to EUR 153 from EUR 159

* Ams Osram AMS.S: Barclays cuts target price to CHF 1.8 from CHF 1.9

* Amundi SA AMUN.PA: Barclays raises target price to EUR 73 from EUR 72

* ASML Holding NV ASML.AS: Stifel raises target price to EUR 850 from EUR 750

* AstraZeneca AZN.L: Guggenheim raises target price to 13,200p from 13,100p

* Aviva AV.L: Morgan Stanley raises target price to 560p from 490p

* Aviva Plc AV.L: Deutsche Bank raises target price to 530p from 515p

* BAE Systems BAES.L: Citigroup raises target price to 1440p from 1400p

* BAE Systems BAES.L: Citigroup raises to buy from neutral

* Banca Generali S.P.A. BGN.MI: UBS raises target price to EUR 40.5 from EUR 39.7

* BASF SE BASFn.DE: Berenberg cuts target price to EUR 52 from EUR 54

* BASF SE BASFn.DE: UBS cuts target price to EUR 51 from EUR 58

* BMW BMWG.DE: RBC cuts target price to EUR 106 from EUR 107

* BNP Paribas BNPP.PA: Morgan Stanley raises target price to EUR 86 from EUR 82

* Bouygues SA BOUY.PA: Barclays cuts target price to EUR 40 from EUR 43

* Breedon Group Plc BREE.L: Peel Hunt raises target price to 465p from 455p

* Bridgepoint Group Plc BPTB.L: BofA Global Research raises PT to 300p from 270p

* Burberry Group BRBY.L: HSBC cuts target price to 730p from 1000p

* Bureau Veritas BVI.PA: Bernstein raises target price to EUR 36 from EUR 34

* Capgemini CAPP.PA: Bernstein cuts target price to EUR 230 from EUR 262

* Capgemini CAPP.PA: JP Morgan cuts target price to EUR 200 from EUR 210

* Capgemini CAPP.PA: Morgan Stanley cuts target price to EUR 200 from EUR 214

* Chrysalis Investments Ltd CHRY.L: Panmure Liberum cuts PT to 122p from 123p

* Cofinimmo SA COFB.BR: Morgan Stanley cuts target price to EUR 66 from EUR 70

* Compagnie Financiere Richemont SA CFR.S: Bernstein cuts PT to CHF 155 from CHF 169

* Compass Group Plc CPG.L: HSBC cuts target price to 2360p from 2405p

* Computacenter Plc CCC.L: UBS cuts target price to 3000p from 3085p

* D'Amico International Shipping SA B7C.MI: Stifel raises PT to EUR 8.20 from EUR 8

* DFDS As DFDS.CO: RBC cuts target price to DKK 320 from DKK 370

* Direct Line Group DLGD.L: UBS raises target price to 252p from 248p

* DiscoverIE Group Plc DSCV.L: Jefferies cuts target price to 755p from 815p

* Drax Group Plc DRX.L: Jefferies raises target price to 750p from 600p

* Drax Group Plc DRX.L: Morgan Stanley cuts to equal weight from overweight

* Drax Group Plc DRX.L: Morgan Stanley raises target price to 670p from 650p

* DWS Group Gmbh & Co KGaA DWSG.DE: JP Morgan raises PT to EUR 40.5 from EUR 39.10

* ENI ENI.MI: RBC raises to outperform from sector perform

* ENI ENI.MI: Stifel raises target price to EUR 15.10 from EUR 14.70

* Erste Group Bank AG ERST.VI: Barclays raises target price to EUR 46 from EUR 43

* Eurofins EUFI.PA: Barclays raises target price to EUR 65 from EUR 60

* Eurofins Scientific SE EUFI.PA: Jefferies cuts target price to EUR 46 from EUR 48

* Euronext NV ENX.PA: Deutsche Bank raises target price to EUR 106 from EUR 104

* Euronext NV ENX.PA: KBW raises target price to EUR 105 from EUR 104

* Evolution EVOG.ST: Deutsche Bank cuts target price to SEK 1071 from SEK 1332

* Evotec SE EVTG.DE: Morgan Stanley cuts target price to EUR 12 from EUR 28

* Evotec SE EVTG.DE: Morgan Stanley cuts to equal weight from overweight

* Ferrari RACE.MI: RBC raises target price to EUR 468 from EUR 464

* Fevertree Drinks Plc FEVR.L: Jefferies cuts target price to 1,000p from 1,150p

* Fnac Darty SA FNAC.PA: Barclays cuts target price to EUR 32 from EUR 33

* Forbo Holding AG FORN.S: Stifel cuts target price to CHF 1,015 from CHF 1,125

* Fortnox AB FNOX.ST: BofA Global Research cuts price objective to SEK 77 from SEK 84

* Greencore Group Plc GNC.L: Barclays raises target price to 160p from 110p

* Heineken NV HEIN.AS: CFRA cuts target price to EUR 92 from EUR 105

* Heineken NV HEIN.AS: CFRA cuts to hold from buy

* Hexagon HEXAb.ST: CFRA cuts target price to SEK 115 from SEK 126

* Hexagon HEXAb.ST: Citigroup cuts target price to SEK 110 from SEK 120

* Hexagon HEXAb.ST: Morgan Stanley cuts target price to SEK 102 from SEK 105

* Holcim AG HOLN.S: Berenberg raises target price to CHF 80 from CHF 70

* Holcim AG HOLN.S: Jefferies raises target price to CHF 85.5 from CHF 84

* Holcim AG HOLN.S: Morgan Stanley cuts target price to CHF 87 from CHF 88

* Howden Joinery Group Plc HWDN.L: UBS raises target price to 950p from 852p

* HSBC HSBA.L: Jefferies cuts target price to 960p from 980p

* Hugo Boss AG BOSSn.DE: Stifel cuts target price to EUR 40 from EUR 56

* Hugo Boss AG BOSSn.DE: Stifel cuts to hold from buy

* Infineon Technologies AG IFXGn.DE: BofA Global Research cuts PT to EUR 42 from EUR 47

* Infineon Technologies AG IFXGn.DE: UBS cuts target price to EUR 44 from EUR 45

* Intrum AB INTRUM.ST: UBS raises target price to SEK 51 from SEK 33

* Ipsen SA IPN.PA: Barclays cuts target price to EUR 115 from EUR 130

* Ipsen SA IPN.PA: Deutsche Bank cuts target price to EUR 112 from EUR 115

* Ipsos SA ISOS.PA: Berenberg cuts target price to EUR 87 from EUR 89

* Jenoptik JENGN.DE: HSBC cuts target price to EUR 33 from EUR 34

* Jet2 Plc JET2.L: HSBC raises target price to 2020p from 1980p

* Jupiter Fund Management JUP.L: Deutsche Bank raises target price to 100p from 90p

* Just Group Plc JUSTJ.L: Deutsche Bank raises target price to 110p from 105p

* Kering PRTP.PA: Barclays cuts target price to EUR 276 from EUR 313

* Kering PRTP.PA: HSBC cuts target price to EUR 290 from EUR 350

* Kering PRTP.PA: Stifel cuts target price to EUR 305 from EUR 350

* Konecranes ABP KCRA.HE: Inderes raises PT to EUR 65.0 from EUR 60.0; rating accumulate

* Krones KRNG.DE: Deutsche Bank raises target price to EUR 172 from EUR 150

* Kuehne + Nagel KNIN.S: UBS raises target price to CHF 266 from CHF 259

* Legal and General LGEN.L: Morgan Stanley cuts target price to 242p from 245p

* Lloyds LLOY.L: Peel Hunt raises target price to 60p from 55p

* Lonza Group AG LONN.S: Jefferies raises target price to CHF 700 from CHF 655

* Lonza Group AG LONN.S: RBC raises target price to CHF 590 from CHF 515

* LVMH LVMH.PA: Barclays cuts target price to EUR 860 from EUR 915

* Maisons Du Monde SA MDM.PA: Midcap raises to 'Buy' from 'hold'; maintains target price

* Mercedes-Benz Group AG MBGn.DE: Bernstein cuts target price to EUR 80 from EUR 99

* Mercialys SA MERY.PA: Berenberg raises target price to EUR 12.5 from EUR 11.5

* Molten Ventures Plc GROW.L: Peel Hunt cuts target price to 433p from 440p

* Moncler MONC.MI: Barclays cuts target price to EUR 64 from EUR 66

* Munich Re MUVGn.DE: Berenberg raises target price to EUR 520 from EUR 480

* Natwest Group Plc NWG.L: Berenberg raises target price to 415p from 350p

* Natwest Group Plc NWG.L: JP Morgan raises target price to 420p from 370p

* Natwest Group Plc NWG.L: RBC raises target price to 365p from 360p

* Nestle SA NESN.S: Baader Helvea cuts target price to CHF 95 from CHF 105

* Nexans NEXS.PA: Bernstein raises target price to EUR 135 from EUR 130

* Novonesis NSISb.CO: Barclays raises target price to DKK 480 from DKK 460

* Proximus PROX.BR: Barclays cuts target price to EUR 10 from EUR 11

* Pva Tepla AG TPEG.DE: Deutsche Bank cuts target price to EUR 18 from EUR 25

* R&S Group RSGN.S: UBS raises target price to CHF 14.9 from CHF 13.6

* Regional REIT RGLR.L: Peel Hunt adjusts PT to 180p from 18p to reflect stock consolidation

* Renault RENA.PA: Bernstein cuts target price to EUR 60 from EUR 61

* Renault RENA.PA: Jefferies cuts target price to EUR 58 from EUR 60

* Rentokil RTO.L: Stifel cuts target price to 570p from 590p

* Repsol REP.MC: Berenberg cuts target price to EUR 15.50 from EUR 16

* Rightmove RMV.L: UBS raises target price to 782p from 732p

* Rightmove Plc RMV.L: Barclays cuts target price to 530p from 540p

* Rightmove Plc RMV.L: Morgan Stanley raises target price to 655p from 650p

* Sacyr S.A. SCYR.MC: Barclays cuts target price to EUR 4.1 from EUR 4.2

* Saint-Gobain SGOB.PA: Morgan Stanley raises target price to EUR 91 from EUR 90

* Sandoz AG SDZ.S: Barclays initiates coverage with overweight rating and PT CHF 45

* Sanofi SASY.PA: Deutsche Bank raises target price to EUR 85 from EUR 80

* Sartorius AG SATG.DE: JP Morgan cuts target price to EUR 260 from EUR 300

* Sartorius AG SATG_p.DE: JP Morgan cuts target price to EUR 290 from EUR 330

* Sartorius Stedim Biotech SA STDM.PA: JP Morgan cuts PT to EUR 240 from EUR 275

* Segro SGRO.L: Jefferies cuts target price to 930p from 950p

* Signify LIGHT.AS: Barclays cuts target price to EUR 30 from EUR 31

* Sixt SE SIXG.DE: Jefferies cuts target price to EUR 120 from EUR 135

* Soitec SA SOIT.PA: HSBC cuts target price to EUR 181 from EUR 184

* Sopra Steria Group SA SOPR.PA: BofA Global Research cuts PT to EUR 240 from EUR 255

* Spie SA SPIE.PA: Portzamparc raises PT to EUR 44 from EUR 41.5 ; rating 'buy'

* Stabilus SE STM1.DE: JP Morgan cuts target price to EUR 65 from EUR 68

* Stellantis STLAM.MI: Deutsche Bank cuts target price to EUR 23 from EUR 35

* Stellantis STLAM.MI: Deutsche Bank cuts to hold from buy

* Stellantis NV STLAM.MI: Berenberg cuts target price to EUR 19 from EUR 29

* Sulzer AG SUN.S: Stifel raises target price to CHF 175 from CHF 160

* Swatch Group AG UHR.S: Bernstein cuts target price to CHF 222 from CHF 247

* ThyssenKrupp AG TKAG.DE: Morgan Stanley cuts target price to EUR 4 from EUR 4.6

* ThyssenKrupp Nucera AG & Co KGaA NCH2.DE: Berenberg cuts PT to EUR 16 from EUR 18

* ThyssenKrupp Nucera AG & Co KGaA NCH2.DE: Bernstein cuts PT to EUR 20 from EUR 21

* UCB SA UCB.BR: Barclays raises target price to EUR 175 from EUR 160

* UCB SA UCB.BR: Jefferies raises target price to EUR 185 from EUR 167

* UniCredit CRDI.MI: Jefferies raises target price to EUR 48 from EUR 42.7

* Unilever ULVR.L: HSBC raises target price to 4400p from 4200p

* United Internet UTDI.DE: Barclays raises target price to EUR 27 from EUR 26

* Verbio SE VBKG.DE: Jefferies cuts target price to EUR 35 from EUR 38

* Verbund VERB.VI: UBS raises target price to EUR 58 from EUR 57.5

* Vidrala VID.MC: Citigroup cuts target price to EUR 99 from EUR 104

* Vinci SGEF.PA: Jefferies raises target price to EUR 138 from EUR 135

* Volkswagen AG VOWG.DE: RBC cuts target price to EUR 137 from EUR 140

* Wacker Chemie AG WCHG.DE: Stifel raises target price to EUR 126 from EUR 122

* X Fab Silicon Foundries Ev XFAB.PA: Berenberg cuts pt to EUR 7.5 from EUR 10.5

* YIT Oyj YIT.HE: Inderes raises target price to EUR 2.20 from EUR 1.85; rating reduce

* Zehnder Group AG ZEHN.S: Jefferies cuts target price to CHF 53 from CHF 54