* Admiral ADML.L: RBC raises target price to 3400p from 2600p

* Auto Trader AUTOA.L: Citigroup raises target price to 711p from 700p

* BBVA BBVA.MC: Citigroup raises target price to EUR 11.9 from EUR 11

* Phoenix PHNX.L: Barclays cuts to underweight from overweight

* SGS SA SGSN.S: JP Morgan raises to overweight from neutral

* Acerinox ACX.MC: JP Morgan cuts target price to EUR 8.8 from EUR 12

* Acerinox ACX.MC: JP Morgan cuts to underweight from overweight

* ACS ACS.MC: Morgan Stanley raises target price to EUR 40 from EUR 30

* Admiral ADML.L: RBC raises target price to 3400p from 2600p

* Admiral ADML.L: RBC raises to outperform from sector perform

* Air France-KLM AIRF.PA: Citigroup cuts target price to EUR 12 from EUR 19

* Alpha Services and Holdings SA ACBr.AT: Goldman Sachs cuts PT to EUR 1.95 from EUR 2.11

* Alpha Services and Holdings SA ACBr.AT: Goldman Sachs cuts to neutral from buy

* Alphawave Semi AWE.L: Deutsche Bank raises target price to 200p from 180p

* Andritz ANDR.VI: Deutsche Bank raises target price to EUR 85 from EUR 84

* Anglo American AAL.L: Barclays raises target price to 2715p from 2500p

* Antofagasta ANTO.L: Barclays raises target price to 1725p from 1295p

* Antofagasta ANTO.L: Citigroup raises target price to 2600p from 2250p

* Aperam SA APAM.AS: JP Morgan cuts target price to EUR 25.7 from EUR 26.6

* Aperam SA APAM.AS: Morgan Stanley cuts target price to EUR 27 from EUR 30

* ArcelorMittal MT.AS: Deutsche Bank cuts target price to EUR 29 from EUR 31

* ArcelorMittal MT.AS: Deutsche Bank cuts to hold from buy

* Ashmore ASHM.L: Citigroup cuts target price to 163p from 175p

* Ashmore Group PLC ASHM.L: UBS cuts target price to 190p from 200p

* ASML Holding NV ASML.AS: Degroof Petercam raises PT to EUR 1,070 from EUR 880

* ASML Holding NV ASML.AS: Deutsche Bank raises target price to EUR 1000 from EUR 880

* ASML Holding NV ASML.AS: Evercore ISI initiates with outperform rating; PT EUR 1085

* AstraZeneca AZN.L: Deutsche Bank raises target price to 10500p from 9500p

* AstraZeneca AZN.L: Deutsche Bank raises to hold from sell

* Auction Technology Group PLC ATG.L: JP Morgan cuts target price to 570p from 582p

* Auto Trader AUTOA.L: Citigroup raises target price to 711p from 700p

* Barry Callebaut BARN.S: UBS raises target price to CHF 1350 from CHF 1180

* Barry Callebaut BARN.S: UBS raises to neutral from sell

* Barry Callebaut AG BARN.S: Stifel raises target price to CHF 1600 from CHF 1400

* Barry Callebaut AG BARN.S: Stifel raises to buy from hold

* BBVA BBVA.MC: Citigroup raises target price to EUR 11.9 from EUR 11

* Bechtle BC8G.DE: Deutsche Bank raises target price to EUR 60 from EUR 59

* Boliden AB BOL.ST: Barclays raises target price to SEK 370 from SEK 305

* Boliden AB BOL.ST: Citigroup raises target price to SEK 360 from SEK 320

* Bossard Group BOS.S: UBS cuts target price to CHF 180 from CHF 185

* Broadpeak ALBPK.PA: Midcap raises to "Buy" from "hold"; target price EUR 3.00

* Broadpeak ALBPK.PA: Portzamparc cuts PT to EUR 4.6 from EUR 5.0; rating "buy"

* Buzzi Unicem BZU.MI: JP Morgan raises target price to EUR 33 from EUR 31

* Carl Zeiss Meditec AG AFXG.DE: HSBC cuts target price to EUR 115 from EUR 120

* Ceres Power Holdings PLC CWR.L: Berenberg cuts target price to 650p from 800p

* Clariant AG CLN.S: Baader Helvea raises target price to CHF 17 from CHF 16

* Close Brothers Group PLC CBRO.L: Peel Hunt cuts target price to 500p from 518p

* Commerzbank AG CBKG.DE: RBC raises target price to EUR 14.25 from EUR 13.75

* Deme DEME.BR: KBC raises target price to EUR 170 from EUR 150; rating "accumulate"

* Deutsche Lufthansa AG LHAG.DE: Citigroup cuts target price to EUR 6 from EUR 6.6

* DS Smith Plc SMDS.L: Morgan Stanley raises target price to 370p from 350p

* EasyJet EZJ.L: Citigroup cuts target price to 595p from 640p

* Endeavour Mining Plc EDV.L: Barclays raises target price to 3200p from 2600p

* Eurobank Ergasias Services and Holdings SA EURBr.AT: Goldman Sachs raises PT to EUR 2.5 from EUR 1.95

* Eurobank Ergasias Services and Holdings SA EURBr.AT: Goldman Sachs raises to buy from neutral

* Ferrexpo FXPO.L: Barclays cuts target price to 100p from 120p

* Flutter Entertainment FLTRF.L: Deutsche Bank raises target price to 17589p from 17154p

* Gjensidige Forsikring ASA GJFG.OL: Barclays cuts target price to NOK 215 from NOK 245

* Gjensidige Forsikring ASA GJFG.OL: Jefferies cuts target price to NOK 178 from NOK 188

* Glencore GLEN.L: Barclays raises target price to 515p from 435p

* Heidelberg Materials HEIG.DE: UBS raises target price to EUR 105 from EUR 86

* Heidelberg Materials AG HEIG.DE: Deutsche Bank raises PT to EUR 115 from EUR 110

* Hemnet Group AB (Publ) HEM.ST: Citigroup raises target price to SEK 342 from SEK 298

* Hochschild HOCM.L: Barclays raises target price to 170p from 125p

* Hydro NHY.OL: Barclays raises target price to NOK 90 from NOK 82

* Hydro NHY.OL: Citigroup raises target price to NOK 70 from NOK 65

* IAG ICAG.L: Citigroup raises target price to 225p from 210p

* Interparfums IPAR.PA: Midcap cuts target price to EUR 59.0 from EUR 59.5; rating "buy"

* Jupiter Fund Management JUP.L: Citigroup raises target price to 95p from 90p

* Kainos KNOS.L: Berenberg cuts target price to 1260p from 1315p

* Kesko Oyj KESKOB.HE: Inderes raises to accumulate from reduce; raises PT to EUR 18.0 from EUR 17.0

* Knorr-Bremse KBX.DE: Deutsche Bank raises target price to EUR 70 from EUR 67

* Koninklijke Ahold Delhaize AD.AS: Bernstein resumes coverage with market perform rating

* Koninklijke Ahold Delhaize AD.AS: Bernstein resumes coverage with PT EUR 30

* Logitech LOGN.S: Deutsche Bank cuts to sell from hold

* Man Group PLC EMG.L: Citigroup raises target price to 310p from 290p

* Moneysupermarket.com MONY.L: Peel Hunt raises to buy from add

* Mutares SE & Co KGaA MUXG.DE: KBW raises target price to EUR 46 from EUR 40

* National Bank of Greece SA NBGr.AT: Goldman Sachs raises PT to EUR 10 from EUR 8.9

* Next 15 Group Plc NFGN.L: Liberum raises target price to 1205p from 1185p

* NOS NOS.LS: Barclays raises target price to EUR 4 from EUR 3.7

* Novozymes A/S NSISb.CO: Barclays raises target price to DKK 460 from DKK 410

* Outokumpu Oyj OUT1V.HE: JP Morgan cuts target price to EUR 3.5 from EUR 4

* Outokumpu Oyj OUT1V.HE: Morgan Stanley cuts target price to EUR 5.3 from EUR 5.4

* Oxford Instruments OXIG.L: JP Morgan cuts target price to 2,400p from 2,500p

* Pagegroup PAGE.L: Morgan Stanley cuts target price to 425p from 450p

* Pennon Group PNN.L: Morgan Stanley cuts target price to 820p from 860p

* Petra Diamonds PDL.L: Barclays cuts target price to 42p from 55p

* Phoenix PHNX.L: Barclays cuts target price to 500p from 600p

* Phoenix PHNX.L: Barclays cuts to underweight from overweight

* Piraeus Financial Holdings SA BOPr.AT: Goldman Sachs raises PT to EUR 5.3 from EUR 4.7

* Prosiebensat 1 Media SE PSMGn.DE: Bernstein raises PT to EUR 5.7 from EUR 4.9

* Rio Tinto RIO.L: Barclays raises target price to 6000p from 5900p

* Roche Holding AG ROG.S: Morgan Stanley raises target price to CHF 260 from CHF 250

* Ryanair RYA.I: Citigroup raises target price to EUR 26 from EUR 25

* Saipem SPMI.MI: Morgan Stanley raises target price to EUR 2.75 from EUR 2.6

* Salzgitter AG SZGG.DE: JP Morgan cuts target price to EUR 21.3 from EUR 22.6

* Savills PLC SVS.L: HSBC raises target price to 1260p from 825p

* Savills PLC SVS.L: HSBC raises to buy from hold

* Scout24 SE G24n.DE: Citigroup raises target price to EUR 82.1 from EUR 81.3

* SGS SA SGSN.S: JP Morgan raises to overweight from neutral

* Smurfit Kappa SKG.L: Jefferies raises target price to 4100p from 3750p

* Smurfit Kappa SKG.L: Morgan Stanley raises target price to 4100p from 4000p

* Soitec SOIT.PA: Deutsche Bank cuts target price to EUR 155 from EUR 200

* Spie SA SPIE.PA: Jefferies raises target price to EUR 33 from EUR 28

* SSAB AB SSABa.ST: Deutsche Bank cuts target price to SEK 66 from SEK 90

* SSAB AB SSABa.ST: JP Morgan cuts target price to SEK 78 from SEK 103

* SSAB AB SSABa.ST: JP Morgan cuts to neutral from overweight

* SSAB AB SSABb.ST: JP Morgan cuts target price to SEK 70 from SEK 93

* Straumann Holding AG STMN.S: Morgan Stanley cuts PT to CHF 109 from CHF 110

* Subsea 7 SA SUBC.OL: Morgan Stanley raises target price to NOK 175 from NOK 170

* Swatch Group AG UHR.S: Morgan Stanley cuts target price to CHF 190 from CHF 240

* Temenos AG TEMN.S: Stifel raises target price to CHF 100 from CHF 80

* ThyssenKrupp TKAG.DE: JP Morgan cuts target price to EUR 4.5 from EUR 4.9

* TT Electronics PLC TTG.L: HSBC raises target price to 280p from 240p

* Var Energi ASA VAR.OL: Morgan Stanley raises target price to NOK 46.5 from NOK 41

* VAT Group VACN.S: Deutsche Bank raises target price to CHF 420 from CHF 360

* Veolia VIE.PA: Bernstein raises target price to EUR 34.8 from EUR 34.1

* Voestalpine AG VOES.VI: JP Morgan cuts target price to EUR 22.2 from EUR 25.9

* Voestalpine AG VOES.VI: JP Morgan cuts to underweight from neutral

* Volvo VOLVb.ST: UBS raises target price to SEK 263 from SEK 240

* VP Plc VP.L: Berenberg cuts target price to 950p from 1040p