* B&M European Value Retail BMEB.L: Morgan Stanley cuts to underweight from equal weight

* Huhtamaki HUH1V.HE: Barclays raises to overweight from equal-weight

* Ryanair RYA.I: Barclays cuts to equal-weight from overweight

* Wizz Air WIZZ.L: Barclays cuts to underweight from equal-weight

* YouGov Plc YOU.L: HSBC cuts to reduce from buy

* ABB Ltd ABBN.S: Deutsche Bank cuts to sell from hold

* ABB Ltd ABBN.S: Deutsche Bank raises target price to CHF 45 from CHF 40

* Acerinox SA ACX.MC: Morgan Stanley cuts target price to EUR 14 from EUR 14.9

* Aedifica NV AOO.BR: Citigroup raises target price to EUR 79.70 from EUR 66.20

* Anglo American AAL.L: Exane BNP Paribas raises target price to 2900p from 2400p

* Anglo American AAL.L: Exane BNP Paribas raises to outperform from neutral

* Anglo American Plc AAL.L: Morgan Stanley raises target price to 2310p from 2270p

* Antofagasta ANTO.L: Morgan Stanley raises target price to 2100p from 2000p

* Aperam SA APAM.AS: Morgan Stanley raises target price to EUR 33 from EUR 32

* ASR Nederland NV ASRNL.AS: HSBC cuts target price to EUR 51.5 from EUR 52.5

* Aurubis AG NAFG.DE: Morgan Stanley cuts target price to EUR 74 from EUR 77

* Avanza Bank AVANZ.ST: JP Morgan raises target price to SEK 194 from SEK 192

* B&M European value Retail BMEB.L: Morgan Stanley cuts PT to 433p from 575p

* B&M European value Retail BMEB.L: Morgan Stanley cuts to underweight from equal weight

* BAE Systems BAES.L: JP Morgan raises target price to 1,500p from 1,400p

* Barratt BDEV.L: Stifel initiates coverage with hold rating; target price 460p

* Befesa SA BFSA.DE: Morgan Stanley raises target price to EUR 30 from EUR 29

* Bellway Plc BWY.L: Stifel initiates coverage with buy rating; target price 2750p

* Berkeley Group BKGH.L: Stifel initiates coverage with hold rating; target price 4630p

* Boliden AB BOL.ST: Morgan Stanley raises target price to SEK 310 from SEK 297

* Convatec Group Plc CTEC.L: BofA Global Research cuts PT to 265p from 280p

* Crest Nicholson Holdings Plc CRST.L: Stifel initiates coverage with hold rating

* Crest Nicholson Holdings Plc CRST.L: Stifel initiates coverage with target price 255p

* DEME DEME.BR: KBC Securities raises PT to EUR 190 from EUR 170; rating accumulate

* Deutsche Lufthansa AG LHAG.DE: RBC cuts target price to EUR 7.5 from EUR 8

* DS Smith Plc SMDS.L: Morgan Stanley cuts target price to 360p from 370p

* EasyJet EZJ.L: Barclays cuts target price to 700p from 750p

* Endeavour Mining EDV.L: Morgan Stanley raises target price to 1871p from 1830p

* Energean Plc ENOG.L: Stifel cuts target price to 1,600p from 1,700p

* Epiroc EPIRa.ST: Deutsche Bank raises target price to SEK 199 from SEK 198

* Fresnillo Plc FRES.L: Morgan Stanley raises target price to 610p from 550p

* Glencore GLEN.L: Morgan Stanley raises target price to 490p from 460p

* HRS ALHRS.PA: Midcap Partners cuts target price to EUR 16 from EUR 20.7; rating 'buy'

* Huhtamaki HUH1V.HE: Barclays raises target price to EUR 44 from EUR 40

* Huhtamaki HUH1V.HE: Barclays raises to overweight from equal-weight

* Hydro NHY.OL: Morgan Stanley raises target price to NOK 84 from NOK 80

* IONOS Group SE IOSn.DE: Deutsche Bank raises target price to EUR 32 from EUR 27

* ITV ITV.L: JP Morgan raises target price to 120p from 112p

* Kion KGX.DE: UBS cuts target price to EUR 50 from EUR 63

* Legrand LEGD.PA: Deutsche Bank raises target price to EUR 94 from EUR 90

* MJ Gleeson Plc GLEG.L: Stifel initiates coverage with buy rating; target price 640p

* Moncler SpA MTTI.MI: Morgan Stanley cuts target price to EUR 58 from EUR 65

* Natwest Group Plc NWG.L: RBC raises target price to 360p from 355p

* Neste Oyj NESTE.HE: Berenberg cuts target price to EUR 22 from EUR 25

* Nexans NEXS.PA: JP Morgan raises target price to EUR 101 from EUR 97

* NKT A/S NKT.CO: JP Morgan raises target price to DKK 573 from DKK 562

* Norcros Plc NXR.L: Peel Hunt raises target price to 260p from 220p

* Nordnet AB (Publ) SAVE.ST: JP Morgan raises target price to SEK 189 from SEK 185

* Norwegian Air Shuttle As NAS.OL: Barclays cuts target price to NOK 18 from NOK 22

* OTE Group OTEr.AT: Deutsche Bank initiates coverage with buy rating and PT EUR 19.5

* Outokumpu Oyj OUT1V.HE: Morgan Stanley cuts target price to EUR 4.9 from EUR 5.1

* Pennon Group Plc PNN.L: JP Morgan cuts target price to 600p from 710p

* Persimmon PSN.L: Stifel initiates coverage with buy rating; target price 1650p

* Pluxee PLX.PA: Deutsche Bank raises target price to EUR 36 from EUR 35.5

* Redrow Plc RDW.L: Stifel initiates coverage with hold rating; target price 660p

* Rio Tinto Plc RIO.L: Morgan Stanley raises target price to 6600p from 6500p

* Rolls Royce RR.L: Citigroup raises target price to 555p from 431p

* Ryanair RYA.I: Barclays cuts target price to EUR 18.5 from EUR 25

* Ryanair RYA.I: Barclays cuts to equal-weight from overweight

* Salzgitter AG SZGG.DE: Morgan Stanley cuts target price to EUR 17.9 from EUR 20

* Schneider Electric SCHN.PA: Deutsche Bank raises target price to EUR 210 from EUR 200

* Sesa SpA SES.MI: Stifel cuts target price to EUR 180 from EUR 207.8

* Severn Trent SVT.L: JP Morgan raises target price to 2,700p from 2,450p

* Severn Trent SVT.L: JP Morgan raises to neutral from underweight

* Sidetrade SA ALBFR.PA: Midcap Partners raises PT to EUR 230 from EUR 195; rating 'buy'

* Siemens Energy ENR1n.DE: Deutsche Bank raises target price to EUR 28 from EUR 27

* SSAB AB SSABa.ST: Morgan Stanley cuts target price to SEK 65 from SEK 68

* Taylor Wimpey TW.L: Stifel initiates coverage with buy rating; target price 155p

* ThyssenKrupp AG TKAG.DE: Morgan Stanley cuts target price to EUR 4.7 from EUR 5.2

* Travis Perkins TPK.L: Citigroup raises target price to 1010p from 820p

* United Utilities UU.L: JP Morgan raises target price to 1,250p from 1,050p

* United Utilities UU.L: JP Morgan raises to overweight from neutral

* Vib Vermoegen AG VIH1n.DE: Baader Helvea cuts target price to EUR 11.5 from EUR 29

* Vistry Group Plc VTYV.L: Stifel initiates coverage with buy rating; PT 1290p

* Voestalpine AG VOES.VI: Morgan Stanley raises target price to EUR 27 from EUR 25.2

* Wizz Air WIZZ.L: Barclays cuts to underweight from equal-weight

* Wizz Air WIZZ.L: Barclays raises target price to 1950p from 1900p

* XPS Pensions Group Plc XPS.L: Deutsche Bank raises target price to 330p from 310p

* XPS Pensions Group Plc XPS.L: Stifel raises target price to 330p from 300p

* YouGov Plc YOU.L: Deutsche Bank cuts target price to 1000p from 1375p

* YouGov Plc YOU.L: HSBC cuts target price to 370p from 1165p

* YouGov Plc YOU.L: HSBC cuts to reduce from buy

* Zealand Pharma A/S ZELA.CO: BTIG raises target price to DKK 950 from DKK 840