* Bakkavor BAKK.L: HSBC raises target price to 170p from 150p

* Drax Group Plc DRX.L: HSBC raises target price to 600p from 500p

* Greggs GRG.L: HSBC cuts to hold from buy

* Pennon Group PNN.L: Barclays cuts to equal-weight from overweight

* United Utilities UU.L: Barclays cuts to underweight from equal-weight

* 1&1 AG 1U1.DE: Deutsche Bank cuts target price to EUR 19.5 from EUR 21

* Aalberts NV AALB.AS: Berenberg cuts target price to EUR 54 from EUR 56

* Aena AENA.MC: Morgan Stanley cuts target price to EUR 210 from EUR 215

* AIB Group Plc AIBG.I: Berenberg raises target price to EUR 6.3 from EUR 6

* Airtel Africa AAF.L: Barclays cuts target price to 130p from 135p

* Alpha Bank SA ACBr.AT: UBS raises target price to EUR 2.32 from EUR 2.3

* Anima Holding ANIM.MI: HSBC raises target price to EUR 5.8 from EUR 5.6

* Atalaya Mining Plc ATYM.L: Peel Hunt cuts target price to 505p from 520p

* Azelis AZE.BR: Jefferies cuts target price to EUR 19 from EUR 20

* Bakkavor BAKK.L: HSBC raises target price to 170p from 150p

* Banca Mediolanum BMED.MI: HSBC raises target price to EUR 12.6 from EUR 12

* Barclays BARC.L: Citigroup raises target price to 270p from 250p

* BAT BATS.L: Jefferies raises target price to 3500p from 3400p

* Believe SA BLV.PA: Bernstein cuts target price to EUR 18.3 from EUR 19.1

* BNP Paribas BNPP.PA: JP Morgan raises target price to EUR 78 from EUR 75

* Bpost BPOST.BR: Barclays raises target price to EUR 3.1 from EUR 3

* BT BT.L: Bernstein raises target price to 220p from 215p

* Burberry BRBY.L: RBC cuts target price to 800p from 1,100p

* Capita Plc CPI.L: Deutsche Bank cuts target price to 30p from 35p

* Cofinimmo SA COFB.BR: Jefferies cuts target price to EUR 75 from EUR 80

* Comet Holding AG COTNE.S: UBS cuts target price to CHF 380 from CHF 390

* Convatec Group Plc CTEC.L: Morgan Stanley cuts target price to 297p from 310p

* Credit Agricole CAGR.PA: RBC raises target price to EUR 16 from EUR 15.50

* Credit Agricole SA CAGR.PA: Barclays raises target price to EUR 16.9 from EUR 16.4

* Croda International CRDA.L: UBS cuts target price to 5400p from 5500p

* Daimler Truck Holding AG DTGGe.DE: BofA Global Research cuts PT to EUR 45 from EUR 57

* Danone DANO.PA: Berenberg raises target price to EUR 63.5 from EUR 63

* Davide Campari-Milano NV CPRI.MI: UBS cuts target price to EUR 11.5 from EUR 12

* Delivery Hero SE DHER.DE: Jefferies cuts target price to EUR 37.5 from EUR 61.5

* Drax Group Plc DRX.L: HSBC raises target price to 600p from 500p

* Ecora Resources Plc ECORE.L: Berenberg raises target price to 150p from 140p

* Endesa ELE.MC: Barclays raises target price to EUR 19.3 from EUR 19

* Enel ENEI.MI: Morgan Stanley raises target price to EUR 7.75 from EUR 7.5

* Enersense International Oyj ESENSE.HE: Inderes raises PT to EUR 3.4 from EUR 3.1

* Enersense International Oyj ESENSE.HE: Inderes raises to accumulate from reduce

* Entain ENT.L: Citigroup cuts target price to 950p from 1150p

* Equasens SA EQSE.PA: Portzamparc cuts target price to EUR 69 from EUR 71.5; rating 'buy'

* Equasens SA EQSE.PA: Stifel cuts target price to EUR 81 from EUR 83

* Erste Group Bank AG ERST.VI: Deutsche Bank raises target price to EUR 54 from EUR 52

* Erste Group Bank AG ERST.VI: UBS raises target price to EUR 57 from EUR 53

* Essilorluxottica SA ESLX.PA: RBC raises target price to EUR 210 from EUR 200

* Evonik Industries AG EVKn.DE: HSBC raises target price to EUR 21 from EUR 19

* Fagron NV FAGRO.BR: Berenberg raises target price to EUR 22.7 from EUR 22

* Finecobank SpA FBK.MI: HSBC raises target price to EUR 17.5 from EUR 17

* Greggs GRG.L: HSBC cuts to hold from buy

* GSK Plc GSK.L: Barclays cuts target price to 1650p from 1725p

* GSK Plc GSK.L: Bernstein raises target price to 2,610p from 2,560p

* Haleon Plc HLN.L: Morgan Stanley raises target price to 385p from 370p

* HSBC HSBA.L: Citigroup raises target price to 840p from 750p

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

* IAG ICAG.L: Bernstein raises target price to 220p from 215p

* IAG ICAG.MC: Morgan Stanley raises target price to EUR 2.9 from EUR 2.8

* IAG ICAG.MC: Raymond James raises target price to EUR 2.50 from EUR 2.30

* IG Group IGG.L: Jefferies raises target price to 1075p from 900p

* ING Groep NV INGA.AS: RBC raises target price to EUR 18.5 from EUR 18

* Intermediate Capital Group Plc ICGIN.L: JP Morgan cuts PT to 2,623p from 2,703p

* Interpump Group SpA ITPG.MI: Stifel initiates with buy rating; price target EUR 51.9

* Interroll Group INRN.S: UBS cuts target price to CHF 2350 from CHF 2462

* Intertek ITRK.L: Bernstein raises target price to 6,000p from 5,700p

* Intertek Group Plc ITRK.L: Morgan Stanley raises target price to 5120p from 4900p

* Intesa Sanpaolo SpA ISP.MI: Morgan Stanley raises target price to EUR 4.8 from EUR 4.7

* Italy'S Prysmian PRY.MI: Morgan Stanley raises target price to EUR 71 from EUR 69

* JD Sports JD.L: RBC raises target price to 155p from 150p

* Just Eat Takeaway.Com TKWY.AS: Jefferies cuts target price to EUR 22.5 from EUR 25.5

* Kering PRTP.PA: RBC cuts target price to EUR 310 from EUR 400

* Lem Holding SA LEHN.S: Stifel cuts target price to CHF 1,525 from CHF 1,850

* Lloyds LLOY.L: Citigroup cuts to neutral from buy; cuts target price to 60p from 68p

* LSE LSEG.L: KBW raises target price to 10900p from 10800p

* LVMH LVMH.PA: RBC cuts target price to EUR 800 from EUR 900

* LVMH LVMH.PA: Stifel cuts target price to EUR 800 from EUR 925

* Man Group Plc EMG.L: BofA Global Research cuts price objective to 285p from 300p

* Maurel & Prom MAUP.PA: Portzamparc cuts PT to EUR 7.0 from EUR 7.2; rating 'buy'

* Mobimo Holding AG MOBN.S: Baader Helvea raises target price to CHF 282 from CHF 280

* Mediobanca MDBI.MI: UBS raises target price to EUR 16 from EUR 15.7

* Moncler MONC.MI: RBC raises target price to EUR 69 from EUR 68

* MTU Aero Engines AG MTXGn.DE: Jefferies raises target price to EUR 320 from EUR 300

* National Bank of Greece SA NBGr.AT: UBS raises target price to EUR 11.2 from EUR 11

* Natwest Group Plc NWG.L: Citigroup raises target price to 400p from 360p

* Next Plc NXT.L: RBC raises target price to 9800p from 9000p

* Pennon Group PNN.L: Barclays cuts target price to 685p from 955p

* Pennon Group PNN.L: Barclays cuts to equal-weight from overweight

* Poste Italiane SpA PST.MI: HSBC raises target price to EUR 13.1 from EUR 12.4

* Prudential PRU.L: Deutsche Bank cuts target price to 865p from 1350p

* Prudential PRU.L: Deutsche Bank cuts to hold from buy

* Prysmian SpA PRY.MI: Barclays raises target price to EUR 67 from EUR 64

* Qiagen NV QIA.DE: Morgan Stanley raises target price to EUR 45 from EUR 44

* Robit Oyj ROBIT.HE: Inderes cuts PT to EUR 1.90 from EUR 2.00; rating accumulate

* Rolls Royce RR.L: BofA Global Research raises price objective to 675p from 600p

* RWE AG RWEG.DE: JP Morgan cuts target price to EUR 48 from EUR 59.5

* Salvatore Ferragamo SFER.MI: Barclays cuts target price to EUR 7.19 from EUR 8

* Schneider Electric SCHN.PA: Morgan Stanley cuts target price to EUR 224 from EUR 234

* Schroders Plc SDR.L: Barclays cuts target price to 440p from 450p

* Scor SCOR.PA: Berenberg cuts target price to EUR 20 from EUR 24

* Securitas AB SECUb.ST: Jefferies raises target price to SEK 88 from SEK 85

* Senior Plc SNR.L: Jefferies cuts target price to 210p from 215p

* SES SA SESFd.PA: Bernstein cuts target price to EUR 6.1 from EUR 6.7

* Severn Trent SVT.L: Barclays cuts target price to 2500p from 3320p

* Severn Trent SVT.L: Barclays cuts to equal-weight from overweight

* Siegfried Holding AG SFZN.S: Stifel raises target price to CHF 1,170 from CHF 1,050

* Siemens Healthineers AG SHLG.DE: UBS cuts target price to EUR 56 from EUR 60

* Solteq Oyj SOLTEQ.HE: Evli Research raises target price to EUR 0.75 from EUR 0.7

* Standard Chartered Plc STAN.L: Citigroup raises target price to 815p from 730p

* Swatch Group AG UHR.S: RBC cuts target price to CHF 180 from CHF 240

* Syensqo SYENS.BR: Deutsche Bank cuts target price to EUR 100 from EUR 110

* Teamviewer SE TMV.DE: JP Morgan raises target price to EUR 14.5 from EUR 13.5

* Technogym SpA TGYM.MI: Stifel raises target price to EUR 10.20 from EUR 10.10

* Tinexta SpA TNXT.MI: Stifel cuts target price to EUR 28 from EUR 31

* United Utilities UU.L: Barclays cuts target price to 975p from 1315p

* United Utilities UU.L: Barclays cuts to underweight from equal-weight

* Valeo VLOF.PA: Bernstein cuts target price to EUR 11.5 from EUR 13.5

* Vat Group VACN.S: Barclays raises target price to CHF 399 from CHF 343

* Vat Group VACN.S: Barclays raises to equal-weight from underweight

* Volkswagen AG VOWG_p.DE: Bernstein cuts target price to EUR 111 from EUR 136

* Volvo AB VOLVb.ST: BofA Global Research cuts price objective to SEK 255 from SEK 280

* Wienerberger AG WBSV.VI: Citigroup raises target price to EUR 40 from EUR 38.5

* Wienerberger AG WBSV.VI: Stifel cuts target price to EUR 41.5 from EUR 45

* Wizz Air WIZZ.L: Bernstein cuts target price to 4,750p from 5,000p

* Wood Plc WG.L: Jefferies raises target price to 230p from 210p

* Worldline SA WLN.PA: Citigroup cuts target price to EUR 16 from EUR 18

* Worldline SA WLN.PA: UBS cuts target price to EUR 7 from EUR 9