* Arkema SA AKE.PA: HSBC raises target price to EUR 117 from EUR 107

* Bytes Technology Group Plc BYIT.L: Deutsche Bank initiates coverage with buy rating

* Fuller Smith & Turner Plc FSTA.L: Deutsche Bank initiates coverage with buy rating

* Munich Re MUVGn.DE: Berenberg raises target price to EUR 480 from EUR 465

* Siemens Energy AG ENR1n.DE: HSBC raises target price to EUR 27 from EUR 17

* 888 Holdings 888.L: Deutsche Bank initiates coverage with hold rating and PT 90p

* A.S.R. ASRNL.AS: Deutsche Bank raises target price to EUR 55 from EUR 50

* About You Holdings SE YOUG.DE: UBS cuts target price to EUR 5.1 from EUR 5.5

* Accesso Technology Group Plc ACSO.L: Deutsche Bank initiates coverage with buy rating

* Accesso Technology Group Plc ACSO.L: Deutsche Bank initiates coverage with PT 1000p

* Alstom ALSO.PA: BofA Global Research raises price objective to EUR 21 from EUR 20

* Amadeus AMA.MC: Bernstein raises target price to EUR 74.5 from EUR 74

* Amadeus AMA.MC: Deutsche Bank raises target price to EUR 62 from EUR 58

* Anheuser Busch Inbev SA ABI.BR: Barclays cuts target price to EUR 61 from EUR 63

* Anheuser Busch Inbev SA ABI.BR: BofA Global Research ups price objective to EUR 70 from EUR 68

* ArcelorMittal MT.AS: Goldman Sachs starts coverage with neutral rating

* ArcelorMittal SA MT.AS: Goldman Sachs initiates with neutral rating; PT EUR 26.6

* Arkema SA AKE.PA: HSBC raises target price to EUR 117 from EUR 107

* Barclays BARC.L: Deutsche Bank initiates coverage with buy rating and target price 270p

* Bechtle AG BC8G.DE: Barclays cuts target price to EUR 38 from EUR 40

* Bechtle AG BC8G.DE: Berenberg cuts target price to EUR 55 from EUR 57

* Biomerieux SA BIOX.PA: Barclays initiates with overweight rating; price target EUR 120

* BMW BMWG.DE: Bernstein cuts target price to EUR 130 from EUR 132

* BP BP.L: Jefferies raises target price to 580p from 570p

* BPER EMII.MI: UBS raises target price to EUR 6.5 from EUR 6.1

* Bytes Technology Group Plc BYIT.L: Deutsche Bank initiates coverage with buy rating

* Bytes Technology Group Plc BYIT.L: Deutsche Bank initiates coverage with PT 585p

* Cerillion CER.L: Deutsche Bank initiates coverage with hold rating and PT 1440p

* Chesnara Plc CSN.L: RBC cuts target price to 320p from 335p

* Coloplast A/S COLOb.CO: UBS cuts target price to DKK 884 from DKK 910

* Continental AG CONG.DE: Deutsche Bank cuts target price to EUR 70 from EUR 80

* Credito Emiliano SpA EMBI.MI: Barclays raises target price to EUR 10.6 from EUR 10.1

* Dalata DHG.I: Deutsche Bank initiates coverage with buy rating and PT EUR 6.2

* Danske Bank DANSKE.CO: Citigroup cuts target price to DKK 245 from DKK 262

* Danske Bank DANSKE.CO: UBS cuts target price to DKK 231 from DKK 232

* Darktrace Plc DARK.L: Deutsche Bank initiates coverage with hold rating and PT 620p

* DHL Group DHLn.DE: Morgan Stanley raises target price to EUR 47 from EUR 46

* Diasorin SpA DIAS.MI: Barclays initiates coverage with equal weight rating; PT EUR 95

* DNB Bank ASA DNB.OL: Citigroup cuts target price to NOK 191 from NOK 207

* Domino's Pizza Group DOM.L: Deutsche Bank initiates coverage with buy rating and PT 480p

* Dotdigital DOTD.L: Deutsche Bank initiates coverage with buy rating and PT 115p

* DSMFirmenich DSFIR.AS: UBS cuts target price to EUR 122 from EUR 126

* E.ON SE EONGn.DE: Bernstein raises target price to EUR 14 from EUR 13

* EMS Chemie Holding AG EMSN.S: Berenberg raises target price to CHF 657 from CHF 637

* Evonik Industries AG EVKn.DE: Berenberg raises target price to EUR 22 from EUR 20

* FDM Group Holdings Plc FDM.L: Deutsche Bank initiates coverage with hold rating

* FDM Group Holdings Plc FDM.L: Deutsche Bank initiates coverage with target price 365p

* Fluidra FLUI.MC: Barclays cuts target price to EUR 23 from EUR 23.3

* Frontier Developments Plc FDEV.L: Deutsche Bank initiates coverage with PT 200p

* Frontier Developments Plc FDEV.L: Deutsche Bank initiates coverage with sell rating

* Frontier Developments Plc FDEV.L: Liberum raises target price to 500p from 360p

* Fuller Smith & Turner Plc FSTA.L: Deutsche Bank initiates coverage with buy rating

* Fuller Smith & Turner Plc FSTA.L: Deutsche Bank initiates coverage with PT 1250p

* Galp GALP.LS: Jefferies raises target price to EUR 28 from EUR 18

* Galp GALP.LS: Jefferies raises target price to EUR 28 from EUR 18

* GB Group Plc GBGP.L: Deutsche Bank initiates coverage with buy rating and PT 550p

* Generali GASI.MI: Barclays raises target price to EUR 21 from EUR 20.5

* Greggs Plc GRG.L: Deutsche Bank initiates coverage with hold rating and PT 2600p

* Gym Group Plc GYM.L: Deutsche Bank initiates coverage with buy rating and PT 170p

* Handelsbanken SHBa.ST: Citigroup cuts target price to SEK 100 from SEK 105

* Helios Towers HTWS.L: Berenberg raises target price to 185p from 170p

* Hellofresh SE HFGG.DE: BofA Global Research cuts price objective to EUR 5.6 from EUR 6

* Henkel HNKG_p.DE: Deutsche Bank raises target price to EUR 75 from EUR 70

* Henkel HNKG_p.DE: UBS raises target price to EUR 81 from EUR 75

* Henkel AG & Co KGaA HNKG.DE: Jefferies raises target price to EUR 91 from EUR 86

* Henkel AG & Co KGaA HNKG_p.DE: Barclays raises target price to EUR 78 from EUR 76

* Henkel AG & Co KGaA HNKG_p.DE: Berenberg raises target price to EUR 86 from EUR 78

* Henkel AG & Co KGaA HNKG_p.DE: HSBC raises target price to EUR 94 from EUR 87

* Hiscox HSX.L: Peel Hunt raises target price to 1,445p from 1,340p

* Hollywood Bowl Group Plc BOWL.L: Deutsche Bank initiates coverage with buy rating

* Hollywood Bowl Group Plc BOWL.L: Deutsche Bank initiates coverage with PT 384p

* Hostelworld Group HSW.L: Deutsche Bank initiates coverage with buy rating and PT 215p

* HSBC HSBA.L: RBC raises target price to 750p from 725p

* IHG IHG.L: Citigroup raises target price to 6300p from 6100p

* Infineon Technologies AG IFXGN.DE: HSBC cuts target price to EUR 50 from EUR 53

* Infineon Technologies AG IFXGn.DE: Morgan Stanley raises PT to EUR 45 from EUR 40

* Informa INF.L: Barclays raises target price to 975p from 950p

* Informa INF.L: Morgan Stanley raises target price to 870p from 850p

* Intesa Sanpaolo SpA ISP.MI: Morgan Stanley raises target price to EUR 4.2 from EUR 4.1

* JD Wetherspoon JDW.L: Deutsche Bank initiates coverage with hold rating and PT 750p

* Jet2 Plc JET2.L: Deutsche Bank initiates coverage with buy rating and PT 2240p

* Kainos Group Plc KNOS.L: Deutsche Bank initiates coverage with hold rating and PT 1050p

* Keywords Studios KWS.L: Deutsche Bank initiates coverage with buy rating and PT 2470p

* Knorr Bremse AG KBX.DE: Citigroup raises target price to EUR 83 from EUR 79

* Lanxess AG LXSG.DE: HSBC raises target price to EUR 29 from EUR 26

* Lanxess AG LXSG.DE: UBS raises target price to EUR 28 from EUR 26

* Lloyds Banking Group LLOY.L: Deutsche Bank initiates coverage with buy rating and PT 61p

* Metro AG B4B.DE: Barclays cuts target price to EUR 5.2 from EUR 6.3

* Millicom TIGOsdb.ST: Barclays raises target price to SEK 275 from SEK 235

* Mitchells & Butlers MAB.L: Deutsche Bank initiates coverage with buy rating and PT 320p

* Molten Ventures GROW.L: Deutsche Bank initiates coverage with buy rating and PT 661p

* Montea NV MONTE.BR: Berenberg raises target price to EUR 95 from EUR 85

* Munich Re MUVGn.DE: Berenberg raises target price to EUR 480 from EUR 465

* Munich Re MUVGn.DE: Citigroup raises target price to EUR 475 from EUR 448.20

* Munich Re MUVGn.DE: Morgan Stanley raises target price to EUR 501 from EUR 493

* Munich Re MUVGn.DE: RBC raises target price to EUR 487 from EUR 464

* Natwest Group Plc NWG.L: Barclays raises target price to 400p from 330p

* Natwest Group Plc NWG.L: Deutsche Bank initiates coverage with buy rating and PT 345p

* NCC Group Plc NCCG.L: Deutsche Bank initiates coverage with hold rating and PT 135p

* NKT A/S NKT.CO: Barclays cuts target price to DKK 484 from DKK 507

* Nordea Bank Abp NDAFI.HE: Citigroup raises target price to EUR 15.10 from EUR 13.70

* Ocado OCDO.L: Deutsche Bank initiates coverage with buy rating and target price 660p

* Oersted A/S ORSTED.CO: HSBC raises target price to DKK 455 from DKK 445

* On the Beach Group OTB.L: Deutsche Bank initiates coverage with buy rating and PT 250p

* OSB Group Plc OSBO.L: Deutsche Bank initiates coverage with buy rating and PT 510p

* Oxford Metrics Plc OMG1.L: Deutsche Bank initiates coverage with buy rating and PT 140p

* Paragon Banking PAGPA.L: Deutsche Bank initiates coverage with hold rating and PT 640p

* Playtech PTEC.L: Deutsche Bank initiates coverage with buy rating and PT 825p

* Prudential PRU.L: UBS cuts target price to 1110p from 1140p

* Puma SE PUMG.DE: Deutsche Bank raises target price to EUR 67 from EUR 63

* Puma SE PUMG.DE: Jefferies raises target price to EUR 47 from EUR 40

* Puma SE PUMG.DE: Morgan Stanley raises target price to EUR 48 from EUR 45

* Puma SE PUMG.DE: TD Cowen raises target price to EUR 53 from EUR 45

* Puma SE PUMG.DE: UBS raises target price to EUR 51 from EUR 44

* Rank Group Plc RNK.L: Deutsche Bank initiates coverage with buy rating and PT 110p

* Renishaw RSW.L: UBS cuts target price to 4800p from 5000p

* RM Infrastructure Income Plc RMII.L: Stifel cuts to neutral from positive

* S4 Capital SFOR.L: HSBC raises target price to 91p from 82p

* SaintGobain SGOB.PA: HSBC raises target price to EUR 100 from EUR 94

* Schroders SDR.L: Morgan Stanley cuts target price to 415p from 442p

* SEB AB SEBa.ST: Citigroup raises target price to SEK 155 from SEK 146

* Siemens Energy AG ENR1n.DE: Citigroup raises PT to EUR 25 from EUR 17.50

* Siemens Energy AG ENR1n.DE: HSBC raises target price to EUR 27 from EUR 17

* Siemens Energy AG ENR1n.DE: Morgan Stanley raises PT to EUR 27.5 from EUR 23

* Siemens Healthineers AG SHLG.DE: Bernstein cuts PT to EUR 64.5 from EUR 66.5

* Sma Solar S92G.DE: TD Cowen cuts target price to EUR 50 from EUR 60

* Societe Generale SOGN.PA: UBS cuts target price to EUR 29.8 from EUR 30

* Softcat Plc SCTS.L: Deutsche Bank initiates coverage with hold rating and PT 1700p

* SSP Group SSPG.L: Deutsche Bank initiates coverage with buy rating and PT 305p

* Stroeer SAXG.DE: Barclays raises target price to EUR 64 from EUR 60

* Stroeer SAXG.DE: Bernstein raises target price to EUR 73 from EUR 67

* Stroeer SAXG.DE: HSBC raises target price to EUR 72 from EUR 65

* Swedbank SWEDa.ST: Citigroup raises target price to SEK 251 from SEK 249

* Team17 Group Plc TM17.L: Deutsche Bank initiates coverage with buy rating and PT 325p

* Unicredit CRDI.MI: Berenberg raises target price to EUR 44 from EUR 38

* Unicredit CRDI.MI: Morgan Stanley raises target price to EUR 40 from EUR 37.7

* Unicredit CRDI.MI: UBS raises target price to EUR 48 from EUR 45.5

* Unicredit SpA CRDI.MI: Deutsche Bank raises target price to EUR 40.4 from EUR 35.4

* Vanquis Banking Group Plc VANQ.L: Deutsche Bank initiates coverage with buy rating

* Vanquis Banking Group Plc VANQ.L: Deutsche Bank initiates coverage with PT 88p

* Verallia SA VRLA.PA: Citigroup cuts target price to EUR 49.50 from EUR 50

* Vestas VWS.CO: Berenberg cuts target price to DKK 215 from DKK 225

* Vidrala VID.MC: Citigroup raises target price to EUR 105 from EUR 96.50

* Vitesco Technologies VTSCn.F: UBS cuts target price to EUR 70 from EUR 94

* WAG Payment Solutions Plc WPS.L: Deutsche Bank initiates coverage with buy rating

* WAG Payment Solutions Plc WPS.L: Deutsche Bank initiates coverage with PT 115p

* WH Smith SMWH.L: Deutsche Bank initiates coverage with hold rating and PT 1310p

* Whitbread WTB.L: Barclays cuts target price to 3850p from 4250p

* Whitbread WTB.L: Deutsche Bank initiates coverage with buy rating and PT 4150p