* Adecco Group AG ADEN.S: RBC raises to outperform from sector perform

* Centrica CNA.L: UBS raises to buy from neutral

* Direct Line Insurance DLGD.L: Morgan Stanley resumes coverage with equal-weight rating

* Lindt & Spruengli LISN.S: Barclays raises to equal weight from underweight

* UBS UBSG.S: Deutsche Bank cuts to hold from buy

* 3I Infrastructure Plc 3IN.L: RBC raises target price to 405p from 390p

* 4Imprint Group Plc FOUR.L: UBS initiates coverage with buy rating and PT 8030p

* Adecco Group AG ADEN.S: Morgan Stanley cuts target price to CHF 30.5 from CHF 32

* Adecco Group AG ADEN.S: RBC raises to outperform from sector perform

* Aena AENA.MC: Barclays raises target price to EUR 185 from EUR 180

* Alliance Trust ATST.L: Stifel cuts to negative from neutral

* Alpha Financial Markets Consulting Plc AFM.L: Stifel raises PT to 500p from 440p

* Amg AMG.AS: Degroof Petercam raises target price to EUR 23 from EUR 18

* Anheuser Busch Inbev SA ABI.BR: RBC raises target price to EUR 75 from EUR 73

* Antin Infrastructure Partners Sas ANTIN.PA: Morgan Stanley cuts PT to EUR 14.5 from EUR 15

* ArcelorMittal SA MT.AS: Morgan Stanley raises target price to EUR 30.6 from EUR 30

* Ariston Holding NV ARIS.MI: Morgan Stanley cuts target price to EUR 6 from EUR 6.6

* Assa Abloy AB ASSAb.ST: Bernstein raises target price to SEK 373 from SEK 359

* Assura Group Ltd AGRP.L: Deutsche Bank initiates coverage with buy rating and PT 48p

* AstraZeneca AZN.L: Jefferies raises target price to 11,300p from 11,000p

* Aurubis AG NAFG.DE: Morgan Stanley raises target price to EUR 76 from EUR 75

* Auto1 Group SE AG1G.DE: RBC cuts target price to EUR 13 from EUR 20

* Babcock International BAB.L: Deutsche Bank initiates with buy rating and PT 625p

* Banca Monte Dei Paschi Di Siena SpA BMPS.MI: Barclays raises PT to EUR 5.5 from EUR 5.3

* Banco Bpm BAMI.MI: Barclays raises target price to EUR 8 from EUR 7.8

* Banco Bpm BAMI.MI: UBS raises target price to EUR 6.6 from EUR 6.3

* Bank of Ireland Group Plc BIRG.I: HSBC cuts target price to EUR 12 from EUR 12.8

* Barclays BARC.L: Citigroup cuts target price to 250p from 265p

* Barclays BARC.L: Peel Hunt raises target price to 265p from 245p

* Beazley BEZG.L: Deutsche Bank initiates coverage with buy rating and target price 873p

* Big Yellow Group Plc BYG.L: Deutsche Bank initiates with hold rating and PT 1180p

* Boliden AB BOL.ST: Morgan Stanley raises target price to SEK 297 from SEK 275

* Boohoo BOOH.L: HSBC cuts target price to 46p from 47p

* Boohoo BOOH.L: Jefferies cuts target price to 70p from 75p

* BP BP.L: HSBC cuts target price to 560p from 570p

* British Land BLND.L: Deutsche Bank initiates with hold rating and PT 450p

* Campari CPRI.MI: Bernstein cuts target price to EUR 12.80 from EUR 13.50

* Campari CPRI.MI: BofA Global Research raises price objective to EUR 11.70 from EUR 11.40

* Capital & Regional Plc CAL.L: Deutsche Bank initiates with buy rating and PT 65p

* Centrica CNA.L: UBS raises target price to 170p from 165p

* Centrica CNA.L: UBS raises to buy from neutral

* Ceres Power Holdings Plc CWR.L: HSBC cuts target price to 315p from 350p

* Coats Group Plc COA.L: Deutsche Bank initiates with buy rating and PT 90p

* Coloplast COLOb.CO: Barclays cuts target price to DKK 880 from DKK 885

* Coloplast COLOb.CO: Jefferies cuts target price to DKK 1000 from DKK 1050

* Danske Bank DANSKE.CO: Jefferies raises target price to DKK 224 from DKK 216

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

* Derwent London DLN.L: Deutsche Bank initiates coverage with buy rating and PT 2600p

* Deutsche Lufthansa AG LHAG.DE: Barclays raises target price to EUR 9 from EUR 7.30

* Deutsche Lufthansa AG LHAG.DE: Barclays raises to overweight from equalweight

* Dhl Group DHLn.DE: Bernstein cuts target price to EUR 45 from EUR 46.50

* Dhl Group DHLn.DE: BofA Global Research cuts price objective to EUR 49 from EUR 51

* Direct Line Insurance DLGD.L: Morgan Stanley resumes coverage with equal-weight rating

* Direct Line Insurance DLGD.L: Morgan Stanley resumes coverage with price target 205p

* Direct Line Insurance DLGD.L: RBC cuts target price to 195p from 200p

* DS Smith Plc SMDS.L: Deutsche Bank initiates coverage with hold rating and PT 400p

* E ON SE EONGn.DE: Berenberg raises target price to EUR 15.9 from EUR 15

* Elementis ELM.L: Deutsche Bank initiates coverage with buy rating and target price 170p

* Elmos ELGG.DE: Deutsche Bank raises target price to EUR 75 from EUR 68

* EQT AB EQTAB.ST: Morgan Stanley cuts target price to SEK 370 from SEK 391

* Frontier Developments Plc FDEV.L: Berenberg raises target price to 300p from 170p

* Geberit AG GEBN.S: Barclays raises target price to CHF 420 from CHF 400

* Geberit AG GEBN.S: Morgan Stanley raises target price to CHF 440 from CHF 418

* Geberit AG GEBN.S: Stifel raises to buy from hold; raises PT CHF 600 from CHF 515

* Genmab A/S GMAB.CO: Bernstein cuts target price to DKK 1600 from DKK 1662

* Great Portland Estates Plc GPEG.L: Deutsche Bank initiates coverage with buy rating

* Great Portland Estates Plc GPEG.L: Deutsche Bank initiates coverage with PT 500p

* GSK GSK.L: Bernstein raises target price to 2560p from 2505p

* GSK GSK.L: Citigroup raises target price to 2120p from 2100p

* Hammerson HMSO.L: Deutsche Bank initiates coverage with buy rating and target price 34p

* Heidelberg Materials HEIG.DE: Morgan Stanley raises PT to EUR 100 from EUR 99

* Helical Plc HLCL.L: Deutsche Bank initiates coverage with buy rating and PT 270p

* Helios Underwriting HUW.L: Deutsche Bank initiates coverage with buy rating and PT 201p

* Henkel AG & Co KGaA HNKG.DE: RBC raises target price to EUR 74 from EUR 67

* Henkel AG & Co KGaA HNKG.DE: Stifel raises target price to EUR 83 from EUR 82

* Hochtief AG HOTG.DE: Jefferies raises target price to EUR 109 from EUR 104

* HSBC HSBA.L: Citigroup cuts target price to 780p from 830p

* Imcd NV IMCD.AS: Berenberg cuts target price to EUR 175 from EUR 183

* Indra IDR.MC: Morgan Stanley raises target price to EUR 17.8 from EUR 16.45

* Infineon Technologies AG IFXGn.DE: Citigroup cuts target price to EUR 45 from EUR 48

* Infineon Technologies AG IFXGn.DE: Deutsche Bank raises PT to EUR 44 from EUR 40

* Infineon Technologies AG IFXGn.DE: Susquehanna raises target price to eur 40from EUR 32

* Infineon Technologies AG IFXGn.DE: TD Cowen raises target price to EUR 42 from EUR 40

* Infineon Technologies AG IFXGn.DE: UBS cuts target price to EUR 45 from EUR 46

* Johnson Matthey JMAT.L: Deutsche Bank re-initiates coverage with buy rating; PT 2400p

* Jyske Bank JYSK.CO: Barclays cuts target price to DKK 645 from DKK 656

* Jyske Bank JYSK.CO: UBS raises target price to DKK 610 from DKK 600

* Karnov Group AB (Publ) KARNO.ST: Berenberg cuts target price to SEK 84 from SEK 85

* Karnov Group AB (Publ) KARNO.ST: Berenberg cuts to hold from buy

* Keywords Studios KWS.L: UBS initiates coverage with buy rating and target price 1900p

* Koninklijke Ahold Delhaize NV AD.AS: Degroof Petercam raises PT to EUR 32 from EUR 31

* Koninklijke Ahold Delhaize NV AD.AS: Jefferies raises target price to EUR 30 from EUR 29.5

* Kontron AG KTN.VI: Stifel raises target price to EUR 29 from EUR 27

* Krones AG KRNG.DE: Berenberg raises target price to EUR 155 from EUR 154

* Landsec LAND.L: Deutsche Bank initiates coverage with hold rating and target price 730p

* Lindt & Spruengli LISN.S: Barclays raises target price to CHF 110000 from CHF 100000

* Lindt & Spruengli LISN.S: Barclays raises to equal weight from underweight

* Lloyds LLOY.L: Citigroup cuts target price to 66p from 74p

* Londonmetric Property Plc LMPL.L: Deutsche Bank initiates coverage with hold rating

* Londonmetric Property Plc LMPL.L: Deutsche Bank initiates coverage with PT 220p

* Lonza Group AG LONN.S: Jefferies raises target price to CHF 655 from CHF 647

* Luceco Plc LUCEL.L: Deutsche Bank initiates with buy rating and target price 185p

* Man Group Plc EMG.L: Morgan Stanley cuts target price to 322p from 325p

* Marimekko Oyj MEKKO.HE: Evli Research raises target price to EUR 12 from EUR 11.5

* MGI Media & Games Invest SE M8G.DE: Jefferies raises PT to EUR 1.83 from EUR 1

* Natwest Group Plc NWG.L: Citigroup raises target price to 335p from 320p

* Natwest Group Plc NWG.L: Peel Hunt raises target price to 370p from 330p

* Novonesis NSISb.CO: UBS raises target price to DKK 417 from DKK 410

* OC Oerlikon Corporation AG Pfaeffikon OERL.S: RBC raises PT to CHF 4.80 from CHF 4.10

* Outokumpu OUT1V.HE: Deutsche Bank cuts target price to EUR 4.5 from EUR 4.8

* Primary Health Properties Plc PHP.L: Deutsche Bank initiates coverage with buy rating

* Primary Health Properties Plc PHP.L: Deutsche Bank initiates coverage with PT 110p

* PSP Swiss Property PSPN.S: UBS raises target price to CHF 130 from CHF 128

* Ren RENE.LS: RBC raises target price to EUR 2.30 from EUR 2.10

* Ren RENE.LS: RBC raises to sector perform from underperform

* Sabre SBRE.L: Deutsche Bank initiates coverage with buy rating and target price 209p

* Safestore Holdings Plc SAFE.L: Deutsche Bank initiates with hold rating and PT 900p

* Saga SAGA.L: Deutsche Bank initiates coverage with buy rating and target price 154p

* Sampo Oyj SAMPO.HE: Berenberg raises target price to EUR 44.7 from EUR 44

* Sampo Oyj SAMPO.HE: Jefferies raises target price to EUR 39.5 from EUR 38

* Sandoz Group AG SDZ.S: Deutsche Bank raises target price to CHF 28 from CHF 26

* Sandoz Group AG SDZ.S: Morgan Stanley raises target price to CHF 32 from CHF 30

* Santander SAN.MC: RBC raises target price to EUR 4.95 from EUR 4.80

* Schibsted ASA SCHA.OL: Morgan Stanley cuts target price to NOK 407 from NOK 410

* Segro SGRO.L: Deutsche Bank initiates coverage with buy rating and target price 1050p

* Shaftesbury Capital Plc SHCS.L: Deutsche Bank initiates coverage with hold rating

* Shaftesbury Capital Plc SHCS.L: Deutsche Bank initiates target price 160p

* Sixt SE SIXG.DE: Deutsche Bank cuts target price to EUR 116 from EUR 120

* Smartcraft ASA SMCRT.OL: Berenberg raises target price to NOK 34 from NOK 32

* Smurfit Kappa SKG.L: Deutsche Bank initiates with buy rating and target price 4200p

* Solvay SOLB.BR: Berenberg raises target price to EUR 35 from EUR 28

* Solvay SOLB.BR: Jefferies raises target price to EUR 24 from EUR 20

* Standard Chartered Plc STAN.L: Citigroup raises target price to 800p from 750p

* Standard Chartered Plc STAN.L: Jefferies raises target price to 1,330p from 1,300p

* Synthomer Plc SYNTS.L: Deutsche Bank initiates with hold rating and target price 260p

* Teamviewer SE TMV.DE: Bernstein cuts target price to EUR 13 from EUR 16

* Teamviewer SE TMV.DE: Morgan Stanley cuts target price to EUR 14.25 from EUR 14.75

* Teamviewer SE TMV.DE: Morgan Stanley raises to equal-weight from underweight

* ThyssenKrupp Nucera AG & Co KGaA NCH2.DE: RBC initiates coverage with outperform rating

* ThyssenKrupp Nucera AG & Co KGaA NCH2.DE: RBC initiates coverage with PT EUR 21

* Trustpilot Group Plc TRST.L: UBS initiates with buy rating and target price 250p

* UBS UBSG.S: Berenberg raises target price to CHF 32 from CHF 29

* UBS UBSG.S: Deutsche Bank cuts target price to CHF 28 from CHF 29

* UBS UBSG.S: Deutsche Bank cuts to hold from buy

* UBS UBSG.S: RBC raises target price to CHF 30 from CHF 28

* Unicredit CRDI.MI: Barclays raises target price to EUR 43.1 from EUR 41.5

* Unite Group Plc UTG.L: Deutsche Bank initiates with buy rating and target price 1160p

* Valeo VLOF.PA: HSBC cuts target price to EUR 14 from EUR 14.5

* Vestas VWS.CO: Deutsche Bank raises to buy from hold

* Victrex Plc VCTX.L: Deutsche Bank initiates with hold rating and target price 1380p

* Vodafone VOD.L: Barclays cuts target price to 80p from 85p

* Workspace Group WKP.L: Deutsche Bank initiates with buy rating and target price 660p

* YouGov Plc YOU.L: UBS initiates coverage with neutral rating and target price 960p

* Zalando SE ZALG.DE: UBS raises target price to EUR 25.5 from EUR 25