* Admiral ADML.L: Berenberg raises to buy from hold; raises PT to 3,127p from 2,973p

* Direct Line Insurance DLGD.L: Berenberg cuts to hold from buy

* IMI Plc IMI.L: JP Morgan raises target price to 2,200p from 1,850p

* Maersk MAERSKb.CO: Morgan Stanley raises target price to DKK 13,800 from DKK 13,300

* Raspberry PI RPI.L: HSBC initiates coverage with buy rating and target price 440p

* 3I Group Plc III.L: UBS cuts to neutral from buy

* 3I Group Plc III.L: UBS raises target price to 3,400p from 3,200p

* AAK AAK.ST: Barclays raises target price to SEK 255 from SEK 230

* Admiral ADML.L: Berenberg raises to buy from hold; raises PT to 3,127p from 2,973p

* Airbus SE AIR.PA: Barclays cuts target price to EUR 176 from EUR 191

* Airbus SE AIR.PA: Deutsche Bank cuts to hold from buy

* Airbus SE AIR.PA: UBS cuts target price to EUR 151 from EUR 160

* Airbus SE AIR.PA: Deutsche Bank cuts target price to EUR 155 from EUR 186

* Airbus SE AIR.PA: JP Morgan cuts target price to EUR 172 from EUR 195

* Airbus SE AIR.PA: RBC cuts target price to EUR 180 from EUR 190

* Andrada Mining Ltd ATM.L: Stifel cuts target price to 10p from 15p

* Argenx ARGX.BR: Barclays raises target price to EUR 390 from EUR 375

* Atalaya Mining Plc ATYM.L: Stifel raises target price to 595p from 550p

* Aurrigo International Plc AURR.L: Canaccord Genuity initiates coverage with speculative buy rating

* Aurrigo International Plc AURR.L: Canaccord Genuity initiates coverage with target price 165p

* BASF SE BASFn.DE: Baader Helvea cuts target price to EUR 50 from EUR 53

* Beazley BEZG.L: Peel Hunt raises target price to 790p from 700p

* Cint Group AB (Publ) CINT.ST: Jefferies cuts target price to SEK 10.3 from SEK 11.5

* Covestro AG 1COV.DE: HSBC raises target price to EUR 59 from EUR 48

* Croda CRDA.L: Deutsche Bank cuts target price to 4,300p from 4,400p

* Deutsche Lufthansa AG LHAG.DE: Barclays cuts target price to EUR 8 from EUR 9

* Direct Line Insurance DLGD.L: Berenberg cuts to hold from buy

* DSV DSV.CO: Morgan Stanley cuts target price to DKK 1469 from DKK 1487

* Ebusco Holding NV EBUS.AS: Degroof Petercam cuts target price to EUR 2.70 from EUR 3.50

* Essity ESSITYb.ST: Barclays raises target price to SEK 251 from SEK 243

* Fuchs SE FPEn.DE: Baader Helvea raises target price to EUR 48 from EUR 42

* Givaudan SA GIVN.S: Baader Helvea raises target price to CHF 4,050 from CHF 3,950

* Halma Plc HLMA.L: UBS raises target price to 3150p from 2800p

* IMI Plc IMI.L: JP Morgan raises target price to 2,200p from 1,850p

* K+S SDFGn.DE: Deutsche Bank cuts target price to EUR 12 from EUR 13.5

* Kering PRTP.PA: JP Morgan cuts target price to EUR 325 from EUR 350

* Kuehne Und Nagel International AG KNIN.S: Morgan Stanley cuts PT to CHF 269 from CHF 272

* Lindt & Spruengli LISN.S: Deutsche Bank raises target price to CHF 103,000 from CHF 102,000

* Maat pharma SA MAAT.PA: Stifel initiates coverage with buy rating; target price EUR 16

* Maersk MAERSKb.CO: Morgan Stanley raises target price to DKK 13,800 from DKK 13,300

* ME Group International Plc MEGPM.L: Peel Hunt initiates coverage with buy rating; PT 350p

* Merck KGaA MRCG.DE: Barclays cuts target price to EUR 195 from EUR 205

* Metso Oyj METSO.HE: JP Morgan raises target price to EUR 10.5 from EUR 9.5

* Moncler MONC.MI: Deutsche Bank cuts target price to EUR 61 from EUR 63

* Nanobiotix SA NANOB.PA: Stifel initiates coverage with buy rating; PT EUR 16

* Nexans NEXS.PA: Jefferies raises target price to EUR 132 from EUR 125

* Ocado OCDO.L: Goldman Sachs cuts target price to 400p from 680p

* Ocado Group Plc OCDO.L: Morgan Stanley cuts target price to 215p from 345p

* Pierer Mobility AG PKTM.S: Stifel cuts target price to CHF 33 from CHF 55

* Prosus NV PRX.AS: HSBC cuts target price to EUR 45 from EUR 46

* Prosus NV PRX.AS: Deutsche Bank raises target price to EUR 46 from EUR 45

* Prudential PRU.L: JP Morgan raises target price to 1,380p from 1,350p

* Raspberry PI RPI.L: HSBC initiates coverage with buy rating and target price 440p

* Rolls-Royce RR.L: Deutsche Bank raises target price to 555p from 465p

* Saipem SPMI.MI: HSBC raises target price to EUR 3.08 from EUR 2.01

* Segro SGRO.L: Citigroup raises target price to 1,149p from 1,069p

* SIG Plc SHI.L: Deutsche Bank cuts target price to 21p from 23p

* SIG Plc SHI.L: Stifel cuts target price to 26p from 30p

* SNP Schneider Neureither & Partner SE SHFG.DE: Stifel raises PT to EUR 48 from EUR 30

* Telia TELIA.ST: JP Morgan raises target price to SEK 29 from SEK 27

* Trigano SA TRIA.PA: Bernstein cuts target price to EUR 181 from EUR 195

* Tritax Eurobox Plc EBOX.L: Peel Hunt raises target price to 65p from 60p

* Wacker Chemie AG WCHG.DE: Baader Helvea raises target price to EUR 122 from EUR 109

* Wacker Chemie AG WCHG.DE: Baader Helvea raises to buy from reduce

* Zealand PHARMA ZELA.CO: SEB raises price target to DKK 990 from DKK 805, maintains buy