* ABN Amro Bank NV ABNd.AS: JP Morgan raises to neutral from underweight

* Banco Bpm BAMI.MI: JP Morgan raises to neutral from underweight

* Shell Plc SHEL.L: Berenberg cuts target price to 3,100p from 3,400p

* UMG UMG.AS: Citigroup cuts target price to EUR 26 from EUR 29.50

* WH Smith SMWH.L: Barclays raises target price to 1590p from 1535p

* ABN Amro Bank NV ABNd.AS: JP Morgan raises to neutral from underweight

* Aedifica NV AOO.BR: Bernstein raises target price to EUR 72.50 from EUR 63.50

* Aker BP ASA AKRBP.OL: Berenberg raises target price to NOK 270 from NOK 260

* Alten SA LTEN.PA: Stifel cuts target price to EUR 130 from EUR 145

* Aroundtown SA AT1.DE: Bernstein raises target price to EUR 2.30 from EUR 1.52

* Autoliv Inc ALIVsdb.ST: BofA Global Research raises PT to SEK 1,450 from SEK 1,390

* Avanza Bank AVANZ.ST: Citigroup cuts target price to SEK 310 from SEK 320

* Azelis AZE.BR: ING raises target price to EUR 29 from EUR 28

* BAE Systems BAES.L: Bernstein raises target price to 1550p from 1500p

* Bakkavor Group Plc BAKK.L: Deutsche Bank raises target price to 170p from 140p

* Banco Bpm BAMI.MI: JP Morgan raises target price to EUR 6.4 from EUR 6

* Banco Bpm BAMI.MI: JP Morgan raises to neutral from underweight

* BMW BMWG.DE: RBC cuts target price to EUR 81 from EUR 98

* BP BP.L: Berenberg cuts target price to 470p from 510p

* British Land BLND.L: Bernstein raises target price to 535p from 526p

* British Land BLND.L: Jefferies raises target price to 317p from 310p

* Bystronic AG BYS.S: Stifel cuts target price to CHF 320 from CHF 340

* Carmila SA CARM.PA: Bernstein raises target price to EUR 16.80 from EUR 15.40

* Cofinimmo SA COFB.BR: Bernstein raises target price to EUR 76.50 from EUR 62

* Colonial COL.MC: Bernstein raises target price to EUR 6.90 from EUR 6.20

* Commerzbank AG CBKG.DE: JP Morgan raises to overweight from neutral

* Continental AG CONG.DE: BofA Global Research cuts PT to EUR 69 from EUR 71

* Covivio SA CVO.PA: Bernstein raises target price to EUR 62 from EUR 58

* Ctp NV CTPNV.AS: Bernstein raises target price to EUR 23 from EUR 21.30

* Derwent London Plc DLN.L: Bernstein raises target price to 2,950p from 2,610p

* Derwent London Plc DLN.L: Bernstein raises to outperform from market-perform

* Derwent London Plc DLN.L: Jefferies raises target price to 2,118p from 2,023p

* Derwent London Plc DLN.L: Stifel cuts to hold from buy

* Deutsche Telekom DTEGn.DE: Morgan Stanley raises target price to EUR 31 from EUR 29.5

* Diageo DGE.L: BofA Global Research raises to buy from neutral

* Diageo DGE.L: BofA Global Research raises target price to 2,800p from 2,600p

* D'Ieteren Group IETB.BN: Barclays raises target price to CHF 275 from CHF 255

* Dowlais Group Plc DWL.L: BofA Global Research cuts price objective to 95p from 108p

* Dunelm Group Plc DNLM.L: Barclays raises target price to 1350p from 1325p

* EasyJet EZJ.L: JP Morgan raises target price to 660p from 650p

* Elekta AB EKTAb.ST: Bernstein cuts target price to SEK 59 from SEK 60

* Elementis Plc ELM.L: JP Morgan raises target price to 186p from 172p

* Elmos Semiconductor SE ELGG.DE: Stifel cuts target price to EUR 85 from EUR 100

* Energean Plc ENOG.L: Berenberg cuts target price to 1175p from 1305p

* Energean Plc ENOG.L: Panmure Liberum cuts target price to 1038p from 1054p

* ENI ENI.MI: Berenberg cuts target price to EUR 15.8 from EUR 16.5

* Enquest Plc ENQ.L: Canaccord Genuity cuts target price to 27p from 30p

* Equinor ASA EQNR.OL: Berenberg raises raises target price to NOK 290 from NOK 260

* Equinor ASA EQNR.OL: Berenberg raises to hold from

* Eurocommercial Properties NV ECMPA.AS: Bernstein cuts to market-perform from outperform

* Eurocommercial Properties NV ECMPA.AS: Bernstein raises PT to EUR 27.50 from EUR 26

* Fevertree Drinks Plc FEVR.L: RBC cuts target price to 1,000p from 1,200p

* Fielmann FIEG.DE: HSBC raises target price to EUR 65 from EUR 61

* FMC AG FMEG.DE: Bernstein raises target price to EUR 41 from EUR 40

* Forvia SE FRVIA.PA: BofA Global Research raises PT to EUR 20.80 from EUR 20.20

* Gecina SA GFCP.PA: Bernstein raises target price to EUR 124 from EUR 115

* Globaldata Plc DATA.L: Berenberg initiates coverage with buy rating and 295p price target

* Grand City Properties SA GYC.DE: Bernstein raises PT to EUR 14.30 from EUR 11.10

* Great Portland Estates Plc GPEG.L: Bernstein raises target price to 460p from 391p

* Great Portland Estates Plc GPEG.L: Bernstein raises to outperform from market-perform

* Great Portland Estates Plc GPEG.L: Jefferies raises target price to 313p from 300p

* GYM Group Plc GYM.L: Deutsche Bank raises target price to 185p from 175p

* Harbour Energy Plc HBR.L: Berenberg cuts target price to 320p from 356p

* Icade SA ICAD.PA: Bernstein raises target price to EUR 30 from EUR 24.60

* Icade SA ICAD.PA: Bernstein raises to outperform from market-perform

* IG Group IGG.L: Peel Hunt raises target price to 1,050p from 857p

* IMCD NV IMCD.AS: ING raises target price to EUR 175 from EUR 173.3

* Inditex ITX.MC: Deutsche Bank raises target price to EUR 41 from EUR 37

* Inditex ITX.MC: JP Morgan raises target price to EUR 52 from EUR 48

* Inditex ITX.MC: Telsey Advisory Group raises target price to EUR 50 from EUR 47

* Inditex ITX.MC: UBS raises target price to EUR 48 from EUR 47

* Italgas IG.MI: Barclays cuts target price to EUR 5.5 from EUR 5.6

* James Fisher and Sons FSJ.L: Canaccord Genuity cuts to hold from buy

* Kier Group Plc KIE.L: Peel Hunt raises target price to 200p from 190p

* Kistos Holdings Plc KIST.L: Berenberg cuts target price to 280p from 300p

* Klepierre LOIM.PA: Bernstein raises target price to EUR 27 from EUR 23

* Koninklijke Philips NV PHG.AS: Bernstein raises PT to EUR 33.50 from EUR 32.50

* Land Securities LAND.L: Bernstein raises target price to 800p from 704p

* Land Securities LAND.L: Bernstein raises to outperform from market-perform

* Land Securities LAND.L: Jefferies raises target price to 515p from 504p

* Leg Immobilien SE LEGn.DE: Bernstein cuts to market-perform from outperform

* Leg Immobilien SE LEGn.DE: Bernstein raises target price to EUR 103 from EUR 91

* Legrand LEGD.PA: Bernstein raises target price to EUR 116 from EUR 97

* Legrand LEGD.PA: Bernstein raises to outperform from market-perform

* Legrand LEGD.PA: Deutsche Bank raises target price to EUR 115 from EUR 100

* Legrand LEGD.PA: Deutsche Bank raises to buy from hold

* Mercialys SA MERY.PA: Bernstein raises target price to EUR 12.50 from EUR 11.10

* Merlin Properties MRL.MC: Bernstein raises target price to EUR 15 from EUR 11.50

* Merlin Properties MRL.MC: Bernstein raises to outperform from market-perform

* Midwich Group Plc MIDWM.L: HSBC cuts target price to 340p from 425p

* Nepi Rockcastle NV NRP.AS: Bernstein raises target price to EUR 7.80 from EUR 7.30

* Neste Corporation NESTE.HE: Inderes cuts PT to EUR 19.0 from EUR 21.0; rating accumulate

* Neste Corporation NESTE.HE: Morgan Stanley cuts PT to EUR 23.2 from EUR 27.5

* Neste Corporation NESTE.HE: Morgan Stanley cuts target price to EUR 23.2 from EUR 27.5

* Next 15 Group Plc NFGN.L: Peel Hunt cuts target price to 755p from 1,100p

* OMV AG OMVV.VI: Berenberg cuts target price to EUR 43 from EUR 49

* Orion ORNBV.HE: Inderes raises target price to EUR 45 from EUR 44; rating reduce

* Pan African Resources Plc PAFR.L: BMO raises target price to 35p from 30p

* Pernod Ricard PERP.PA: BofA Global Research cuts PT to EUR 146 from EUR 151

* Persimmon PSN.L: RBC raises target price to 1500p from 1475p

* Pluxee PLX.PA: Barclays cuts target price to EUR 26 from EUR 28

* PSP Swiss Property AG PSPN.S: Berenberg raises target price to CHF 132 from CHF 130

* Rentokil RTO.L: Bernstein cuts target price to 415p from 470p

* Rentokil RTO.L: Citigroup cuts target price to 550p from 675p

* Rentokil RTO.L: Jefferies cuts target price to 520p from 590p

* Rentokil Initial RTO.L: Barclays cuts target price to 600p from 640p

* Rentokil Initial RTO.L: Deutsche Bank cuts target price to 465p from 550p

* Rentokil Initial Plc RTO.L: UBS cuts target price to 420p from 480p

* Repsol REP.MC: Berenberg cuts target price to EUR 13.5 from EUR 15.5

* Roche BOBOIS RBO.PA: Midcap cuts target price to EUR 39 from EUR 44

* Roche BOBOIS RBO.PA: Midcap cuts to "sell" from "hold

* Roche BOBOIS RBO.PA: Portzamparc cuts target price to EUR 55 from EUR 58; rating "buy"

* RWE RWEG.DE: HSBC raises target price to EUR 49 from EUR 48

* Safran SAF.PA: RBC initiates coverage with outperform rating; price target EUR 240

* Sanofi SASY.PA: TD Cowen raises target price to EUR 122 from EUR 102

* Schaeffler AG SHA_p.DE: BofA Global Research cuts PT to EUR 4 from EUR 5

* Shell Plc SHEL.AS: Berenberg cuts target price to EUR 36 from EUR 40

* Shell Plc SHEL.L: Berenberg cuts target price to 3,100p from 3,400p

* Shurgard Self Storage Ltd SHUR.BR: Bernstein raises PT to EUR 46 from EUR 44.40

* Siemens Healthineers AG SHLG.DE: Bernstein cuts PT to EUR 60.50 from EUR 64.50

* SIG Plc SHI.L: Jefferies cuts target price to 21.9p from 26.2p

* Snam SRG.MI: Barclays cuts target price to EUR 5.2 from EUR 5.3

* Solar FOODS: Inderes initiates coverage with rating sell, target price EUR 11.0

* Syensqo SA SYENS.BR: Degroof Petercam cuts target price to EUR 105 from EUR 111

* TAG Immobilien AG TEGG.DE: Bernstein raises PT to EUR 19.50 from EUR 14.30

* TAG Immobilien AG TEGG.DE: Bernstein raises to outperform from market-perform

* Terna TRN.MI: Barclays raises target price to EUR 8.2 from EUR 8

* TFF GROUP TFF.PA: Portzamparc cuts PT to EUR 51.3 from EUR 53.3; rating "buy"

* Totalenergies SE TTEF.PA: Berenberg cuts target price to EUR 71 from EUR 75

* Trainline TRNT.L: Berenberg raises target price to 475p from 460p

* Trustpilot Group Plc TRST.L: UBS raises target price to 270p from 250p

* UMG UMG.AS: Citigroup cuts target price to EUR 26 from EUR 29.5

* UPM-Kymmene Oyj UPM.HE: Jefferies cuts target price to EUR 33 from EUR 34.5

* URW URW.PA: Bernstein resumes coverage with outperform rating; PT EUR 90

* Valeo VLOF.PA: BofA Global Research raises price objective to EUR 14 from EUR 12

* Valeo VLOF.PA: BofA Global Research raises to buy from neutral

* VGP NV VGP1.BR: Bernstein raises target price to EUR 104 from EUR 96

* WH Smith SMWH.L: Barclays raises target price to 1590p from 1535p

* Wickes Group Plc WIX.L: Peel Hunt raises target price to 190p from 170p