* Adidas AG ADSGn.DE: Wedbush raises target price to EUR 233 from EUR 200

* Darktrace DARK.L: HSBC raises target price to 620p from 540p

* Essity AB (Publ) ESSITYb.ST: HSBC resumes with buy rating; price target SEK 330

* HSBC HSBA.L: Berenberg raises target price to 830p from 800p

* Renishaw Plc RSW.L: Peel Hunt initiates coverage with buy rating; target price 5000p

* Acciona Energia ANE.MC: HSBC raises to hold from reduce

* Adidas AG ADSGn.DE: Bernstein raises target price to EUR 204 from EUR 195

* Adidas AG ADSGn.DE: Jefferies raises target price to EUR 210 from EUR 185

* Adidas AG ADSGn.DE: TD Cowen raises target price to EUR 216 from EUR 209

* Adidas AG ADSGn.DE: Telsey Advisory Group raises target price to EUR 245 from EUR 225

* Adidas AG ADSGn.DE: UBS raises target price to EUR 276 from EUR 231

* Adidas AG ADSGn.DE: Wedbush raises target price to EUR 233 from EUR 200

* Aena AENA.MC: BofA Global Research raises price objective to EUR 205 from EUR 200

* Aena AENA.MC: Jefferies raises target price to EUR 195 from EUR 188

* Aj Bell Plc AJBA.L: UBS raises target price to 375p from 285p

* Aj Bell Plc AJBA.L: UBS raises to buy from sell

* Amundi SA AMUN.PA: BofA Global Research raises price objective to EUR 79 from EUR 77

* Antin Infrastructure Partners SAS ANTIN.PA: Citigroup cuts PT to EUR 14.8 from EUR 16

* Antin Infrastructure Partners SAS ANTIN.PA: JP Morgan cuts PT to EUR 16.5 from EUR 17

* Arcadis NV ARDS.AS: BofA Global Research raises price objective to EUR 66 from EUR 62

* Ashmore ASHM.L: JP Morgan cuts target price to 173p from 184p

* Ashtead Technology Holdings Plc ATAS.L: Liberum raises target price to 900p from 680p

* Aston Martin AML.L: JP Morgan cuts target price to 225p from 260p

* Atalaya Mining Plc ATYM.L: Stifel raises target price to 515p from 450p

* Avon Protection Plc AVON.L: Deutsche Bank initiates with hold rating and target 1200p

* Billerud AB (Publ) BILL.ST: Citigroup raises target price to SEK 87 from SEK 86

* BNP Paribas BNPP.PA: UBS raises target price to EUR 67.2 from EUR 63

* Bodycote BOY.L: Deutsche Bank initiates coverage with buy rating and target price 840p

* BT Group Plc BT.L: Deutsche Bank cuts target price to 130p from 145p

* Caixa Bank CABK.MC: UBS raises target price to EUR 6.4 from EUR 6.05

* Carlsberg A/S CARLb.CO: UBS raises target price to DKK 1010 from DKK 990

* Chemring Group Plc CHG.L: Deutsche Bank initiates coverage with buy rating and PT 450p

* Clariant CLN.S: UBS raises target price to CHF 16 from CHF 15

* Clariant AG CLN.S: JP Morgan raises target price to CHF 15 from CHF 14.5

* Coca-Cola Hellenic CCH.L: UBS raises target price to 2900p from 2650p

* Covestro AG 1COV.DE: HSBC raises target price to EUR 48 from EUR 47

* Darktrace DARK.L: HSBC raises target price to 620p from 540p

* Darktrace Plc DARK.L: HSBC cuts to hold from buy

* Darktrace Plc DARK.L: HSBC raises target price to 620p from 540p

* Darktrace Plc DARK.L: Morgan Stanley cuts to equal-weight from overweight

* Darktrace Plc DARK.L: Morgan Stanley raises target price to 620p from 555p

* Delivery Hero SE DHER.DE: RBC cuts target price to EUR 63 from EUR 73

* Deutsche Lufthansa AG LHAG.DE: Bernstein raises to market-perform from underperform

* Deutsche Lufthansa AG LHAG.DE: JP Morgan cuts target price to EUR 5.7 from EUR 5.8

* Deutsche Lufthansa AG LHAG.DE: RBC cuts target price to EUR 8 from EUR 8.5

* Engie ENGIE.PA: HSBC raises target price to EUR 17.2 from EUR 17

* Epiroc EPIRa.ST: Deutsche Bank cuts target price to SEK 198 from SEK 200

* Erste Group ERST.VI: Deutsche Bank raises target price to EUR 50 from EUR 48

* Essity AB (Publ) ESSITYb.ST: HSBC resumes with buy rating; price target SEK 330

* Firstgroup Plc FGP.L: Berenberg raises target price to 195p from 191p

* Fortum FORTUM.HE: UBS raises target price to EUR 12.1 from EUR 11.1

* Freenet AG FNTGn.DE: Bernstein cuts target price to EUR 33.40 from EUR 34.90

* Galp GALP.LS: Bernstein raises target price to EUR 20 from EUR 19.20

* Galp GALP.LS: JP Morgan raises target price to EUR 20 from EUR 16.5

* Global Fashion Group SA GFG.DE: Berenberg cuts target price to EUR 0.29 from EUR 0.46

* Gooch & Housego Plc GHH.L: Deutsche Bank initiates coverage with buy rating and PT 675p

* Griffin Mining Ltd GFM.L: Berenberg raises target price to 170p from 140p

* Haleon Plc HLN.L: RBC raises target price to 330p from 320p

* Halma HLMA.L: Deutsche Bank initiates coverage with hold rating and target price 2400p

* Hargreaves Lansdown HRGV.L: RBC raises target price to 850p from 825p

* Hargreaves Lansdown Plc HRGV.L: UBS raises target price to 740p from 680p

* Hill & Smith Plc HILS.L: Deutsche Bank initiates coverage with buy rating and PT 2250p

* Hochschild HOCM.L: JP Morgan raises target price to 240p from 235p

* HSBC HSBA.L: Berenberg raises target price to 830p from 800p

* Iberdrola IBE.MC: HSBC raises target price to EUR 13.6 from EUR 13.5

* IMI IMI.L: Deutsche Bank initiates coverage with buy rating and target price 2200p

* Intrum AB INTRUM.ST: UBS cuts target price to SEK 30 from SEK 33

* Koninklijke Philips NV PHG.AS: Citigroup raises target price to EUR 27.5 from EUR 18.5

* KPN KPN.AS: Citigroup cuts to neutral from buy

* Learning Technologies Group Plc LTGL.L: Citigroup cuts target price to 75p from 80p

* Logitech International SA LOGN.S: BofA Global Research cuts price objective to CHF 85 from CHF 96

* Man Group Plc EMG.L: JP Morgan cuts target price to 314p from 319p

* Melrose Industries Plc MRON.L: Deutsche Bank initiates with hold rating and PT 675p

* Mercedes-Benz Group AG MBGn.DE: Bernstein cuts target price to EUR 99 from EUR 100

* Morgan Advanced Materials MGAMM.L: Deutsche Bank initiates with hold rating and PT 335p

* National Grid NG.L: HSBC raises target price to 1200p from 1150p

* Neoen SA NEOEN.PA: HSBC raises target price to EUR 28 from EUR 27

* Ninety One Plc N91.L: JP Morgan cuts target price to 191p from 194p

* Oersted A/S ORSTED.CO: HSBC cuts to hold from buy; cuts target to DKK 445 from DKK 450

* Oxford Instruments OXIG.L: Deutsche Bank initiates coverage with buy rating and PT 2800p

* Qinetiq Group QQ.L: Deutsche Bank initiates with buy rating and target price 430p

* Renishaw RSW.L: Deutsche Bank initiates coverage with hold rating and target price 4500p

* Renishaw Plc RSW.L: Peel Hunt initiates coverage with buy rating; target price 5000p

* Rotork ROR.L: Deutsche Bank initiates coverage with hold rating and target price 370p

* Senior Plc SNR.L: Deutsche Bank initiates coverage with buy rating and target 250p

* Severfield Plc SFR.L: Jefferies raises target price to 112p from 105p

* Snam SRG.MI: HSBC cuts target price to EUR 5.1 from EUR 5.2

* Snam SRG.MI: HSBC raises to buy from hold

* Spectris SXS.L: Deutsche Bank initiates coverage with hold rating and target 3725p

* Spirax-Sarco SPX.L: Deutsche Bank initiates coverage with hold rating and target 9750p

* SSE SSE.L: HSBC cuts target price to 2140p from 2200p

* Stellantis STLAM.MI: Deutsche Bank cuts target price to EUR 35 from EUR 40

* Stellantis NV STLAM.MI: Citigroup cuts target price to EUR 22 from EUR 23

* Stellantis NV STLAM.MI: JP Morgan cuts target price to EUR 25 from EUR 26

* Stora Enso Oyj STERV.HE: Citigroup raises target price to EUR 13.20 from EUR 13

* Straumann Holding AG STMN.S: Jefferies cuts target price to CHF 130 from CHF 140

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

* Terna TRN.MI: HSBC raises to buy from hold; cuts target price to EUR 8.9 from EUR 9.1

* TI Fluid Systems TIFS.L: Deutsche Bank initiates coverage with hold rating and PT 170p

* TT Electronics TTG.L: Deutsche Bank initiates coverage with buy rating and target 260p

* Unilever ULVR.L: Jefferies raises target price to 3,700p from 3,400p

* UPM-Kymmene Oyj UPM.HE: Citigroup raises target price to EUR 35 from EUR 33.50

* Vesuvius VSVS.L: Deutsche Bank initiates coverage with hold rating and target 510p

* Videndum Plc VIDV.L: Berenberg cuts target price to 450p from 500p

* Volkswagen AG VOWG.DE: Bernstein cuts target price to EUR 136 from EUR 150

* X-Fab XFAB.PA: Deutsche Bank cuts target price to EUR 8 from EUR 10