* Ascential ASCL.L: Berenberg re-initiates coverage with buy rating; target price 395p

* Burberry BRBY.L: Barclays cuts target price to 1090p from 1340p

* Cellnex CLNX.MC: Berenberg raises to buy from hold

* Trainline TRNT.L: Deutsche Bank initiates coverage with buy rating and PT 470p

* Wise WISEA.L: Barclays raises to overweight from equal-weight

* 3I III.L: Morgan Stanley raises target price to 3246p from 3148p

* Adriatic Metals Plc ADT1.L: Berenberg raises target price to 260p from 250p

* Alfen NV ALFEN.AS: Degroof Petercam cuts target price to EUR 46 from EUR 55

* Ascential Plc ASCL.L: Berenberg re-initiates coverage with buy rating; target price 395p

* Ascential Plc ASCL.L: HSBC raises target price to 370p from 327p

* Atalaya Mining Plc ATYM.L: BMO raises target price to 550p from 500p

* Atalaya Mining Plc ATYM.L: Canaccord Genuity raises target price to 595p from 580p

* Avanza Bank AVANZ.ST: Citigroup raises PT to SEK 320 from SEK 250

* Avanza Bank AVANZ.ST: Citigroup raises to buy from neutral

* Axfood AB AXFO.ST: Exane BNP Paribas cuts to neutral from outperform

* Baltic Classifieds Group BCG.L: Deutsche Bank initiates coverage with buy rating

* Baltic Classifieds Group BCG.L: Deutsche Bank initiates target price 294p

* Bankinter SA BKT.MC: Deutsche Bank raises target price to EUR 8.45 from EUR 7.85

* Barclays BARC.L: Jefferies raises target price to 335p from 330p

* BAT BATS.L: Deutsche Bank cuts target price to 3,450p from 4,000p

* BBVA BBVA.MC: Deutsche Bank raises target price to EUR 11.40 from EUR 10.85

* Beiersdorf AG BEIG.DE: Bernstein raises target price to EUR 135 from EUR 130

* Big Yellow Group Plc BYG.L: Berenberg raises target price to 1285p from 1186p

* Big Yellow Group Plc BYG.L: Jefferies raises target price to 1,359p from 1,249p

* Big Yellow Group Plc BYG.L: Peel Hunt raises target price to 1275p from 1175p

* Big Yellow Group Plc BYG.L: Peel Hunt raises to add from hold

* Bilfinger GBFG.DE: UBS raises target price to EUR 59 from EUR 48

* Bucher Industries AG BUCN.S: UBS raises target price to CHF 449 from CHF 441

* Burberry BRBY.L: Barclays cuts target price to 1090p from 1340p

* Buzzi SpA BZU.MI: Morgan Stanley raises target price to EUR 37.2 from EUR 34.7

* Caixabank CABK.MC: Deutsche Bank raises target price to EUR 5.10 from EUR 5

* Carmila SA CARM.PA: Citigroup raises target price to EUR 19 from EUR 11

* Carmila SA CARM.PA: Citigroup raises to buy from sell

* Cellnex CLNX.MC: Berenberg raises target price to EUR 42 from EUR 36

* Cellnex CLNX.MC: Berenberg raises to buy from hold

* Centamin Plc CEY.L: Berenberg raises target price to 160p from 150p

* Commerzbank CBKG.DE: Barclays raises target price to EUR 12 from EUR 10.7

* Commerzbank CBKG.DE: Morgan Stanley raises target price to EUR 20 from EUR 17

* Compagnie Financiere Richemont SA CFR.S: TD Cowen raises PT to CHF 155 from CHF 123

* Cranswick Plc CWK.L: Peel Hunt raises target price to 4,500p from 3,800p

* Currys Plc CURY.L: Deutsche Bank raises target price to 80p from 58p

* Danieli & C Officine Meccaniche DANI.MI: Berenberg initiates coverage with Buy rating

* Danieli & C Officine Meccaniche DANI.MI: Berenberg initiates coverage with PT EUR 43

* Danone DANO.PA: Bernstein raises target price to EUR 55 from EUR 50

* Demant A/S DEMANT.CO: Jefferies cuts target price to DKK 275 from DKK 305

* Dowlais Group Plc DWL.L: RBC cuts target price to 120p from 150p

* EDPR EDPR.LS: HSBC raises target price to EUR 18.2 from EUR 16.7

* El En SpA ELEN.MI: Berenberg cuts target price to EUR 12.8 from EUR 13.1

* Endeavour Mining Plc EDV.L: Berenberg raises target price to 2400p from 2200p

* Experian Plc EXPN.L: Morgan Stanley raises target price to 4100p from 3500p

* FD Technologies Plc FDPF.L: JP Morgan cuts target price to 2000p from 2500p

* Ferrovial SE FER.MC: Citigroup raises target price to EUR 44 from EUR 40

* Fortum Oyj FORTUM.HE: Bernstein cuts target price to EUR 16.50 from EUR 18

* Gamma Communications Plc GAMA.L: Peel Hunt raises target price to 1750p from 1650p

* Greencore GNC.L: Peel Hunt raises target price to 150p from 85p

* Hapag-Lloyd AG HLAG.DE: Berenberg raises target price to EUR 170 from EUR 124

* Heidelberg Materials HEIG.DE: Morgan Stanley raises PT to EUR 101 from EUR 100

* Helios Towers HTWS.L: Barclays raises target price to 110p from 100p

* Henkel AG & Co KGaA HNKG.DE: Bernstein raises target price to EUR 72 from EUR 55

* Henkel AG & Co KGaA HNKG.DE: Bernstein raises to market-perform from underperform

* Henkel AG & Co KGaA HNKG_p.DE: Bernstein raises target price to EUR 80 from EUR 61

* Henkel AG & Co KGaA HNKG_p.DE: Bernstein raises to market-perform from underperform

* Hochschild HOCM.L: Berenberg raises target price to 200p from 170p

* Holcim AG HOLN.S: Morgan Stanley raises target price to CHF 86 from CHF 85

* Imperial Brands IMB.L: Deutsche Bank raises target price to 2,600p from 2,325p

* Imperial Brands IMB.L: Morgan Stanley raises target price to 2000p from 1925p

* Infrastrutture Wireless Italiane INWT.MI: Berenberg raises PT to EUR 13.5 from EUR 12.5

* K+S SDFGn.DE: Deutsche Bank raises target price to EUR 13.50 from EUR 13

* Kainos KNOS.L: Berenberg raises target price to 1,415p from 1,260p

* Kainos KNOS.L: Canaccord Genuity raises target price to 1,135p from 1,000p

* Kainos KNOS.L: Deutsche Bank raises target price to 1,235p from 1,050p

* Lanxess AG LXSG.DE: Berenberg cuts target price to EUR 33 from EUR 34

* Leg Immobilien SE LEGn.DE: Baader Helvea raises target price to EUR 92 from EUR 85

* Lindt & Spruengli LISN.S: Bernstein raises PT to CHF 115,000 from CHF 110,000

* Lindt & Spruengli LISP.S: Bernstein raises PT to CHF 11,500 from CHF 11,000

* L'Oreal OREP.PA: Bernstein raises target price to EUR 490 from EUR 480

* Neste Oyj NESTE.HE: RBC cuts target price to EUR 38 from EUR 40

* Orkla ASA ORK.OL: Bernstein raises target price to NOK 84 from NOK 74

* Orkla ASA ORK.OL: Bernstein raises to market-perform from underperform

* Pan African Resources Plc PAFR.L: Berenberg raises target price to 32p from 28p

* Pirelli & C SpA PIRC.MI: Morgan Stanley raises target price to EUR 6.6 from EUR 6.1

* Reckitt RKT.L: Bernstein cuts target price to 6,000p from 6,200p

* Redcare Pharmacy RDC.DE: UBS starts coverage with 'sell' rating, 86.00 euro PT

* Redcare Pharmacy N.V. RDC.DE: UBS initiates coverage with sell rating and PT EUR 86

* Ryanair RYA.I: Barclays cuts target price to EUR 25 from EUR 26

* Ryanair RYA.I: Bernstein raises target price to EUR 23.50 from EUR 22.50

* Ryanair RYA.I: BofA Global Research cuts price objective to EUR 25.00 from EUR 28.00

* Ryanair RYA.I: JP Morgan cuts target price to EUR 25.50 from EUR 28.50

* Ryanair Holdings Plc RYA.I: Morgan Stanley cuts target price to EUR 24.8 from EUR 26

* Sabadell SABE.MC: Deutsche Bank raises target price to EUR 2 from EUR 1.70

* Sage Group SGE.L: UBS raises target price to 1050p from 1030p

* Salzgitter AG SZGG.DE: Jefferies cuts target price to EUR 26 from EUR 27

* Santander SAN.MC: Deutsche Bank raises target price to EUR 5.45 from EUR 4.85

* Scandinavian Tobacco Group A/S STOGR.CO: Deutsche Bank cuts PT to DKK 102 from DKK 130

* Scandinavian Tobacco Group A/S STOGR.CO: Deutsche Bank cuts to hold from buy

* Schott pharma AG & Co KGaA 1SXP.DE: Deutsche Bank cuts PT to EUR 35 from EUR 45

* Schroders Plc SDR.L: UBS raises to buy from neutral

* Sdiptech AB (Publ) SDIPb.ST: Berenberg raises target price to SEK 375 from SEK 355

* SEB AB SEBa.ST: Morgan Stanley initiates coverage with equal weight rating; PT SEK 165

* SFS Group AG SFSN.S: UBS raises target price to CHF 140 from CHF 98

* SFS Group AG SFSN.S: UBS raises to buy from neutral

* SIG Group AG SIGNC.S: Berenberg cuts target price to CHF 22 from CHF 24

* Sinch AB SINCH.ST: Morgan Stanley cuts target price to SEK 23.5 from SEK 26

* Solaria SLRS.MC: RBC cuts target price to EUR 15.5 from EUR 17.5

* Sonova Holding AG SOON.S: Jefferies cuts to hold from buy

* Sonova Holding AG SOON.S: Jefferies raises target price to CHF 300 from CHF 290

* Spectris Plc SXS.L: Peel Hunt cuts target price to 3,800p from 3,850p

* Standard Chartered STAN.L: Deutsche Bank raises target price to 900p from 860p

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

* Trainline TRNT.L: Deutsche Bank initiates coverage with buy rating and PT 470p

* Tullow Oil Plc TLW.L: Stifel raises target price to 33p from 31p

* Umicore SA UMI.BR: Citigroup cuts to neutral from buy; cuts PT to EUR 22 from EUR 40

* Unicaja UNI.MC: Deutsche Bank raises target price to EUR 1.55 from EUR 1.40

* Unilever ULVR.AS: Bernstein raises target price to EUR 46 from EUR 42

* Unilever ULVR.L: Bernstein raises target price to 3,900p from 3,600p

* Virgin Money UK Plc VMUK.L: Barclays raises target price to 220p from 195p

* Wise WISEa.L: Barclays raises target price to 1000p from 800p

* Wise WISEA.L: Barclays raises to overweight from equal-weight

* Zurich Insurance Group AG ZURN.S: JP Morgan raises target price to CHF 425 from CHF 400