Air Liquide, Galapagos NV, Pennon Group

Securities analysts revised their ratings and price targets on several European companies, including Air Liquide, Galapagos NV, and Pennon Group, on Thursday.

HIGHLIGHTS

• * Air Liquide AI: Berenberg raises to buy from hold

• * Galapagos NV GLPG: Citigroup cuts to neutral from buy

• * Kingfisher Plc KGF: UBS raises target price to 225p from 220p

• * Pennon Group Plc PNN: Credit Suisse raises to outperform from neutral

• * Symrise AG SY1: Morgan Stanley raises to overweight from underweight

Following is a summary of research actions on European companies reported by Reuters on Thursday. Stock entries are in alphabetical order.

• * Adriatic Metals Plc ADT1: Berenberg cuts target price to 260p from 270p

• * Air Liquide AI: Berenberg raises target price to EUR 178 from EUR 165

• * Air Liquide AI: Berenberg raises to buy from hold

• * Alcon AG ALC: Berenberg raises target price to CHF 90 from CHF 88

• * Alfen NV ALFEN: Deutsche Bank cuts target price to EUR 70 from EUR 90

• * Alfen NV ALFEN: Jefferies cuts target price to EUR 50 from EUR 55

• * Bavarian Nordic A/S BAVA: TD Cowen cuts target price to DKK 230 from DKK 250

• * Caixabank CABK: Berenberg raises target price to EUR 5 from EUR 4.8

• * Cofinimmo COFB: HSBC cuts target price to EUR 80 from EUR 93

• * Cosmo Pharmaceuticals NV COPN: Credit Suisse cuts target price to CHF 52 from CHF 68

• * Croda CRDA: Morgan Stanley cuts target price to 6500p from 6600p

• * Darktrace Plc DDARK: Liberum raises target price to 440p from 400p

• * Derwent London DLN: Barclays cuts target price to 2040p from 2200p

• * Digital Workforce DWF: Inderes cuts PT to EUR 5.0 from EUR 5.5; rating accumulate

• * Docmorris AG DOCM: UBS raises target price to CHF 29.5 from CHF 27

• * Dormakaba Holding AG DOKA: UBS raises target price to CHF 420 from CHF 400

• * Galapagos NV GLPG: Citigroup cuts price target to EUR 41 from EUR 51

• * Galapagos NV GLPG: Citigroup cuts to neutral from buy

• * Grifols GRF: Credit Suisse raises target price to EUR 13.5 from EUR 11

• * Inditex ITX: JP Morgan raises target price to EUR 40 from EUR 38

• * Inpost SA INPST: Jefferies raises target price to EUR 13 from EUR 11.5

• * Ithaca Energy Plc ITH: Stifel cuts target price to 152p from 162p

• * Iveco Group IVG: Deutsche Bank initiates coverage with hold rating and PT EUR 10

• * Kerry Group Plc KRZI: Morgan Stanley cuts target price to EUR 103 from EUR 106

• * Kingfisher Plc KGF: UBS raises target price to 225p from 220p

• * Mithra Pharmaceuticals SA MMITRA: Portzamparc resumes with buy rating

• * Mithra Pharmaceuticals SA MMITRA: Portzamparc resumes with PT of EUR 3.80 vs EUR 4.10 before coverage suspension

• * Pennon Group Plc PNN: Credit Suisse cuts target price to 760p from 900p

• * Pennon Group Plc PNN: Credit Suisse raises to outperform from neutral

• * Rolls Royce RR.: UBS raises target price to 350p from 200p

• * RWE AG RWE: Credit Suisse raises target price to EUR 52 from EUR 50

• * Safestore Holdings Plc SAFE: Citigroup cuts price target to 1080p from 1090p

• * SMA Solar S92: Deutsche Bank initiates coverage with hold rating and PT EUR 85

• * Solteq SOLTEQ: Inderes cuts target price to EUR 1.15 from EUR 1.4

• * Solteq SOLTEQ: Inderes cuts to reduce from accumulate

• * Spirax SPX: UBS cuts target price to 11700p from 12150p

• * SSAB AB SSAB_A: Morgan Stanley cuts target price to SEK 81 from SEK 89.9

• * Symrise AG SY1: Morgan Stanley raises target price to EUR 109 from EUR 97

• * Symrise AG SY1: Morgan Stanley raises to overweight from underweight

• * Whitbread WTB: CFRA raises target price to 3700p from 3300p