Analysts tweak targets on European stocks including LVMH, Burberry

Analysts at JP Morgan, Citigroup, RBC, Berenberg, Jefferies and Panmure Liberum revised ratings and price targets on several European companies on Tuesday. JP Morgan initiated coverage on Atalaya Mining Copper SA with an overweight rating and a price target of 1330p. Givaudan SA's target price was raised to CHF 3700 from CHF 3600 by JP Morgan, while SAP SE's target price was increased to EUR 215 from EUR 205 by Citigroup. Burberry's target price was cut to 1200p from 1400p by RBC, which also downgraded the stock to sector perform from outperform. LVMH's target price was cut to EUR 440 from EUR