* Macquarie raises Afren Plc price target to 165p from 125p
* Macquarie raises Lundin Petroleum Ab price target to Sek 228
from Sek 205
* Macquarie raises Premier Oil Plc price target to 570p from 455p
* Macquarie raises Faroe Petroleum Plc price target to 245p from
* Macquarie raises Rockhopper Exploration Plc price target to 530p
* Macquarie raises Salamander price target to 305p from 260p
* Macquarie cuts Cairn Energy Plc price target to 305p from 340p
* Macquarie raises valiant Petroleum Plc price target to 625p from
* Macquarie raises Soco International Plc price target to 395p from
* Macquarie raises Serica Energy Plc price target to 25p from 20p
* Macquarie raises Tullow Oil Plc price target to 1570p from 1300p
* Macquarie says global oil demand will grow in all but the worst economic
* Macquarie turns more bullish on European exploration & production cos as it
sees production to grow at higher full cycle costs For a summary of rating actions and price target changes on European companies:
Reuters Eikon users, click on RCH/EUROPE
Reuters 3000Xtra users, double-click RCH/EUROPE
Reuters Station users, click .1580
(Bangalore Equities Newsdesk +91 80 4135 5800; within U.S. +1 646 223 8780)
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