* Nomura cuts Cairn Energy PLC price target to 434P from 500P; rat
* Nomura cuts Faroe Petroleum Plc price target to 209P from 213P;
* Nomura cuts Ophir Energy price target to 646P from 667P; rating buy
* Nomura cuts Premier Oil price target to 481P from 485P; rating reduce
* Nomura cuts Soco International price target to 392P from 400P; rating
* Nomura raises Tullow Oil price target to 1663P from 1650P; rating
For a summary of rating actions and price target changes on European companies:
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