Morgan Stanley analyst Nida Iqbal downgraded Bank Polska Kasa Opieki (BKPKF) to Equal Weight from Overweight with a price target of PLN 177, down from PLN 200. The firm says that with faster and steeper rate cuts, it turns more selective on Central and Eastern Europe and Greek banks, favoring relative earnings momentum, and relatively lower valuation multiples
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off