JPMorgan reinstated coverage of BBVA (BBVA) with an Overweight rating and EUR 23.50 price target The firm believes the company can return EUR 30B of capital to shareholders over the next three years. It cites BBVA’s growth, optionality, and “attractive” shareholder returns for the Overweight rating.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BBVA: