JPMorgan upgraded BNP Paribas (BNPQY) to Overweight from Neutral with a price target of EUR 102, up from EUR 89. The firm cites BNP’s measures to profitability of underperforming businesses and its disposals to address market concerns on capital for the upgrade.
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Read More on BNPQY:
- BNP Paribas upgraded to Buy from Neutral at UBS
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- BNP Paribas price target raised to EUR 89 from EUR 87 at JPMorgan
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