Kepler Cheuvreux downgraded CaixaBank (CAIXY) to Reduce from Hold with a price target of EUR 5.10, down from EUR 5.45. The firm says the investor day is unlikely to reignite the equity story.
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Read More on CAIXY:
- CaixaBank price target raised to EUR 5.70 from EUR 5.45 at Deutsche Bank
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- CaixaBank Reports Strong Profit Growth in 2024
- CaixaBank price target lowered to EUR 6.80 from EUR 7.10 at Citi
- CaixaBank downgraded to Neutral from Outperform at Barclays
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