Barclays analyst Cecilia Romero Reyes upgraded CaixaBank (CAIXY) to Overweight from Equal Weight with a EUR 11.70 price target The firm says the bank “stands out” given its domestic retail franchise, strong deposit base and conservative risk framework. This supports high earnings visibility and “strong rate sensitivity in a slower-growth, higher-for-longer environment,” the analyst tells investors in a research note.
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