JPMorgan upgraded CaixaBank (CAIXY) to Overweight from Neutral with a price target of EUR 11.40, up from EUR 9.40. The firm sees the bank’s return on equity rising, driven by volume growth and the roll-over of its low-yielding structural hedge.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the 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
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CAIXY: