Goldman Sachs analyst Mikhail Butkov downgraded Eurobank (EGFEY) to Neutral from Buy with a price target of EUR 2.80, up from EUR 2.50. The firm cites a combination of valuation and increased net interest margin sensitivity following the acquisition of Hellenic Bank of Cyprus for the downgrade.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for 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