Earlier, JPMorgan analyst Yuri Fernandes upgraded Grupo Financiero Galicia (GGAL) to Overweight from Neutral with a price target of $75, up from $46. The firm upped price targets in the Argentina bank space following the favorable election results for La Libertad Avanza in the country’s mid-term elections.
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
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GGAL:
- Grupo Financiero Galicia price target raised to $75 from $46 at JPMorgan
- As Argentinian Stocks Skyrocket on Milei’s Win, Here Are 5 Stocks to Watch
- Grupo Financiero Galicia downgraded to Neutral from Overweight at JPMorgan
- Grupo Financiero put volume heavy and directionally bearish
- Grupo Financiero Galicia Appoints New CEO for Banco de Galicia
