Morgan Stanley downgraded Intesa Sanpaolo (ISNPY) to Equal Weight from Overweight with a price target of EUR 6.60, down from EUR 6.80. The firm says the company’s limited growth and the lack of catalysts will continue to weight on the stock.
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Read More on ISNPY:
- Equal-Weight Stance Maintained as Structural Limits Curb Upside; Price Target Trimmed to €6.6
- ISNPY Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Intesa Sanpaolo price target lowered to EUR 6.80 at Morgan Stanley
- Intesa Sanpaolo upgraded to Buy from Hold at Kepler Cheuvreux
- Intesa Sanpaolo: Discounted Valuation With Sector-Leading Returns and Above-Consensus Growth Justify Buy Rating
