Jefferies upgraded Piraeus Bank to Buy from Hold with a price target of EUR 4.45, up from EUR 3.10. After the strong outperformance across 2023 the firm continues to see upside at current prices for the Greek banks. With excess liquidity, higher deposit costs will be contained and offset by loan growth, the analyst tells investors in a research note.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on BPIRY: