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Societe Generale upgraded to Buy from Neutral at Goldman Sachs

Goldman Sachs analyst Chris Hallam upgraded Societe Generale (SCGLY) to Buy from Neutral with a price target of EUR 72.75, up from EUR 62.50. The firm adjusted ratings in the European bank group as part of its outlook for 2026. Goldman remains remain constructive on the outlook for the sector, saying investor focus is shifting from interest rates and credit to growth and efficiency. It thinks capital deployment will remain key for shareholder value creation.

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