Grupo Santander downgraded BBVA to Neutral from Outperform with a EUR 11.60 price target. The analyst cites relative valuation for the downgrade.
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Read More on BBVA:
- BBVA price target raised to EUR 10.90 from EUR 10.80 at JPMorgan
- BBVA downgraded to Sell from Neutral at Goldman Sachs
- Banco Bilbao (BBVA) Declares Q2 Dividend: Important Details for Shareholders
- BBVA downgraded to Equal Weight at Barclays after strong performance
- BBVA downgraded to Equal Weight from Overweight at Barclays
