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BBVA upgraded to Overweight at Barclays amid better outlook for Mexico
The Fly

BBVA upgraded to Overweight at Barclays amid better outlook for Mexico

Barclays upgraded BBVA to Overweight from Equal Weight with a EUR 10 price target, which implies 30% upside potential. The firm cites three reasons, pointing to a better outlook for Mexico, improved capital discipline and better net interest income, or NII, trends.

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