JPMorgan analyst Sofie Peterzens upgraded BBVA to Overweight from Neutral with a price target of EUR 10.40, up from EUR 9.30. The analyst sees close to 25% upside potential to current share price, in addition to an “attractive” 10% yield. BBVA will continue to outperform on the back of sustained positive earnings growth momentum, the analyst tells investors in a research note.
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Read More on BBVA:
- BBVA price target raised to EUR 9.70 from EUR 9.20 at Morgan Stanley
- BBVA price target raised to EUR 10 from EUR 9.75 at RBC Capital
- BBVA price target raised to EUR 9.30 from EUR 8.90 at JPMorgan
- BBVA Upcoming Earnings Report: What to Expect?
- BBVA upgraded to Overweight at Barclays amid better outlook for Mexico
