JPMorgan upgraded Commerzbank to Overweight from Neutral with an unchanged price target of EUR 17.20. The analyst sees an additional 17% upside in the shares post yesterday’s move and says the bank is clearly “in-play” from an acquisition perspective.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRZBY:
- Trump Media slips after presidential debate: Morning Buzz
- Commerzbank is open to discussions of potential tie-up with UniCredit, FT says
- Commerzbank price target lowered to EUR 15.25 from EUR 16 at RBC Capital
- Commerzbank price target lowered to EUR 19 from EUR 20 at Morgan Stanley
- Commerzbank price target lowered to EUR 16 from EUR 18 at Deutsche Bank