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Mediobanca downgraded to Hold from Buy at Jefferies
The Fly

Mediobanca downgraded to Hold from Buy at Jefferies

Jefferies downgraded Mediobanca to Hold from Buy with a price target of EUR 13.60, up from EUR 12.40. The analyst cites valuation for the downgrade, saying the recent price performance has “exhausted most of the upside” the firm had on the name.

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