ABN Amro: UBS raises target price
(CercleFinance.com) - UBS maintains its "neutral" rg on ABN Amro shares, while nudging up its target price for them from 10.
4 euros to 11 euros, with the latter representing upside potential of 5% for the Dutch financial institution's stock.
The broker summarized that the outlook for net interest income and operating leverage leads to large EPS upgrades, although said that it was still too early to become more constructive on the stock.
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