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Fly News Breaks for October 2, 2018
CRARY
Oct 2, 2018 | 04:54 EDT
Morgan Stanley analyst Bruce Hamilton upgraded Credit Agricole to Overweight and raised his price target for the shares to EUR 16.40 from EUR 15. The analyst sees 30% upside and added the shares to his firm's preferred European banks list.
News For CRARY From the Last 2 Days
CRARY
Mar 27, 2024 | 04:40 EDT
Morgan Stanley downgraded Credit Agricole to Underweight from Equal Weight with a price target of EUR 15, up from EUR 14.70. The analyst believes shares of French lenders will remain "subdued" compared to Benelux banks due to weak fixed income and French Retail. Credit Agricole has an "unappealing" valuation and lower capital levels versus its broader European peers, the analyst tells investors in a research note.