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Fly News Breaks for May 20, 2019
DB
May 20, 2019 | 04:49 EDT
UBS downgraded Deutsche Bank to Sell from Neutral and lowered its price target for the shares to EUR 5.70 from EUR 7.80. The bank is facing limited strategic options and its operating conditions are unlikely to improve in the near term amid intense competition, UBS tells investors in a research note.