Exane BNP Paribas downgraded Direct Line (DIISY) to Neutral from Outperform with a 232 GBp price target The firm cites the share rally on the buyout bid for the downgrade.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DIISY:
- Direct Line price target raised to 250 GBp from 200 GBp at JPMorgan
- Direct Line says Board ‘unanimously rejected’ Aviva’s ‘opportunistic’ offer
- Aviva confirms non-binding proposal submitted to Direct Line
- Aviva exploring takeover of Direct Line, Bloomberg reports
- Direct Line upgraded to Outperform from Neutral at Exane BNP Paribas