Morgan Stanley downgraded Eurobank (EGFEY) to Equal Weight from Overweight with a price target of EUR 3.18, up from EUR 2.77. The firm says the over $1 trillion fiscal package in Germany increases its conviction in a cyclical recovery in Europe.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EGFEY:
Questions or Comments about the article? Write to editor@tipranks.com