BofA downgraded Generali (ARZGY) to Underperform from Neutral with a price target of EUR 27, up from EUR 26. The firm says rising expectations have left little room for a positive surprise. It views the stock’s valuation as stretched at current levels.
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Read More on ARZGY:
- Generali downgraded to Underperform from Market Perform at Keefe Bruyette
- Generali price target raised to EUR 31.10 from EUR 28.70 at Citi
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- ARZGY Earnings Report this Week: Is It a Buy, Ahead of Earnings?
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