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Generali downgraded to Underperform from Neutral at BofA

Generali downgraded to Underperform from Neutral at BofA

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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