Jefferies downgraded Mediobanca to Hold from Buy with a price target of EUR 13.60, up from EUR 12.40. The analyst cites valuation for the downgrade, saying the recent price performance has “exhausted most of the upside” the firm had on the name.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on MDIBY: