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Vonovia downgraded to Neutral from Outperform at Exane BNP Paribas

Vonovia downgraded to Neutral from Outperform at Exane BNP Paribas

Exane BNP Paribas downgraded Vonovia (VNNVF) to Neutral from Outperform with a EUR 30 price target The firm adjusted ratings in European real estate, saying the rising risk-free rate has “reared its ugly head again.”

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