BBVA: UBS raises target price

(CercleFinance.com) - UBS confirms its buy rating on the BBVA stock, raising its target price for it to E8.
7 (from E8.4).

"We stay positive on BBVA ahead of next week's results. Sound performance has almost close the relative valuation gap, but EPS revisions remain attractive," the broker says.

For 2023, and despite the uncertainty, we will continue to create opportunities for all and contribute to the economic and social growth of the countries in which we are present, said Carlos Torres Vila.


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