Natixis: UBS raises target price

(CercleFinance.com) - UBS reinstates its "buy" recommendation on the Natixis share, having increased its corresponding target price from 2.
8 euros to 3.3 euros, which suggests upside potential of 11% for the French bank's share.

"We see Natixis making a profit in 2020e paving the way for a dividend in our view. Also the upcoming CMD could in our view be a catalyst", the broker summarises.


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