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Vienna Stock Exchange: Winners and Losers (2011-11-04)
Daily News-Flash from the Vienna Stock Exchange. Upgrades & Downgrades, Winners & Losers.
Vienna Stock Exchange: Winners and Losers (2011-11-04) / Picture: © Vindobona.org
ING upgraded Erste Group from “Hold” to “Buy”. The price target was cut from € 33.30 to € 25.20. Analysts believe that the target core tier 1 ratio of 9% can be achieved without a capital increase. Moody’s is currently reviewing Erste Group’s “A1” rating and said that a downgrade by one notch is most likely.
Analysts of Erste Group cut the…
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