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JPMorgan lowers its price target on Banco Bilbao Vizcaya Argentaria, SA (BBVA) to EUR 23.30 from EUR 23.50 and maintains an overweight rating
JPMorgan has adjusted its price target for Banco Bilbao Vizcaya Argentaria, SA (BBVA) to EUR 23.30, down from EUR 23.50. Despite this slight reduction in the price target, the firm has decided to maintain an “overweight” rating on the stock. This suggests that JPMorgan still views BBVA as a favorable investment opportunity.