Find news published in the date range below
and and
and and
and and
Clear
Euro
Arrow
53,9523
Dollar
Arrow
44,7419
Sterling
Arrow
63,0655
Gold
Arrow
6265,3635
BIST 100
Arrow
10.729

Notable decision from Citi regarding Turkish banks

In their latest report, Citi economists have downwardly revised their previous recommendations for Garanti, Yapı Kredi, and Akbank.

Don't leave your news choices to an algorithm - decide for yourself what you read. Add 12punto to your preferred sources!
Notable decision from Citi regarding Turkish banks

Citi has downwardly revised its previous recommendations for Garanti BBVA, Yapı Kredi, and Akbank.

According to Bloomberg HT; Citi Analyst Simon Nellis downgraded his recommendation for Garanti BBVA from 'neutral' to 'sell'. Nellis stated that the institution's target price for Garanti BBVA is 42.80 TL.

Similarly, the recommendation for Yapı Kredi was also downgraded from 'neutral' to 'sell'. The target price for Yapı Kredi was set at 15 TL.

Citi downgraded its recommendation for Akbank from 'buy' to 'neutral'. The target price set for Akbank was announced as 33.80 TL.



News Source: 12punto

Akbank Garanti Yapı Kredi Citibank