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UBS, Deutsche Bank Raise Stoxx 600 Targets as European Stocks Rally

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UBS, Deutsche Bank Turn More Bullish on Stoxx 600 Accelerating earnings growth and confidence the rally can withstand the latest geopolitical jitters means strategists are increasingly optimistic about European stocks, a Bloomberg survey shows. UBS Group AG are the biggest bulls in the July edition of the poll, predicting gains of 8% for the Stoxx 600 index by year end after hiking their target for the benchmark. There were increases too from Bank of America Corp., Deutsche Bank AG and...

UBS, Deutsche Bank Turn More Bullish on Stoxx 600 Accelerating earnings growth and confidence the rally can withstand the latest geopolitical jitters means strategists are increasingly optimistic about European stocks, a Bloomberg survey shows. UBS Group AG are the biggest bulls in the July edition of the poll, predicting gains of 8% for the Stoxx 600 index by year end after hiking their target for the benchmark. There were increases too from Bank of America Corp., Deutsche Bank AG and Kepler Cheuvreux.
UBS (ORG) Deutsche Bank Raise Stoxx (ORG) European (ORG) Rally UBS (ORG) Deutsche Bank Turn More Bullish on (ORG) Bloomberg (ORG) UBS Group AG (ORG) Bank of America Corp. (ORG) Deutsche Bank AG (ORG) Kepler Cheuvreux (ORG)
Originally published by Bloomberg Markets Read original →