Deutsche Bank Raises Banco Bilbao Vizcaya Argentaria's Price Target to EUR 21.24, Maintains Buy Rating

Deutsche Bank has raised its price target for Banco Bilbao Vizcaya Argentaria (BBVA) to EUR 21.24 and maintained a Buy rating, citing improving net interest income and higher return on tangible equity forecasts. This increase follows a previous upgrade from RBC Capital and a downgrade to Sector Perform. BBVA provides banking and financial services across various geographies and engages in traditional retail, wholesale, investment, and transaction banking, as well as financial, insurance, asset management, and capital markets businesses.