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home / news releases / unicredit redefining excellence higher target price

UNCFF - UniCredit: Redefining Excellence Higher Target Price

Unicredito SpA

2024-05-08 00:26:40 ET

Summary

  • The bank reported a net profit of €2.55 billion in Q1 2024, beating analysts' expectations.
  • The bank's CET 1 is solid, and UniCredit also raised its net profit guidance for 2024 to over €8.5 billion.
  • No signs of asset quality deterioration, higher non-interest revenues, and a tangible book value progression make UniCredit a buy.

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For further details see:

UniCredit: Redefining Excellence, Higher Target Price
Stock Information
Company Name: Unicredito SpA
Stock Symbol: UNCFF
Market: OTC
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