Bankinter downgrades Merlin Properties to Neutral and cuts price target to 13.6 euros
Bankinter downgraded its rating on Merlin Properties to Neutral and cut its price target to 13.6 euros, according to merca2.es. The investment bank argues the real estate company is going through "a perfect storm", marked by rising interest rates and higher yields on sovereign bonds, as well as doubts over its data centers and CoreWeave.
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