Reported 1 day ago
Morgan Stanley has upgraded ING Groep N.V. to Overweight, raising its price target from EUR 23.50 to EUR 25.40. The firm anticipates net interest income (NII) growth in 2026, driven by reduced savings rates and volume growth, offsetting expected challenges from its replicating portfolio. ING’s strong performance and expected share buyback in Q3 are seen as key positives, though some analysts suggest AI stocks may offer better investment potential.
Source: YAHOO