Sunday, March 4, 2012

Banca Akros lifts Monte Paschi rating, cuts price target to EUR 1.10.

(ADPnews) - Aug 27, 2010 - Banca Akros has upgraded the rating on Italy's Banca Monte dei Paschi di Siena (BIT:BMPS) to "accumulate" from "hold", cutting at the same time the share price target to EUR 1.10 from EUR 1.20.

Monte Paschi reported a net profit of EUR 261.2 million (USD 332.2m) for the first half of …

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