Exane BNP Paribas downgraded Direct Line (DIISY) to Neutral from Outperform with a 232 GBp price target The firm cites the share rally on the buyout bid for the downgrade.
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Read More on DIISY:
- Direct Line price target raised to 250 GBp from 200 GBp at JPMorgan
- Direct Line says Board ‘unanimously rejected’ Aviva’s ‘opportunistic’ offer
- Aviva confirms non-binding proposal submitted to Direct Line
- Aviva exploring takeover of Direct Line, Bloomberg reports
- Direct Line upgraded to Outperform from Neutral at Exane BNP Paribas
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
