The Greek Deal.com
JP MORGAN
Upgrade of the Greek economy to an outperform recommendation
With the new year coming, rating agencies and investment banks are beginning to roll out their recommendations to investors. JP Morgan has made a significant upgrade of the Greek economy to an outperform recommendation, from a neutral previously.
Greek Banks present an apportunity for investors after the recent correction
JP Morgan said in a new report that now the domestic banking institution is "changing levels" as it accelerates the amortization of deferred tax liabilities and prepares for higher dividend distributions to shareholders.
Recommendations about Greek bank stocks
The analysts of JP Morgan single out Eurobank's share, as they say it has strong growth prospects.