Tuesday June 16, 07:28 AM
BRIEF-Goldman Sachs revises ratings, price targets on European banks
June 16 (Reuters) - European Banks:
* Goldman Sachs (NYSE: GS - news) downgrades Nordea Bank AB to sell from neutral; price
target to SEK 57 from SEK 59
* Goldman Sachs raises santander to buy from neutral; price target to
10.7 EUR from 9.1 EUR
* Goldman Sachs raises Alpha Bank (Xetra: 876116 - news) price target to 9 EUR from 8.9 EUR;
rating neutral
* Goldman Sachs cuts Banco Pastor (Madrid: PAS.MC - news) price target to 4.6 EUR from 5.1
EUR; rating sell
* Goldman Sachs raises National Bank of Greece (Frankfurt: 876113 - news) price target to 20 EUR
from 17.5 EUR; rating neutral
* Goldman Sachs cuts UniCredit (Milan: UCG.MI - news) price target to 2.5 EUR from 2.6 EUR;
rating buy
* Goldman Sachs cuts Svenska Handelsbanken (Stockholm: 43643.ST - news) price target to SEK 161
from SEK 169; rating neutral
* Goldman Sachs upgrades santander to reflect near-term profit
potential stemming from repricing of UK loan book
* Goldman Sachs upgrades santander as co's ability to accommodate
deteriorating credit is among more resilient in sector
(Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780)
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