They go up Business Square and Madrid, the other markets are more cautious in the wake of Wall Street and Tokyo. The FtseMib index is up 0,65%, to 19291, ahead of Madrid (+0,62%), Paris (+0,19%%), Frankfurt (-0,18%), London (- 0,41%). The spread improves by 3 basis points to 245, yield on the 10-year BTP at 4,15%.
Il dollar it strengthens again against the euro, to 1,370 from 1,373 yesterday evening and from 1,382 at the beginning of the week. In the press conference following the FOMC summit, Ben Bernanke adopted a more aggressive tone than expected, emphasizing that the US economy is showing "signs of strength". Among economists, the certainty that the stimuli will remain unchanged until March has thus vanished.
Partially recover Fiat (+1,67%) after the crash following the quarterly numbers. The New York Times article helps, which points out that Chrysler's valuation must reach 18 billion dollars to justify the IPO: under this figure, which is very difficult to reach, the minority shareholder Veba should accept Fiat's offer.
But the positive performance of the index can be explained by the recovery of the banks: Unicredit advances 1,19%, Understanding +1,11%, MontePaschi unchanged.
Generali +1%: JP Morgan raised the target price to 20 euros from 18,3 euros, confirming the "outperform" rating. Fondiaria Sai +0,7%.
Eni +0,16% after the results were released yesterday: Natixis raises the recommendation to "buy" from "neutral", while Macquarie does the opposite and lowers it to "neutral" from "buy", cutting the target price from 21 to 20 euros .
Other reports on Piazza Affari:
Finmeccanica -0,99%: Deutsche Bank has launched a new hedge on the stock with a "sell" recommendation and a target price of €5,1.
Snam+0,5%: after the results, Bank of America confirmed the "buy" judgment and the target price of 4,1 euro.
Buzzi +0,87%: Bernstein raised the target price to 11,5 euros from 10 euros. The “market perform” judgment confirmed.
Impregile it +1%: Kepler Cheuvreux raised the target price to 5 euros from 4 euros, confirming the "buy" judgment.
Recordati +0,1%: Mediobanca raised its target price to 10,75 euro from 10 euro. The “outpeform” judgment confirmed.
BRUNELLO CUCINELLI +0,5%: Deutsche Bank raised its target price to 21 euros from 17,6 euros.
