Citi lifts price target on Marfin Popular Bank

Citigroup Research has lifted its price target on the shares of Marfin Popular Bank (CPB) from EUR 3.25/share to EUR 4.00/share in a research note dated September 24, 2009 at a time when the share price, trading near EUR 2.80/share is down 73% from its peak because of concerns on growth outlook and risk.
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