Deutsche Bank Stuck In "vicious circle"; Faces "Insurmountable headwinds": Berenberg
As the Deutsche Bank price target gets reduced below consensus, an analyst says the road ahead could be a cul de sac with narrowing options. Too many debt problems exist and illiquid credit markets will narrow the bank’s choices, particularly as “core profitability is impaired.” If one thinks negative interest rates defy economic logic, the investment case in Deutsche Bank at this time might be a close second, is the general impression.
slashes Deutsche Bank price target 30 . . .
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