JPMorgan has updated its price target for Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) to EUR 23.30, a decrease from the previous target of EUR 23.50.
The adjustment reflects ongoing assessments of market conditions and BBVA's operational capacity.
Despite the lowered target, JPMorgan continues to maintain an overweight rating, indicating a positive outlook on the bank's performance relative to its peers.