(AOF) – Bank of America has confirmed its Buy recommendation and reduced its price target from 91 euros to 88 euros on Amundi. The design office expects a net profit of 289 million euros and an operating profit of 383 million euros in the third quarter thanks to its collection of 11 billion euros and a positive market effect. He anticipates a cost / income ratio of 50.8% for the quarter, up from 45.7% in the previous quarter because high performance fees are not expected to be recurring this quarter.
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