SB1 cuts Intrum target price 40% after 34% drop, keeps buy rating

SB1 Markets slashed its target price for Intrum by nearly 40% following a 34% single-day share price plunge, yet maintained a buy recommendation. The sharp decline suggests a material negative event or market repricing, but the bank's continued buy stance indicates it views the selloff as overdone. The discrepancy between the target cut and retained rating highlights uncertainty about the underlying cause and future recovery.

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