Eurobank Equities Raises Greek Bank Price Targets; Flags Election, France Risks

Eurobank Equities raised price targets for Greek banks, citing strong profitability, credit expansion, and resilient net interest income. The firm notes the end of the RRF is manageable but flags 2027 elections and French bond spillover as key risks to the re-rating. The market expects a 13-34% rally, but political and external factors could temper gains.