Enka cut to ‘neutral’ by Bank of America

Enka cut to ‘neutral’ by Bank of America

Bloomberg
Bank of America reduced its price estimate for Istanbul-based Enka to 7.4 Turkish Liras from 11.9 liras, analyst Pınar Uğuroğlu said in a report e-mailed yesterday. Bank of America upgraded Halkbank, a state-run lender, to “buy” from “neutral.”