BPER Banca Shares Climb After Kepler Upgrade; Broker Flags M&A-Derived Value
BPER Banca's stock rose more than 4% following Kepler Cheuvreux's upgrade to 'buy' from 'hold' and a higher 12-month target price. The broker estimated roughly €0.50 per share in value creation and about 10% EPS accretion by 2028 tied to a possible acquisition of a Monte dei Paschi di Siena perimeter from Unipol, and flagged an upcoming business pl…