BofAML Says Europe Stocks to Rise as Much as 15%

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  • Jul.21 — European stocks have potential to rise as much as 15% as the region’s business confidence improves, according to Sebastian Raedler, head of European equity strategy at Bank of America Merrill Lynch. “There is an endogenous, organic recovery process already under way,” he said in an interview on “Bloomberg Markets: European Open.”

    In This Story: Merrill Lynch

    Merrill, previously branded Merrill Lynch, is an American investing and wealth management division of Bank of America. Along with BofA Securities, the investment banking arm, both firms engage in prime brokerage and broker-dealer activities.

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