Broker downgrades for AIB, BOI

Investment bank Morgan Stanley has downgrading Ireland's two main banks from "equal weight" to "underweight".

Broker downgrades for AIB, BOI

Investment bank Morgan Stanley has downgrading Ireland's two main banks from "equal weight" to "underweight".

The investment bank today lowered its share price target for AIB to €12.80 from €13.30 and it's target for Bank of Ireland shares to €10.90 from €11.60.

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