
BalkansCat
Goldman Sachs downgraded Deutsche Bank (NYSE:DB) to Neutral from Buy and Commerzbank (OTCPK:CRZBF) (OTCPK:CRZBY) to Sell from Neutral, given changes in valuation after their stocks outperformed year-to-date.
"A combination of better growth, a steadier and steeper rates backdrop, and consistent beats and