Nexi stops the run with Deutsche Bank’s Hold

Nexi stops the run with Deutsche Banks Hold

(Finance) – After last week’s rally, in the wake of rumors about potential offers from private equity giants, the stock is moving downwards on Piazza Affari Nexi, an Italian PayTech company that is part of the FTSE MIB. A factor also weighs on the performance of the stock market downgrade from Deutsche Bankwhich went down to one “Hold” recommendation from Buy”.

It slides Nexiwhich is positioned at 6.414 Euros, with a drop of 3.17%. A further retreat towards the support area seen at 6.333 and subsequent at 6.251 is expected. Resistance at 6.745.

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