- Macro: Markets were mixed yesterday with European equities up slightly, whilst in the US the S&P 500 fell marginally.
- Stock: IRES REIT appointed a new CEO (comment on page 2). Today we initiated on Dalata with a buy rating and a price target of €5.60, which implies 25% upside. Additionally we have issued a research note to provide further insights.
- Debt: Core bond yields moved higher yesterday despite weaker data in Europe.
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