Ticker: ING

Goldman Sachs upgrades ABN Amro (ABAM34) to Buy, lifts 12‑month target to €32.50 (from €24.70). Cites stronger NII, cost cuts and €8.5bn capital returns/buybacks-shares trade ~20% below the new target.

Dutch bank ABN Amro raises its full-year net interest income forecast to €6.4 billion after surpassing Q2 estimates, leading to a 3% share price increase. Despite a dip in NII and net profit, strong market dynamics support its positive outlook. A stock to watch!