Intesa Sanpaolo has received a 'Buy' rating from UBS, with a target price of 4.65 euros, ahead of the release of its third-quarter results.

According to analyst Ignacio Cerezo, the bank's shares have shown resilience despite recent economic challenges, indicating a strong defensive position in its financial performance. The report emphasizes that investors are responding positively to the bank's ability to navigate a difficult economic landscape, indicating confidence in its stability and growth potential.

This endorsement from UBS is significant for Intesa Sanpaolo.