Goldman Sachs Adjusts Ratings for Millennium BCP and Sabadell

By EC Assets · Published 8 July 2026

Goldman Sachs has adjusted its ratings for two European banks. The firm cut Millennium BCP and initiated coverage on Sabadell with a Sell rating. The change for Sabadell is attributed to limited upside potential. The rating change for Millennium BCP and the new coverage for Sabadell were reported on July 8, 2026. The news caused shares to dip. The author Vahid Karaahmetovic reported on the development. Millennium BCP is listed under the ticker BCP. Sabadell is listed under the ticker SABE. Both banks are in the equities market sector. This article is intended for informational purposes only. It does not constitute investment advice.