Strategists are bullish on Europe thanks to lower valuations and higher diversification.
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Europe is cheap compared to the U.S., and UBS sees the region's earnings backdrop as firmer and more dependable than in the past.
It comes amid renewed interest in Europe, with Deutsche Bank taking a positive stance on the region versus the U.S.
Katie Stockton and team breaks down the charts on European banks and Deutsche Bank.
CNBC asked 10 Europe-based asset managers for their views on the continent amid the apparent revitalization of American assets.
Goldman Sachs remains largely bullish on Deutsche Bank's outlook despite downgrading shares to a neutral rating from buy.
Investment strategists say European banks continue to be a strong diversification play for 2026.
