BofA sees 10% further upside for European equities by third quarter

LONDON (Reuters) - European stocks are likely to rise another 10% by the end of September as the re-opening of economies after virus lockdowns is likely to lead to a significant pick-up in business activity, Bank of America analysts said on Friday.European stocks have already bounced back 38% from their March trough at the peak of the COVID-19 financial market crash and a further 10% rise would cover all the losses year-to-date.The bank is "overweight" on banks and mining stocks, seeing them..