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Fly News Breaks for February 3, 2016
UBS
Feb 3, 2016 | 06:35 EDT
RBC Capital analyst Fiona Swaffield downgraded UBS to Sector Perform and lowered her price target to $17 from $22 on shares. The analyst has reduced her dividend growth expectations and said cost cutting has been slower than expected and oil price sensitive exposure is higher than expected at 7% of CET1.
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