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Fly News Breaks for July 25, 2018
UBS
Jul 25, 2018 | 07:37 EDT
Societe Generale analyst Andrew Lim upgraded UBS to Buy and raised estimates to reflect modestly higher revenues and increasing momentum on buybacks.
News For UBS From the Last 2 Days
UBS
Apr 23, 2024 | 14:24 EDT
RBC Capital analyst Anke Reingen lowered the firm's price target on UBS to CHF 28 from CHF 29 and keeps an Outperform rating on the shares. The analyst feels that concerns over the TBTF proposal are "justified" and wanted to see more visibility, which "should remove the overhang to focus on the longer-term attraction of the UBS investment case."
UBS
Apr 23, 2024 | 13:51 EDT
As previously reported, Citi analyst Andrew Coombs downgraded UBS to Neutral from Buy with a CHF 27 price target. Following the "sharp rally" in shares, which are up 42% over the past year, the firm contends that "one really has to now look out beyond 2206 to try to justify the current multiple." Swiss authorities' new capital proposals add greater uncertainty on capital return, while the current multiple "now gives little buffer for execution risk" related to the integration of Credit Suisse, the analyst added.
UBS
Apr 22, 2024 | 11:44 EDT
Morgan Stanley lowered the firm's price target on UBS to CHF 31 from CHF 33 and keeps an Overweight rating on the shares.