UBS downgraded Julius Baer (JBAXY) to Neutral from Buy with a price target of CHF 55, down from CHF 64.50. Despite a sensible strategy, realistic targets, and access to growing wealth pools, Julius Baer “faces a long journey to re-rating,” the analyst tells investors in a research note.
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Read More on JBAXY:
- Julius Baer price target lowered to CHF 60 from CHF 63 at RBC Capital
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- Julius Baer price target lowered to CHF 63 from CHF 65 at RBC Capital
- Julius Baer downgraded to Underweight from Equal Weight at Morgan Stanley
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