RBC Capital analyst Piral Dadhania downgraded Swatch Group (SWGAY) to Underperform from Sector Perform with a price target of CHF 140, down from CHF 150. The firm cites the company’s structural and cyclical challenges for the downgrade. It sees another difficult year for Swatch.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SWGAY:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue