BofA analyst Andrew Sinclair upgraded Swiss Life to Neutral from Underperform with a price target of CHF 625, up from CHF 620. Swiss Life’s CHF 300M buyback begins on Monday and the stock should remain “well-underpinned, with strong performance seen during prior buybacks,” the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>