Baader Helvea analyst Emrah Basic upgraded U-Blox to Buy from Add with a price target of CHF 139, down from CHF 160. The firm views the recent share pullback as overdone and says medium term estimates look too low.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on UBLXF: