UBS upgraded U-Blox to Neutral from Sell with a price target of CHF 81, down from CHF 107. Following the selloff post results, U-Blox’s current valuation is an appropriate reflection of its challenging outlook, the analyst tells investors in a research note.
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Read More on UBLXF:
- U-Blox upgraded to Buy from Add at Baader Helvea
- U-Blox price target lowered to CHF 111 from CHF 136 at Credit Suisse
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