Keefe Bruyette downgraded UBS (UBS) to Underperform from Market Perform with a price target of CHF 31, down from CHF 32. The firm sees regulatory pressure in Switzerland and litigation uncertainty weighing on the shares.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UBS: