Credit Suisse analyst Daniel Regli initiated coverage of Vontobel with an Underperform rating and CHF 60 price target. The company is likely to see its fees come under pressure from lower average assets under management levels in 2023, Regli 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.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly