Stifel upgraded U-Blox (UBLXF) to Buy from Hold with a price target of CHF 100, up from CHF 67. The firm believes the company’s transition from a cash-burning business to a high cash generator is being overlooked by investors. The analyst expects U-Blox’s free cash flow and investor sentiment to change over the next 12 months.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UBLXF: