Societe Generale analyst Andrew Lim downgraded UBS (UBS) to Hold from Buy with a CHF 17.50 price target following the bank’s takeover of Credit Suisse (CS).
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Published first on TheFly
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Read More on UBS:
- Banking Sector Concerns Remain Even after the UBS’s Takeover of CS
- UBS Stock: Analyst’s First Thoughts on the Acquisition of Credit Suisse
- Credit Suisse Runs Out of Road; UBS Comes to the Rescue
- Lloyds, HSBC, and Barclays: UK Banking Shares in the Spotlight
- Bank of England welcomes CS deal, says U.K. banks are safe, Reuters reports
