UBS (UBS) Shares Falling Despite Dick Bove Upgrade
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Price: $38.44 -2.09%
Rating Summary:
9 Buy, 10 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
9 Buy, 10 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
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Rochdale Securities' Dick Bove upgraded shares of UBS AG (NYSE: UBS) from Neutral to Buy Wednesday morning. Bove lifted his price target on the stock from $21 to $22.50.
Despite the upgrade from a noted banking analyst, UBS shares are moving lower this morning. The stock last traded at $19.68, down about 0.3 percent from Tuesday's closing price.
Dick Bove's new price target on shares of UBS implies potential upside of about 14 percent from where the stock is trading Wednesday.
For more ratings news on UBS AG click here and for the rating history of UBS AG click here.
Despite the upgrade from a noted banking analyst, UBS shares are moving lower this morning. The stock last traded at $19.68, down about 0.3 percent from Tuesday's closing price.
Dick Bove's new price target on shares of UBS implies potential upside of about 14 percent from where the stock is trading Wednesday.
For more ratings news on UBS AG click here and for the rating history of UBS AG click here.
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