RBC Capital upgraded UBS to Outperform from Sector Perform with a price target of CHF 30, up from CHF 20. The analyst says more visibility on the longer-term value creation from the Credit Suisse deal and stabilization in the UBS brand sentiment make the firm more comfortable to look out further in time to 2026. RBC views any near-term weakness in the shares as a buying opportunity considering the bank’s longer-term, self-help story.
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