Goldman Sachs analyst Chris Hallam has increased his price target for UBS shares. He expects the bank's assets under management to grow and a slowdown in investment banking due to the season. He also predicts that UBS will continue to reduce operating expenses.
Zürcher Kantonalbank (ZKB) has expressed concerns about potential risks during UBS's integration of Credit Suisse, including media scrutiny and possible client outflows. Despite these risks, ZKB maintains an "overweight" rating for UBS shares.
UBS is scheduled to announce its third-quarter results on October 30.