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UBS Prefers Manchester United Over Juventus Amid Financial Concerns
UBS has initiated coverage of Manchester United and Juventus, favoring the former due to its potential for revenue growth linked to Champions League participation. While Manchester United's stock is seen as having a better outlook, Juventus faces challenges with its balance sheet and limited revenue growth unless it advances in European competitions. The bank forecasts Manchester United's revenues could reach £672 million for the financial year ending June 2025, while Juventus is expected to break even with sales of 528 million euros.
UBS Initiates Coverage on Manchester United Buy and Juventus Sell Ratings
UBS has initiated coverage of Manchester United with a "Buy" rating and a price target of $23 per share, citing strong revenue potential and a path to profitability linked to a return to the Champions League. In contrast, Juventus received a "Sell" rating with a price target of €2.90 per share, as UBS foresees limited revenue growth and challenges in achieving profitability despite the club's strong on-field performance.
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