RBC has maintained its "Outperform" rating for UBS, setting a target price of 32 francs. Analyst Anke Reingen highlighted that increasing economic uncertainty is overshadowing the fundamentals of major European banks, favoring institutions with lower dependence on net interest income and stronger U.S. focus. Preferred stocks include Barclays, UBS, Julius Baer, Deutsche Bank, BNP, and OSB Group.
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