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ubs shares show resilience amid positive real estate market developments
Goldman Sachs maintains a 'Buy' rating for UBS with a target price of 38.70 francs, while JPMorgan upgrades its rating to 'Overweight' with a target of 31 francs, citing strong quarterly results and effective restructuring. UBS reported a profit of 1.43 billion USD in Q3 2024, exceeding market expectations, despite a slight dip in share price.
uniCredit's potential commerzbank takeover gains support amid german political tensions
Support for UniCredit's potential takeover of Commerzbank is growing, even in Germany, despite government resistance due to political concerns and upcoming elections. The deal, seen as a national consolidation rather than a cross-border merger, has backing from influential figures like Allianz and Jens Weidmann, indicating a shift in perception.
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