HUGO BOSS shares rebounded over 6% following an upgrade from UBS, which raised its rating from "neutral" to "buy" and increased the target price from 41 to 49 euros. Despite a recent drop of over 18% to its lowest level since early 2021, analysts see long-term potential due to low valuation, although caution is advised due to negative chart signals.
UBS maintains a "Buy" rating for TotalEnergies, setting a target price of EUR 67.00, citing an improved risk/reward ratio and positive outlook for its liquefied natural gas business. Meanwhile, oil prices dipped due to rising US crude inventories, with geopolitical tensions in the Middle East continuing to impact the market. TotalEnergies is viewed as undervalued, with a solid balance sheet and favorable dividend valuation.
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