UBS AG has upgraded its price target for Swiss Re shares from 136 to 150 francs, maintaining a "Buy" rating. Analyst Will Hardcastle anticipates a net income exceeding 4.5 billion USD in 2025, driven by improved combined ratios and positive earnings momentum expected from the upcoming capital markets day. As of midday trading, Swiss Re's share price rose 0.7% to CHF 123.20, reflecting a 30.3% increase since the start of 2024, with further growth potential of 21.75% to the new target.