UBS AG has maintained a "Buy" rating for Richemont shares, setting a target price of 144 francs, despite a recent drop in share value to CHF 123.50, reflecting a 3.3% decline. The stock has shown a 9.2% increase since the start of 2024, indicating a potential upside of 16.6% from the target price. The Q2 2025 financial results are anticipated on November 8, 2024.