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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
UBS is set to report a net profit of CHF 536 million for Q4 2024, with analysts closely monitoring the integration of Credit Suisse and potential equity increases. The bank aims for $4.5 billion in annual profit and plans to cut 3,000 jobs in Switzerland as part of a broader cost-saving strategy targeting $13 billion by 2026. UBS shares have risen 17% this year, reaching levels not seen since early 2008.
Raiffeisen Bank International AG is profiting from companies supplying the Russian military, earning over RUB 62 million from Unichim, which provides components for military systems. The bank's operations in Russia contributed to over US$1 billion in profits in 2023, despite facing capital transfer restrictions. Following reports of its involvement, shares fell by 6.4% in Vienna.
UBS has upgraded Novartis to a 'Buy' rating with a target price of 111 Swiss francs, following a review of the company's strong quarterly results. Analyst Matthew Weston has adjusted his estimates accordingly, reflecting confidence in Novartis' performance.
UBS has reiterated its recommendation on Novartis stock, as reported by Cercle Finance and published by BOURSORAMA. The analysis is provided for informational purposes only, with BOURSORAMA disclaiming any responsibility for its content and ensuring no conflicts of interest affect its objectivity.
UBS has maintained a 'Neutral' rating for Henkel, setting a target price of 89 euros. Analyst Guillaume Delmas noted that, apart from Beiersdorf and Reckitt, most European food and consumer goods companies rely on local suppliers amid new US tariffs.
Berner Kantonalbank (BEKB) maintains a stable market presence with a capitalization of 2.3 billion euros, despite recent fluctuations in share price. As of late 2024, the share price has shown slight declines, while early 2025 indicates a positive trend with increases in value. The bank continues to strengthen its management team, enhancing its position in the Swiss banking sector.
UBS has maintained its 'Buy' rating for Novartis, setting a price target of 111 Swiss francs. Analyst Matthew Weston has adjusted his estimates following the company's strong quarterly results released on Monday.
UBS has reaffirmed its "Buy" rating for Sanofi, setting a target price of 120 euros. Analyst Jo Walton expressed optimism regarding the upcoming launches of Dupixent for COPD and Tolebrutinib for smoldering MS, following a recent management call. As of February 3, 2025, Sanofi's stock was trading at 104.38 euros, reflecting a slight increase of 0.19%.
Raiffeisen Bank International AG's shares plummeted by 9.40% after reports emerged that the bank earned fees from a Russian chemical company linked to military supplies for Russia's defense industry amid the ongoing conflict in Ukraine. Documents revealed that the Russian branch received over 62 million rubles ($620,000) in service fees last year, raising concerns among European officials about potential undisclosed clients involved in similar activities. A bank spokesman asserted that Raiffeisen complies with all relevant sanctions imposed by the EU, US, and UK.
Raiffeisen Bank's Russian unit has facilitated transactions for firms supplying materials to Russia's military, generating significant profits despite sanctions. Documents reveal that Unichim, a chemical company, provided acids for military systems, while Raiffeisen processed payments linked to sanctioned entities. The bank faces pressure to exit Russia amid regulatory scrutiny, yet it remains entangled in the war economy, accumulating stranded capital.
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ubs forecasts strong q4 profit amid credit suisse integration challenges
14:01 03.02.2025
raiffeisen bank profits from companies supplying russian military amid sanctions
13:39 03.02.2025
ubs upgrades novartis to buy with target price of 111 francs
12:50 03.02.2025
ubs maintains positive outlook on novartis stock analysis released
12:16 03.02.2025
ubs maintains neutral rating for henkel with target price of 89 euros
11:54 03.02.2025
berner kantonalbank shares show stability and positive growth in early 2025
11:54 03.02.2025
ubs maintains buy rating for novartis with target of 111 francs
11:50 03.02.2025
ubs maintains buy rating on sanofi with target price of 120 euros
11:48 03.02.2025
Raiffeisen Bank shares drop amid allegations of ties to Russian military suppliers
11:17 03.02.2025
raiffeisen bank profits from russian firms linked to military supply chains
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