The Latest Breaking News from UBS

UBS analyst Kunal Madhukar upgraded MYT Netherlands Parent BV (NYSE:MYTE) (Mytheresa) to Buy from Neutral. Madhukar said he is optimistic about the company's strategy of growth with solid margins as well as its compelling valuation. He noted several reasons why the stock remained under the radar, including investor apathy towards eCommerce and small market…

UBS analyst Jerry Liu upgraded Pinduoduo Inc (NASDAQ:PDD) to Buy from Neutral with an unchanged $60 price target. The move comes after the agriculture technology platform reported EPS of $0.92, beating the consensus of $0.35. Related: Pinduoduo Clocks 3% Revenue Growth In Q4 Backed By Strategic Shift The analyst noted that the company’s margin expansion had offset…

Switzerland's secretive banks hold up to $213 billion of Russian wealth, the country's financial industry association estimates, as sanctions on Russia give a rare glimpse inside Swiss vaults.

Under Bob Stefanowski, UBS portfolio included companies linked to killings, forced displacement and gang rapes

Arsenal news: The sanctioned Chelsea owner could have purchased Arsenal in 2003 but a 'mistake' from Swiss bank UBS led him to look across London instead

Analysts painted a sharp upside to CrowdStrike Holdings Inc (NASDAQ:CRWD) after it reported a stronger than expected Q4 and initial FY23 growth outlook. ARR rose 65% Y/Y and grew to $1.73 billion, of which $216.9 million was net new ARR added in Q4. BTIG analyst Gray Powell upgraded to Buy from Neutral with a $257 PT (51.4%…

UBS analyst John Hodulik upgraded DISH Network Corp (NASDAQ:DISH) to Buy from Neutral and put a $44 price target (41.9% upside) on the stock. Hodulik noted Dish's "attractive risk/reward" and some long-term potential for its next-generation, cloud-based 5G wireless network, along with its spectrum. Hodulik noted that based on recent auctions, Dish's 150 MHz of…

UBS appointed by FTSE-250 firm as first phase initiated

One of the largest subscription-based retailers could be raising prices for its members soon. Here’s what Costco Wholesale Corp (NASDAQ: COST) investors need to know.