The Latest Breaking News from UBS

Howdens launches £250m share buy-back after posting record results

UBS appointed by FTSE-250 firm as first phase initiated

Birmingham Post · Mar 8, 2022

Costco CEO Says Membership Price Hikes Likely: What Investors Should Know

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. 

Benzinga · Mar 4, 2022

Read How Analysts Reacted To Salesforce's Q4 Results

Analysts adjusted their price targets on Salesforce.com Inc (NYSE:CRM) post Q4 results. Citi analyst Tyler Radke raised the firm's price target on Salesforce to $233 from $220 (11.5% upside) and kept a Neutral. The company "delivered a reassuring" Q4 and outlook, which should help alleviate concerns around the health of the front office and general…

Benzinga · Mar 2, 2022

Analysts Cut Pinterest Price Target Post Q4 Results

Analysts mainly slashed their price targets on Pinterest Inc (NYSE:PINS) post Q4 results. BofA analyst Justin Post lowered the price target on Pinterest to $46 from $57 (87.7% upside) and kept a Neutral rating on the shares.  While the company reported better than expected revenue and adjusted EBITDA, users are "still under pressure," said Post, who…

Benzinga · Feb 4, 2022

Benzinga's Top Ratings Upgrades, Downgrades For February 2, 2022

 

Benzinga · Feb 2, 2022

Stephens Upgrades Azek To Overweight - Read Why

Stephens analyst Trey Grooms upgraded Azek Company Inc (NYSE:AZEK) to Overweight from Equal Weight and lowered the price target to $41 (an upside of 27%), from $47. Grooms notes the stock has pulled back about 33% year-to-date as the expectation for rising rates has led to a selloff of high growth, high multiple stocks. The…

Benzinga · Jan 31, 2022

Here's Why UBS Is Bullish On Microchip Tech

UBS analyst Pradeep Ramani upgraded Microchip Technology Inc (NASDAQ:MCHP) to Buy from Neutral with a price target of $92, up from $82, suggesting an upside of 21.5%. The analyst states that the Analog cycle is transitioning to the inventory build phase. However, it still "has legs" at least through 2022 and likely into the first…

Benzinga · Jan 31, 2022

UBS To Acquire Wealthfront For $1.4B In 'Digital-Led Wealth Management' Push

In an all-cash transaction, UBS Group AG (NYSE: UBS) will acquire fintech Wealthfront For $1.4 billion.

Benzinga · Jan 28, 2022

Read How Analysts Reacted To Hexcel's Q4 Results

UBS analyst Myles Walton upgraded Hexcel Corp (NYSE:HXL) to Neutral from Sell with an unchanged price target of $52, implying an upside of 7%. The analyst notes the company's Q4 results were mixed as the operating performance was a bit below his expectations, but it still came in better than a much more conservative…

Benzinga · Jan 28, 2022

10 Biggest Price Target Changes For Friday

UBS raised the price target on Apple Inc. (NASDAQ: AAPL) from $175 to $185. Apple shares rose 3.6% to $164.94 in pre-market trading.

Benzinga · Jan 28, 2022