Rochdale's Bove Cuts UBS AG (UBS) Shares to Neutral
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Price: $17.91 -0.17%
Rating Summary:
10 Buy, 7 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Rating Summary:
10 Buy, 7 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Trade UBS Now!
Rochdale Securities' Dick Bove downgraded shares of UBS AG (NYSE: UBS) from Buy to Neutral Thursday morning. The notable banking analyst reduced his price target on the stock from $22.50 to $17.
Despite the downgrade, UBS shares are up 0.6 percent to $16.29 in pre-market action.
Bove's call comes just one day after his "sell everything" call. Bove believes the sky is in fact falling.
For more ratings news on UBS AG click here and for the rating history of UBS AG click here.
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Despite the downgrade, UBS shares are up 0.6 percent to $16.29 in pre-market action.
Bove's call comes just one day after his "sell everything" call. Bove believes the sky is in fact falling.
For more ratings news on UBS AG click here and for the rating history of UBS AG click here.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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