Rochdale's Bove Cuts UBS AG (UBS) Shares to Neutral
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Price: $53.44 -0.35%
Rating Summary:
9 Buy, 10 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
Rating Summary:
9 Buy, 10 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
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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.
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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