RBC Capital Upgrades Credit Suisse (CS) to Outperform

RBC Capital upgraded Credit Suisse (NYSE: CS) from Sector Perform to Outperform.

Analyst Anke Reingen said they see room for CS to rerate further as it gets credit for improving returns supported by cost cutting and the run down of its non-core assets.

The firm raised their price target to CHF18ps (from CHF15.5).

For an analyst ratings summary and ratings history on Credit Suisse click here. For more ratings news on Credit Suisse click here.

Shares of Credit Suisse closed at $15.95 yesterday.

You May Also Be Interested In

• Freedom Broker Upgrades Morgan Stanley (MS) to Buy
• GE Aerospace (GE) PT Raised to $435 at UBS on Strong Demand
• Freedom Broker Downgrades Karooooo Ltd. (KARO) to Hold