Reported about 18 hours ago
RBC Capital has reaffirmed its Outperform rating for UBS Group AG, despite lowering the price target from CHF31.50 to CHF29 due to concerns regarding Switzerland's 'Too Big To Fail' (TBTF) regulatory proposals. RBC believes the longer implementation timeline may allow UBS to manage the regulatory changes without harming shareholder payouts. While challenges remain, the firm sees potential for a positive outcome for UBS in the long run.
Source: YAHOO