UBS Global Research has raised its year-end target for the S&P 500 to 5,150, indicating a potential 8% upside from the current level. This move tops the projections of other major global banks. UBS Chairman Colm Kelleher also indicated the possibility of exceeding the profitability goal, particularly after the integration of Credit Suisse. The takeover of Credit Suisse is seen as making UBS stronger, according to the CEO. The market's favorable response to the Credit Suisse takeover was also noted by UBS Chairman Colm Kelleher.
Credit Suisse takeover is no 'deal of the century' but leaves UBS stronger, says CEO https://t.co/rV0cxkdchs https://t.co/NL4FdYrwLf
INTERVIEW UBS Chairman Colm Kelleher indicates there’s a fair chance the Swiss lender will exceed the profitability goal it has set itself https://t.co/Kno52jBOwq via @business @myriamBalez #Switzerland
"The markets like what we're doing" UBS Chairman Colm Kelleher gives his verdict on how the Credit Suisse takeover is going at #BloombergHouse in Davos https://t.co/0vrdE9xdBU https://t.co/hmR1ow6lFz
UBS chairman sees possible 'upside' to bank's return on equity target https://t.co/kXDJtIOnOH https://t.co/av5IpxaL0W
⚠️ UBS CHAIRMAN SEES POSSIBLE 'UPSIDE' TO BANK'S RETURN ON EQUITY TARGET (Reuters) UBS's return on equity may be higher than currently expected, once the integration of its former rival, Credit Suisse, has been completed, its chairman said on Wednesday. "We have given a 15%… https://t.co/ZnHN1cBDb0
UBS Chairman Colm Kelleher indicates there’s a fair chance the Swiss lender will exceed the profitability goal it has set itself https://t.co/iydH4zUpTd
UBS Chairman Colm Kelleher says regulators pushing to increase capital at banks are looking in the wrong place to address the weaknesses in the financial system https://t.co/nTUUIuQik3
UBS: “We are increasing our 2024 S&P 500 target from 4850 to 5150. While earnings should drive 2023 returns, lower rates should support incrementally higher multiples.” [Golub] $SPX https://t.co/fOFcetIpaG
Another Wall Street bank has boosted its S&P 500 target. 5,150 here we come says UBS. https://t.co/rhPv0emLl6
Another Wall Street bank has boosted its S&P 500 target. Here’s why. https://t.co/m9lu0lainn
UBS lifts 2024 year-end S&P 500 target to 5,150, tops big banks https://t.co/T36qz9iy86 https://t.co/65NJRLqNRK
⚠️ UBS LIFTS 2024 YEAR-END S(and)P 500 TARGET TO 5,150, TOPS BIG BANKS (Reuters) UBS Global Research increased its year-end target for the S&P 500 on Tuesday to 5,150, marking the highest projection among major global banks and indicating a potential 8% upside from current… https://t.co/Gj8b7d9ra7
🔴 US EQUITY STRATEGY: UBS RAISES 2024 S&P 500 TARGET TO 5150 FROM 4850.