Swiss stocks - Factors to watch on July 16
Swiss stocks - Factors to watch on July 16 ZURICH/GDANSK, July 16 (Reuters) - Here are some of the main factors that may affect Swiss stocks on Thursday:
PARTNERS GROUP PGHN.S
The Swiss asset manager beat expectations on new client demand on Wednesday, shoring up investor confidence in the private equity industry weeks after it capped withdrawals from an open-ended fund and sent its shares plunging.
ABB ABBN.S
Second-quarter results due.
COMPANY STATEMENTS
* SIEGFRIED HOLDING AG SFZN.S says it has appointed Eduardo Montanha as COO.
ANALYSTS' VIEWS
* RICHEMONT CFR.S - J.P. Morgan raises target price to CHF 220 from CHF 200; TD Cowen raises target price to CHF 230 from CHF 220; Berenberg raises target price to CHF 170 from CHF 15
* BACHEM HOLDING AG BANB.S - Jefferies raises target price to CHF 52 from CHF 46
* PARTNERS GROUP HOLDING AG PGHN.S - Jefferies cuts target price to CHF 710 from CHF 760
ECONOMY
No major Swiss economic data scheduled.
(Reporting by Zurich newsroom and Gdansk newsroom)
((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
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