Swiss stocks - Factors to watch on August 17
Swiss stocks - Factors to watch on August 17 ZURICH/GDANSK, Aug 17 (Reuters) - Here are some of the main factors that may affect Swiss stocks on Monday:
COMPANY STATEMENTS
SANDOZ GROUP AG SDZ.S
Swiss generic drugmaker Sandoz SDZ.S will pay up to $77 million upfront to Shanghai Henlius Biotech 2696.HK for rights to three biosimilar drugs to treat cholesterol, lupus and colorectal cancer, the Chinese drugmaker said on Monday.
HIAG IMMOBILIEN HOLDING AG HIAG.S
Switzerland real estate firm's HIAG Immobilien Holding H1 net income rose 90%, driven by condo sales and revaluations.
ANALYSTS' VIEWS
SANDOZ GROUP AG SDZ.S: JEFFERIES RAISES TARGET PRICE TO CHF 93 FROM CHF 82
ACCELLERON INDUSTRIES AG ACLN.S: BERENBERG RAISES TO BUY FROM HOLD; RAISES TARGET PRICE TO CHF 92 FROM CHF 70
ECONOMY
SNB sight deposits due at 0800 GMT.
(Reporting by Zurich newsroom and Gdansk newsroom)
((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
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