Swiss stocks - Factors to watch on Wednesday, July 24

Cembra Money Bank AG

24/07/2024 06:01

ZURICH/GDANSK, Jul 24(Reuters) - Here are some of the
main factors that may affect Swiss stocks on Wednesday:
    
    TEMENOS
    Swiss banking software firm Temenos lowered its guidance for
2024 on Tuesday, citing its half year-performance which was
impacted by Hindenburg's short seller report.
    
    COMPANY STATEMENTS
    
    R&S GROUP RSGN.S  
    R&S Group announces organic net sales growth of 15% and
operating performance above expectations for HY.
    
    SGS SGSN.S 
    SGS confirms its outlook for 2024. 
        
    CEMBRA MONEY BANK CMBN.S 
    Cembra confirms its outlook for 2024. 
        
    BOSSARD HOLDING BOS.S  
    Bossard Holding announces its acquisition of Aero Negoce
International.
    
    EFG INTERNATIONAL EFGN.S  
    Half-year results due. 
    
    ANALYSTS' VIEWS
    
    TEMENOS AG TEMN.S  - JP MORGAN CUTS TARGET PRICE TO CHF 70
FROM CHF 84
    KUEHNE UND NAGEL INTERNATIONAL AG KNIN.S  - TD COWEN RAISES
TARGET PRICE TO CHF 270 FROM CHF 252

    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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