Swiss stocks - Factors to watch on December 9

Gurit Holding AG

09/12/2022 05:48

ZURICH/BERLIN, Dec 9 (Reuters) - Here are some of the
main factors that may affect Swiss stocks on Friday:
    CREDIT SUISSE  CSGN.S 
    Credit Suisse on Thursday hailed a "milestone" in its
turnaround plan after raising 2.24 billion Swiss francs ($2.39
billion) as part of a 4 billion franc cash call.
    FINANCE MINISTER
    Switzerland's new finance minister said on Thursday that
difficult decisions lie ahead for the wealthy country as it
wrestles with a widening gap in its public finances.
    ANALYSTS' VIEWS
    PSP SWISS PROPERTY AG  PSPN.S : JP MORGAN CUTS TARGET PRICE
TO CHF 115 FROM CHF 120
    CLARIANT AG  CLN.S : JEFFERIES CUTS TARGET PRICE TO CHF 16
FROM CHF 18
    GURIT HOLDING AG  GURN.S : CREDIT SUISSE INITIATES COVERAGE
WITH NEUTRAL RATING; TARGET PRICE CHF 98
    SCHWEITER TECHNOLOGIES AG  SWTQ.S : CREDIT SUISSE INITIATES
COVERAGE WITH OUTPERFORM RATING; TARGET PRICE CHF 947
    UBS GROUP AG  UBSG.S : CREDIT SUISSE CUTS TO NEUTRAL FROM
OUTPERFORM
    JULIUS BAER GRUPPE AG  BAER.S : CREDIT SUISSE CUTS TO
NEUTRAL FROM OUTPERFORM
    ECONOMY
    No major Swiss economic data scheduled.
 (Reporting by Zurich newsroom and Berlin Speed Desk)
 ((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
 
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