Swiss stocks - Factors to watch on March 16

Leonteq AG

16/03/2022 05:56

ZURICH/BERLIN, March 16 (Reuters) - Here are some of the
main factors that may affect Swiss stocks on Wednesday:
    
    NOVARTIS NOVN.S  
    A growing number of drugmakers including Eli Lilly and Co ,
Novartis and Abbvie Inc are scaling back business in Russia
after Moscow's invasion of Ukraine, but still pledge to continue
supplying critical medicines. urn:newsml:reuters.com:*:nL3N2VI3MG
    
    ANALYST VIEWS
    NESTLE SA  NESN.S  : JP MORGAN CUTS TARGET PRICE TO CHF 135
FROM CHF 145
    TECAN GROUP  TECN.S  : CREDIT SUISSE CUTS TARGET PRICE TO
CHF 480 FROM CHF 605
    LEONTEQ  LEON.S  : CREDIT SUISSE INITIATES WITH OUTPERFORM
RATING AND CHF 90 TARGET PRICE 
    SCHINDLER HOLDING  SCHP.S  : JEFFERIES CUTS TARGET PRICE TO
CHF 230 FROM CHF 235 
    DORMAKABA HOLDING  DOKA.S  : JEFFERIES CUTS TARGET PRICE TO
CHF 530 FROM CHF 590
    BYSTRONIC AG BYS.S  : CREDIT SUISSE CUTS TARGET PRICE TO CHF
1175 FROM CHF 1392
    FORBO HOLDING  FORN.S  : CREDIT SUISSE RAISES TARGET PRICE
TO CHF 1830 FROM CHF 1825
    
    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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