Swiss stocks - Factors to watch on May 3
03/05/2023 05:45
ZURICH/BERLIN, May 3(Reuters) - Here are some of the
main factors that may affect Swiss stocks on May 3:
NOVARTIS NOVN.S
Amgen Inc sued Novartis AG's Sandoz in New Jersey federal
court Monday, accusing Sandoz's proposed versions of its
multibillion-dollar bone-strengthening drugs Prolia and Xgeva of
infringing several patents. (Full Story)
SIKA SIKA.S
Sika has completed its acquisition of Germany-based MBCC
after receiving all necessary regulatory approvals, the Swiss
chemicals company said on Tuesday. (Full Story)
COMPANY STATEMENTS
STRAUMANN HOLDING AG STMN.S
Q1 results due.
* OC Oerlikon OERL.S Q1 Group Sales Up At CHF 735 Mln -
Reuters
ANALYSTS' VIEWS
BASILEA PHARMACEUTICA AG: BAADER HELVEA STARTS WITH BUY
RATING; TARGET PRICE CHF 57.70
LOGITECH INTERNATIONAL SA: WEDBUSH RAISES TARGET PRICE TO
$63 FROM $60
SIG GROUP AG: JEFFERIES RAISES TARGET PRICE TO CHF 28 FROM
CHF 26
SKAN GROUP AG: CREDIT SUISSE RAISES TARGET PRICE TO CHF 95
FROM CHF 82
DORMAKABA HOLDING AG: CREDIT SUISSE CUTS TO NEUTRAL FROM
OUTPERFORM; CUTS TARGET PRICE TO CHF 447 FROM CHF 590
LANDIS+GYR GROUP AG: TD COWEN RAISES TARGET PRICE TO CHF 87
FROM CHF 84
EX-DIVIDEND
SWISS LIFE HOLDING SLHN.S - 30 CHF/shr dividend
BALOISE HOLDING AG BALN.S - 7.40 CHF/shr dividend
HELVETIA HOLDING HELN.S - 5.90 CHF/shr dividend
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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