Swiss stocks - Factors to watch on July 22

Temenos AG

22/07/2026 06:03

    ZURICH/GDANSK, July 22 (Reuters) - Here are some of the main factors that may affect Swiss stocks on Wednesday:
     
VAT GROUP AG VACN.S 
VAT said it will buy 100% of Japan-based Atonarp.
     
COMPANY STATEMENTS
* VAT GROUP AG VACN.S
VAT Group reported second quarter earnings, confirming full-year outlook.
     
* LONZA GROUP AG LONN.S 
Lonza reported earnings for the first half of 2026, raising full-year core profit margin guidance.
     
* TEMENOS TEMN.S 
Q2 results due.
     
ANALYSTS' VIEWS
BELIMO HOLDING AG BEAN.S - AlphaValue raises target price to CHF 842 from CHF 822
     
ALSO HOLDING AG ALSN.S - Berenberg raises target price to CHF 185 from CHF 173

LINDT & SPRUENGLI LISP.S - Berenberg cuts target price to CHF 9,020 from CHF 10,250

NESTLE SA NESN.S - Jefferies raises to buy from hold; raises target price to CHF 99 from CHF 84 

ECONOMY
SNB US Dollar auction due at 0900 GMT

 (Reporting by Zurich newsroom and Gdansk newsroom)
 ((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))