UBS Group AG Updates on Financial Activities

UBS Group AG has received regulatory approval to sell a significant stake in Credit Suisse’s China venture. This approval is a crucial step towards the full integration of the two banks in the Chinese market.

Stock Price Target Adjustments

UBS has made adjustments to its stock price targets for the following companies:

  • Ferguson
  • United Natural Foods
  • Kohl’s
  • American Airlines
  • Other companies (not specified)

These changes reflect the bank’s assessment of the current market conditions and the potential performance of these companies.

Forecasts on Currency Exchange Rates

UBS has made a forecast about the dollar and foreign currencies, which is similar to its pre-election outlook.