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via finance.yahoo.comMarkets

UBS cuts Ems-Chemie to Neutral on premium valuation; shares slide

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- UBS downgraded Swiss specialty chemicals maker Ems-Chemie to Neutral from Buy after a roughly 55% rally this year, saying the earnings recovery and new growth areas it highlighted at its upgrade are now priced in. Still guessing which stocks will beat the…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA broker downgrade after a roughly 55% rally this year can weigh on the stock in the short term.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01UBS downgraded Ems-Chemie to Neutral from Buy after a roughly 55% rally this year.
  2. 02UBS says the earnings recovery and new growth areas are now priced in.
  3. 03The price target was raised to 870 Swiss francs from 860.
  4. 04Shares fell 1.8% in Swiss trading.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Ems-Chemie Holding AGEMSN.SWStock845.50 CHF+1.08%today -0.59%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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