UBS has shared its latest ratings and target price updates on key stocks today. The global brokerage has upgraded its stance on Siemens, reflecting a positive outlook, while maintaining its recommendation on Federal Bank but revising its target price downward.
Siemens: UBS has upgraded its rating on Siemens to ‘buy’, with a revised target price of ₹8,000 per share. The brokerage’s optimistic stance signals confidence in the company’s growth potential and strong fundamentals. This upgrade aligns with the positive sentiment surrounding Siemens’ strategic initiatives and market performance.
Federal Bank: UBS continues to maintain a ‘buy’ rating on Federal Bank but has revised its target price to ₹235 per share from an earlier level. Despite the neutral outlook on the stock, the bank remains an attractive pick for its consistent operational performance.
These updates from UBS offer valuable insights into the performance expectations of these stocks, helping investors align their portfolios accordingly.
