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UBS News6 articles
Linde Shares Face Pressure After JPMorgan Downgrade, Focus Turns to Pricing Outlook
Linde stock fell 2.53% to $448.07 Friday after JPMorgan cut its rating to Neutral, citing valuation and flat sequential pricing. Investors await U.S. jobs data and company conferences this week.
EV Stocks Rally on UBS Lucid Bet; Stellantis Takes $26.5B Charge
Lucid surged 14% after UBS disclosed a major stake, leading a rebound in EV shares. Stellantis plunged up to 30% in Europe after booking a massive $26.5 billion charge related to its electric vehicle strategy.
Micron Rises on UBS Target Hike Amid HBM4 Supply Concerns
Micron shares gained 3% to $394.69 after UBS raised its price target to $450, citing prolonged memory shortages. However, a separate report suggests Micron may miss out on Nvidia's next-generation HBM4 orders.
American Express Shares Gain Ahead of UBS Conference; Investors Eye Spending Trends
American Express stock rose 1.3% to $359.15 Friday, extending a three-day rally. Investors await management's Feb. 10 UBS conference comments for insights on consumer spending and credit health.
Micron Shares Rally on UBS Target Boost, Memory Shortage Seen Extending to 2027
Micron Technology stock gained 3.1% to close at $394.69 after UBS raised its price target to $450, citing memory supply constraints that may persist through 2027.
Micron Shares Surge on UBS Target Hike Amid HBM4 Supply Concerns
Micron stock rose 3.1% to $394.69 after UBS raised its price target to $450, while Semianalysis cut its forecast for Micron's share of Nvidia's HBM4 supply to zero.