UNICREDIT : UBS reiterates its buy recommendation
' The Group announces a message of stability at a conference with financial management. Earnings strength and additional distribution/capital protection not yet sufficiently addressed' says UBS.
Net profit forecasts for fiscal 2024 have improved to over €8.5 billion. The Group says it is on track to achieve its medium-term targets of a RoTE of over 15% and solid EPS.
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