Swiss stocks - Factors to watch on May 21
ZURICH/BERLIN, May 21 2024 (Reuters) -Here are some of the main factors that may affect Swiss stocks on Tuesday:
NESTLE SA NESN.S
Shareholders of Nestle India reject the proposal of an increase in royalty payments to its Swiss parent.
BALOISE HOLDING AG BALN.S
Activist investor Cevian has taken a 3.12% stake in the Swiss insurer.
COMPANY STATEMENTS
JULIUS BAER BAER.S - Switzerland's Finance mininster, Karin Keller-Sutter, and Julius Baer's CEO will speak at the Finance Forum event in Liechtenstein
IDORSIA IDIA.S
The company published full year 2023 and first quarter 2024 results.
ANALYSTS' VIEWS
SONOVA HOLDING AG SOON.S - JEFFERIES CUTS TO HOLD FROM BUY; RAISES TARGET PRICE TO CHF 300 FROM CHF 290
SONOVA HOLDING AG SOON.S - BARCLAYS RAISES TARGET PRICE TO CHF 320 FROM CHF 310
SONOVA HOLDING AG SOON.S - MORGAN STANLEY CUTS TO EQUAL-WEIGHT FROM OVERWEIGHT; RAISES TARGET PRICE TO CHF 310 FROM 307
COMPAGNIE FINANCIERE RICHEMONT SA CFR.S - TD COWEN RAISES TARGET PRICE TO CHF 155 FROM CHF 123
COMPAGNIE FINANCIERE RICHEMONT SA CFR.S - UBS RAISES TARGET PRICE TO CHF 164 FROM CHF 163
COMPAGNIE FINANCIERE RICHEMONT SA CFR.S - TELSEY ADVISORY GROUP RAISES TARGET PRICE TO CHF 155 FROM CHF 120
COMPAGNIE FINANCIERE RICHEMONT SA CFR.S - JEFFERIES RAISES TARGET PRICE TO CHF 165 FROM CHF 155
ECONOMY
No major Swiss economic data scheduled.
Reporting by Zurich newsroom and Berlin Speed Desk
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