ZURICH/BERLIN, Feb 1 (Reuters) - The Swiss blue-chip SMI was seen opening 0.34% higher at 11,324 points on
Wednesday, according to premarket indications by bank Julius
Baer .
Here are some of the main factors that may affect Swiss
stocks on Wednesday:
NOVARTIS The Swiss drugmaker Novartis predicted that core operating
income would grow in a "mid single digit" percentage range in
2023, following stagnation last year. COMPANY NEWS
* ABB said it rasised 325 million Swiss francs
($355 million) from selling a further part of its electric
vehicle (EV) charging business to four minority investors.
* Peach Property Group AG said preliminary 2022 FFO
Between Eur 18 Million And Eur 19 Million
* Roche said the European Commission has approved a
label expansion of Hemlibra to include people with moderate
haemophilia A.
* Baloise Holding said it is investing in Tronity,
gaining a new partner for its mobility ecosystem MEDIA REPORTS
* Credit Suisse to move private funds group to first Boston
unit - Bloomberg News
* Credit Suisse's private bank halts margin loans on Adani
bonds - Bloomberg News
ANALYSTS' VIEWS
UBS GROUP AG : JP MORGAN RAISES TARGET PRICE TO CHF
23 FROM CHF 20.7
UBS GROUP AG : RBC RAISES TARGET PRICE TO CHF 24
FROM CHF 23
BELIMO HOLDING AG : MORGAN STANLEY RAISES TARGET
PRICE TO CHF 490 FROM CHF 460
UBS GROUP AG : BARCLAYS RAISES TARGET PRICE TO CHF
17 FROM CHF 15
KARDEX HOLDING AG : BERENBERG RAISES TARGET PRICE TO
CHF 210 FROM CHF 175
ECONOMY
Manufacturing PMI due at 0830 GMT
(Reporting by Zurich newsroom and Berlin Speed Desk)
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