Vienna Stock Exchange: Winners and Losers (2011-06-30)

Businessn.a. ♦ Published: June 30, 2011; 17:53 ♦ (Vindobona)

Daily News-Flash from the Vienna Stock Exchange: Upgrades & Downgrades, Winners & Losers.

Vienna Stock Exchange: Winners and Losers (2011-06-30) / Picture: © Vindobona.org

UBS initiated coverage for Verbund with a “Sell” rating and a target price of € 26.00. The analysts see substantial risk of a profit warning for 2011. Morgan Stanley downgraded the share from “Equalweight” to “Underweight”. The target price was cut from € 30.00 to € 27.50. The market was too optimistic that the company’s…