Swiss stocks - Factors to watch on February 6

Leading Edge Materials

06/02/2023 06:01

ZURICH/BERLIN, Feb 6 (Reuters) - The Swiss blue-chip SMI
 .SSMI  was seen opening down 0.40% at 11,304 points on Monday,
according to premarket indications by bank Julius Baer
 JBPRE01 .
    Here are some of the main factors that may affect Swiss
stocks:
    NESTLE  NESN.S 
    Nestle will have to raise prices of its food products
further this year to offset higher production costs that it has
yet to fully pass on to consumers, Chief Executive Mark
Schneider told a German newspaper.
    GAM  GAMH.S 
    One of GAM's largest investors, Global Emerging Markets
(GEM), said on Friday it has increased its stake in the Swiss
asset manager to 5%. 
    COMPANY STATEMENTS
    * Novartis  NOVN.S  Says Patients With Hidradenitis
Suppurativa Experienced Sustained Efficacy And Symptom
Improvement At One Year When Treated With Novartis Cosentyx
    * Zuger Kantonalbank  ZUGER.S : FY Profit At CHF 97.2
Million
    * Novartis  NOVN.S  affiliate Sandoz's biologics licence
application for proposed biosimilar denosumab accepted by U.S.
FDA 
    * LEM  LEHN.S  Reports 9.5% Increase In Nine-Month Sales For
2022/23
    ANALYSTS' VIEWS
    JULIUS BAER GRUPPE AG  BAER.S : RBC RAISES TARGET PRICE TO
CHF 73 FROM CHF 69
    LONZA GROUP AG  LONN.S : MORGAN STANLEY  RAISES TARGET PRICE
TO CHF 710 FROM CHF 695
    ALCON AG  ALCC.S : BERENBERG RAISES TARGET PRICE TO CHF 88
FROM CHF 86
    SGS SA  SGSN.S : CITIGROUP RAISES PRICE TARGET TO CHF 2541
FROM CHF 2509 
    TEMENOS AG  TEMN.S : CITIGROUP RAISES PRICE TARGET TO CHF 70
FROM CHF 56 
    ECONOMY
    No major Swiss economic data scheduled.
 (Reporting by Zurich newsroom and Berlin Speed Desk)
 ((+41 58 306 7336; zurich.newsroom@thomsonreuters.com))
 
((For Top News in a multimedia Web format on Eikon visit: https://bit.ly/2NDFd6g
FOR RELATED PRICES, NEWS AND OTHER TOPICS, DOUBLE-CLICK ON:
Daily Swiss stock market report in German  .SDE 
All SMI constituent stocks  0#.SSMI 
DJ STOXX index  .STOXX 
Top 10 STOXX sectors  .PGL.STOXXS 
Top 10 EUROSTOXX sectors  .PGL.STOXXES 
Swiss mid-cap index  .SSMI 
Swiss all-share index  .SSHI 
Swiss market digest  .AD.S 
Sector overview  CH/SECTOR1 
All Swiss news  CH 
Swiss research news  CH-RCH   
All equity news  E 
SPEED GUIDES:   EQUITY   EQUITY/NEWS1   EUR/EQUITY   SWITZERLAND   REUTERS  ))