Westpac Banking Shares Fall After UBS Downgrade

MT Newswires Live

2025/09/03

Westpac Banking (ASX:WBC, NZE:WBC) shares fell more than 2% in recent Australian trade and nearly 2% in NZ trade after financial services company UBS downgraded its rating to neutral on Tuesday.

UBS also raised its price target on Westpac to AU$38 from AU$36.

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