0932 GMT - Julius Baer can look to increased flows and good operating leverage, Bank of America says, upgrading its rating on the Swiss private bank to buy from neutral. Julius Baer can expect a recovery in flows from new initiatives, increased productivity, and a sunnier outlook in Asia, BofA says. That boosts the shares' attractiveness, the bank says. Julius Baer's CET1 capital ratio is also very robust, the bank's analysts say, trimming their target on the stock to 70 Swiss francs from 71 francs. (joshua.kirby@wsj.com; @joshualeokirby)
(END) Dow Jones Newswires
May 26, 2026 05:32 ET (09:32 GMT)
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