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Swisscom: shares slightly up after UBS raises target price

(CercleFinance.com) - Shares in Swiss-based telecoms group Swisscom are one of the few gainers on Zurich's SMI index on Tuesday, up 0.
2% at 514.4 Swiss francs, after UBS raised its target price for the share from 470 Swiss francs to 490 Swiss francs.

Nonetheless, the broker maintains a "neutral" rating on the stock.

Swisscom will report its 2017 results on 7 February.

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