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Swiss Life: top SMI gainer after UBS upgrade

(CercleFinance.com) - Swiss Life shares are one of the sharpest risers in Zurich this Monday, with UBS upgrading the stock to "buy," and raising its target price from 335 Swiss francs to 365 Swiss francs.

The broker said it has become more positive on Swiss mid-cap insurers, such as Swiss Life and Helvetia, seeing "catalysts on the horizon" for Swiss Life.

Swiss Life shares are currently up 2.4% at 343.8 Swiss francs.

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