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FTSE 100 movers: Banks soar on UBS upgrade

Published on 9th January 2013

Banks were leading the risers on Wednesday after UBS hiked its targets for the Lloyds, Barclays and RBS, saying 'the UK is over its experiment of combining fiscal and monetary austerity'. The broker revised its price target on Lloyds to 60p (from 50p), for Barclays to 315p (from 255p) and RBS to 410p.

URL: http://www.digitallook.com/dl/news/story/20612418/...

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