Broker Recommendations

UBS upgrades Ashmore to 'buy', shares surge

By Michele Maatouk

Date: Friday 14 Mar 2025

(Sharecast News) - Ashmore surged on Friday after UBS upgraded shares of the emerging markets investment manager to 'buy' from 'neutral' and lifted the price target 180p from 175p, as it said flow momentum, investor rotations and an attractive valuation lead to a favourable risk-reward.
UBS said it expects improving inflows...

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