CBA Shares Plunge After UBS Downgrade
Summary by sharecafe.com.au
1 Articles
1 Articles
CBA Shares Plunge After UBS Downgrade
Commonwealth Bank (CBA) shares experienced a significant drop following concerns raised by UBS analyst John Storey regarding the bank’s retail performance. At 10.55am AEST, CBA shares were down 4.7 per cent to $170.44 after the UBS assessment was released. Commonwealth Bank is one of Australia’s largest financial institutions, providing a range of banking and financial services to individuals and businesses. It operates through various divisions…
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