UPDATE: Societe Generale Downgrades UBS to Hold on Valuation
January 24, 2013 at 13:58 PM EST
Societe Generale downgraded UBS (NYSE: UBS ) from Buy to Hold. Societe Generale commented, "UBS has had a good run and now it has hit our target price of CHF16.0. To move up further, the stock would need support from a materially stronger improvement in wealth management offsetting the
