JP Morgan: Yuxin's performance expectations indicate a huge upside potential.

JPMorgan Chase said in a research report that the profit expectations set by Italian bank UBI Banca until the end of 2028 suggest significant upside potential. Analysts wrote that the group's performance in the fourth quarter was weak, attributed to "kitchen sinking," but the prospects for improvement and shareholder distribution should support analysts' upward revision of average expectations. They noted, "While investors' focus continues to be on mergers and acquisitions, UBI Banca continues to achieve strong profitability and capital allocation on an endogenous basis, with more buybacks in the future." The stock rose 4.6% to 77.38 euros.