UBS cut its target price on GQG — the fourth largest investor in Adani Enterprises — to Australian dollars $2.30 from AU$3.30 This is the Swiss firm's first ever downgrade of the stock since ...
Shares in GQG Partners (ASX:GQG) tumbled today after UBS downgraded the company from a buy to a neutral and reduced the stock's price target from $3.30 to $2.30.