Despite Authoritarian Turn In Turkey, UBS Still Bullish; Other Banks Not So SureMark Melin
The failed coup attempt in Turkey, resulting in one of the largest purges in democratic society’s history, has not changed the regional economic outlook to any meaningful degree, a UBS research piece noted. Its still a buy based on valuation among other issues, as the Swiss-based investment bank reiterates its original overweight rating. Other banks are not so certain, taking a more wait and see attitude while recognizing the potential value play.
Authoritarianism no concern to UBS, who says Turkey a buy
exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible