Swiss stocks - Factors to watch on Feb 10

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ZURICH | Wed Feb 10, 2010 2:31am EST

ZURICH Feb 10 (Reuters) - Swiss shares were expected to open higher on Tuesday, tracking likely gains on other European bourses following overnight rallies on Wall Street and in Asia on hopes of a European Union bailout for debt-ridden Greece.

The blue chip SMI index .SSMI was seen opening 27 points higher at 6,341 points, according to pre-market data from bank Clariden Leu CLPRE.

The following are some of the main factors expected to affect Swiss stocks on Wednesday.

NOBEL BIOCARE (NOBN.VX)

Nobel Biocare said the dental implant market may return to growth this year, but cautioned visibility was still limited after it posted a 31 percent drop in fourth-quarter net profit.

For related news click on [NOBN.VX]

OERLIKON OERL.VX

Oerlikon said on Wednesday Michael Buscher would step in to run the struggling technology group, taking over from current Chief Executive Hans Ziegler.

For related news click on [OERL.VX]

COMPANY STATEMENTS [CNR-CH]

* Panalpina (PWTN.S) (PWTN.S) receives statement of objections from the European Commission [PWTN.S]

ECONOMY [M-CH]

* The deputy chairman of the Swiss National Bank said on Tuesday it was too early to raise interest rates although prolonging a loose policy was not without dangers. [ID:nWEB9040]

EQUITY RESEARCH [CH-RCH]

* CITIGROUP RAISES SONOVA HOLDING AG (SOON.VX) TO BUY FROM HOLD

* JP MORGAN CUTS UBS AG (UBSN.VX) PRICE TARGET TO SFR 19 FROM SFR 20; RATING OVERWEIGHT

* JP MORGAN RAISES SWATCH GROUP AG (UHR.VX) PRICE TARGET TO SFR 338 FROM SFR 300; RATING OVERWEIGHT

* NOMURA RAISES SWATCH GROUP AG (UHR.VX) PRICE TARGET TO SFR 292 FROM SFR 280; RATING REDUCE

* NOMURA CUTS UBS AG (UBSN.VX) PRICE TARGET TO SFR 20 FROM SFR 22; RATING NEUTRAL

* DEUTSCHE BANK RAISES SWATCH (UHR.VX) PRICE TARGET TO 335 SFR FROM 295 SFR, RATING 'BUY' - TRADERS

* BOFA MERRILL RAISES SWISS RE RUKN.VX TO NEUTRAL FROM UNDERPERFORM

* UBS RAISES SWATCH GROUP AG (UHR.VX) PRICE TARGET TO SFR 335 FROM SFR 325; KEEPS BUY RATING

FOR COMPANIES TRADING EX-DIVIDEND, PLEASE CLICK ON:

.EX.S for all Swiss stocks

.EXSMI.S for blue chips

.EXNSMI.S for other stocks

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