'Oversold' ANZ shares soar as UBS upgrades to 'buy'
Clancy YeatesBanking reporter
Updated
ANZ Bank shares are enjoying a rare break from the recent gloom surrounding bank today, rising by 2.7 per cent to $26.23, the biggest increase of the big four today.
The increase comes hot on the heels of a change in view from one of the market's highest-rated bank watchers, UBS analyst Jonathan Mott.
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Clancy Yeates is deputy business editor. He has covered banking and financial services, and was previously national business correspondent in the Canberra bureau. Connect with Clancy on Twitter.
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