Unilever upgraded to ‘buy’ by Deutsche Bank on earnings confidence
Published . Updated .
Key takeaways
- Unilever PLC (LSE:ULVR) has been upgraded to ‘buy’ from ‘hold’ by Deutsche Bank, which raised its price target to 5,350p from 5,300p amid confidence in near-term earnings.
- Exposed: XLF, KRE, BAC, JPM, WFC
- Market reaction: KRE −0.8% on the day (still updating); XLF −0.2% on the day (still updating); C +1.2% on the day (still updating)
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Unilever PLC (LSE:ULVR) has been upgraded to ‘buy’ from ‘hold’ by Deutsche Bank, which raised its price target to 5,350p from 5,300p amid confidence in near-term earnings. The upgrade accompanies only small changes to the bank’s recently updated forecasts, including a more
Directly affected
- UL Unilever+4.3% 30d
Named in this report.
- DB Deutsche Bank Aktiengesellschaft-6.2% 8d
Named in this report.
Indirectly affected
- XLF Financial Select Sector SPDR+1.0% 19d
Financial Select Sector SPDR: it holds banks. Linked by “bank” (banks) in this story.
- KRE SPDR S&P Regional Banking ETF+0.3% 30d
SPDR S&P Regional Banking ETF: it holds banks. Linked by “bank” (banks) in this story.
- BAC Bank of America-11.4% 30d
Bank of America (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story.
- JPM JPMorgan Chase+0.1% 30d
JPMorgan Chase (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story.
- WFC Wells Fargo+4.4% 30d
Wells Fargo (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story.
- C Citigroup-5.6% 30d
Citigroup (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| UL | +0.68% | -0.72% | base | -1.31% | after close | after close | after close |
| DB | -1.02% | -6.06% | base | +0.07% | after close | after close | after close |
| XLF | +1.53% | -1.92% | base | -0.19% | after close | after close | after close |
| KRE | +1.42% | -1.21% | base | -0.75% | after close | after close | after close |
| BAC | +1.83% | -2.53% | base | -0.28% | after close | after close | after close |
| JPM | +2.98% | -2.21% | base | -0.11% | after close | after close | after close |
| WFC | +1.95% | -2.13% | base | -0.34% | after close | after close | after close |
| C | +2.03% | -2.61% | base | +1.25% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Unilever upgraded to ‘buy’ by Deutsche Bank on earnings confidence Yahoo Finance UK
Source: Yahoo Finance
Price since this story was published: Select Sector Spdr Tr (XLF)
| Company | When | Move | Status |
|---|---|---|---|
| Bank Of America (BAC) | that day | -0.28% | still updating |
| Bank Of America (BAC) | three days earlier | -2.53% | final price |
| Bank Of America (BAC) | five days earlier | +1.83% | final price |
| Citigroup (C) | that day | +1.25% | still updating |
| Citigroup (C) | three days earlier | -2.61% | final price |
| Citigroup (C) | five days earlier | +2.03% | final price |
| DB | that day | +0.07% | still updating |
| DB | three days earlier | -6.06% | final price |
| DB | five days earlier | -1.02% | final price |
| Jpmorgan Chase (JPM) | that day | -0.11% | still updating |
| Jpmorgan Chase (JPM) | three days earlier | -2.21% | final price |
| Jpmorgan Chase (JPM) | five days earlier | +2.98% | final price |
| Spdr Series Trust (KRE) | that day | -0.75% | still updating |
| Spdr Series Trust (KRE) | three days earlier | -1.21% | final price |
| Spdr Series Trust (KRE) | five days earlier | +1.42% | final price |
| UL | that day | -1.31% | still updating |
| UL | three days earlier | -0.72% | final price |
| UL | five days earlier | +0.68% | final price |
| Wells Fargo (WFC) | that day | -0.34% | still updating |
| Wells Fargo (WFC) | three days earlier | -2.13% | final price |
| Wells Fargo (WFC) | five days earlier | +1.95% | final price |
| Select Sector Spdr Tr (XLF) | that day | -0.19% | still updating |
| Select Sector Spdr Tr (XLF) | three days earlier | -1.92% | final price |
| Select Sector Spdr Tr (XLF) | five days earlier | +1.53% | final price |
Congressional trades in the stocks in this story
- Rep. Rohit Khanna bought Bank Of America (BAC) (held by a spouse), worth $1,001 - $15,000 on 20 Oct 2026. That is 22 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna sold Bank Of America (BAC) (held by a dependent child), worth $1,001 - $15,000 on 13 Oct 2026. That is 29 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna sold Bank Of America (BAC) (held by a spouse), worth $1,001 - $15,000 on 9 Sep 2026. That is 63 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Jpmorgan Chase (JPM) (held by a dependent child), worth $1,001 - $15,000 on 15 Oct 2026. That is 27 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna bought Jpmorgan Chase (JPM) (held by a spouse), worth $100,001 - $250,000 on 8 Oct 2026. That is 34 days before publication. Filed 5 Nov 2026. View the filing.
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM) (held by a spouse), worth $15,001 - $50,000 on 4 Sep 2026. That is 68 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Wells Fargo (WFC) (held by a dependent child), worth $250,001 - $500,000 on 15 Oct 2026. That is 27 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna bought Wells Fargo (WFC) (held by a spouse), worth $1,001 - $15,000 on 1 Oct 2026. That is 41 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna bought Wells Fargo (WFC) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 47 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar sold Citigroup (C), worth $1,001 - $15,000 on 24 Sep 2026. That is 48 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Citigroup (C) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 68 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Select Sector Spdr Tr (XLF)
Companies mentioned with this story
- XLF Select Sector Spdr Tr
In “Unilever upgraded to ‘buy’ by Deutsche Bank on earnings confidence,” Select Sector Spdr Tr (XLF) is linked, with no stored direction, medium confidence. Reason on file: Financial Select Sector SPDR: it holds banks. Linked by “bank” (banks) in this story
- KRE Spdr Series Trust
In “Unilever upgraded to ‘buy’ by Deutsche Bank on earnings confidence,” Spdr Series Trust (KRE) is linked, with no stored direction, medium confidence. Reason on file: SPDR S&P Regional Banking ETF: it holds banks. Linked by “bank” (banks) in this story
- BAC Bank Of America
Bank Of America (BAC) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Unilever upgraded to ‘buy’ by Deutsche Bank on earnings confidence.” Reason on file: Bank of America (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story
- JPM Jpmorgan Chase
Jpmorgan Chase (JPM) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Unilever upgraded to ‘buy’ by Deutsche Bank on earnings confidence.” Reason on file: JPMorgan Chase (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story
- WFC Wells Fargo
Wells Fargo (WFC) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Unilever upgraded to ‘buy’ by Deutsche Bank on earnings confidence.” Reason on file: Wells Fargo (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story
- C Citigroup
In “Unilever upgraded to ‘buy’ by Deutsche Bank on earnings confidence,” Citigroup (C) is linked, with no stored direction, medium confidence. Reason on file: Citigroup (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story
Select Sector Spdr Tr (XLF)
Select Sector Spdr Tr (XLF) is the company in “Unilever upgraded to ‘buy’ by Deutsche Bank on earnings confidence,” the 11 Nov 2026 this story story.
The link for Select Sector Spdr Tr (XLF) is this: Financial Select Sector SPDR: it holds banks. Linked by “bank” (banks) in this story
Also listed, Spdr Series Trust (KRE): SPDR S&P Regional Banking ETF: it holds banks. Linked by “bank” (banks) in this story
The price range for Select Sector Spdr Tr (XLF), and the dates in the story
BAC traded between 49.17 and 54.92 across 20 sessions. The latest close on file is 49.66. KRE traded between 67.80 and 71.49 across 18 sessions. The latest close on file is 70.61. XLF traded between 52.82 and 56.02 across 16 sessions. The latest close on file is 55.07.
What the saved facts support for Select Sector Spdr Tr (XLF)
46 out of 100Price not final
“Unilever upgraded to ‘buy’ by Deutsche Bank on earnings confidence” scores 46 out of 100. The score uses 1 sources, and 6 linked companies. The price is not final yet.