UBS has raised its target price for Euronext shares from €160 to €162, maintaining a 'buy' recommendation, which indicates an 11% upside potential. Despite a negative market reaction to the recent quarterly results, UBS is optimistic about the core business momentum and has increased its EPS estimates for 2026-27 by 2%. Euronext, a leading European capital market infrastructure, supports over 1,800 listed issuers with a market capitalization of around €6 trillion and handles 25% of European lit equity trading.