Deutsche Bank Reassesses ABB's Stock Following Recent Quarterly Results
Monday, 22 July 2024, 10:04
Deutsche Bank Issues Sell Rating on ABB Stock
Deutsche Bank Research has issued a Sell rating for ABB (Asea Brown Boveri) after analyzing the company's quarterly results.
Key Highlights:
- Deutsche Bank maintains a Sell rating.
- Target price set at 45 Francs.
- Concerns over company growth
Conclusion
Investors should carefully consider their positions in ABB as the company's outlook appears increasingly challenging according to Deutsche Bank's analysis.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.