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ABB downgraded to Underperform from Market Perform at Bernstein
The Fly

ABB downgraded to Underperform from Market Perform at Bernstein

Bernstein downgraded ABB (ABBNY) to Underperform from Market Perform with a price target of CHF 45, down from CHF 46. Given a lack of order momentum in Motion, Process Automation, and Robotics, the firm sees an earnings airpocket and revenue growth stalling in the first half of 2025, the analyst tells investors.

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