ABB LTD : Bernstein reiterates its Neutral rating

ABB LTD is a Swiss multinational industrial conglomerate corporation headquartered in Zurich, Switzerland. The company operates in several sectors including robotics and automation, process automation, and discrete automation.

In his latest research note, analyst Nicholas Green of Bernstein has reiterated his recommendation for ABB LTD, keeping the Neutral rating. This means that he believes the stock is neither overvalued nor undervalued at its current price, and that it is a good investment opportunity for those looking to diversify their portfolio.

The target price set by Bernstein remains at CHF 35, which indicates that they believe the stock has room for growth in the near future. However, it's important to note that this is just one analyst's recommendation and investors should always do their own research before making any investment decisions.

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