Citigroup downgraded ABB Ltd from Buy to Neutral
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/30/2022 | Neutral → Underperform | Exane BNP Paribas | |
| 7/11/2022 | Buy → Neutral | Citigroup | |
| 7/6/2022 | Buy → Neutral | BofA Securities | |
| 6/30/2022 | Buy | Stifel | |
| 1/19/2022 | Sector Perform → Outperform | RBC Capital Mkts | |
| 12/7/2021 | Outperform | Bernstein | |
| 11/3/2021 | Underperform → Hold | Jefferies | |
| 7/6/2021 | Sell → Hold | Deutsche Bank |
SC 13G/A - ABB LTD (0001091587) (Subject)
SC 13D/A - ABB LTD (0001091587) (Subject)
SC 13G - ABB LTD (0001091587) (Subject)
6-K - ABB LTD (0001091587) (Filer)
6-K - ABB LTD (0001091587) (Filer)
6-K - ABB LTD (0001091587) (Filer)
Exane BNP Paribas downgraded ABB Ltd from Neutral to Underperform
Citigroup downgraded ABB Ltd from Buy to Neutral
BofA Securities downgraded ABB Ltd from Buy to Neutral
Cary, NC, April 04, 2023 (GLOBE NEWSWIRE) -- Investment reflects increased customer demand for electrification and automation productsWisconsin greenfield facility for drives and services demonstrates continued commitment to U.S. customers and workforceInflation Reduction Act supports company's continued investment in creating more secure supply chain and strengthening local manufacturing ABB is accelerating its growth strategy in the United States by investing approximately $170 million and creating highly skilled jobs in manufacturing, innovation and distribution operations. ABB is committed to growing in the U.S. by investing in its electrification and automation businesses that
Atlanta, GA, March 30, 2023 (GLOBE NEWSWIRE) -- Investment of $40 million will create new Albuquerque facility to support the US Utility sector in strengthening the electric gridOperations creates 55 new jobs in New Mexico Increases production of high-demand Elastimold® cable accessory solutions used to improve reliability and safety for American consumers and businesses ABB is reinforcing its commitment to the US market and Utility industry with the addition of a new manufacturing facility in Albuquerque, New Mexico, for its Installation Products Division, formerly Thomas & Betts. Planning and construction of the new 90,000-square-foot facility is underway and represents an in
Auburn Hills, MI, March 16, 2023 (GLOBE NEWSWIRE) -- Investment of $20 million will increase production at its existing Auburn Hills facility and strengthen ABB's US leadershipNewly expanded, highly automated facility will create new jobs in the state of MichiganExpansion featuring the latest in automated and advanced manufacturing processes to open November 2023 Today, ABB strengthened its commitment to one of its largest customer markets – the US – with construction starting on the expansion of its existing North American robotics headquarters and manufacturing facility in Auburn Hills, Michigan. The project is expected to be completed in November 2023 and represents an investmen
BRENTWOOD, Tenn., Jan. 20, 2021 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US") today announced the appointment of Laurie Z. Tolson to the Board of Directors effective January 20, 2021. "We are pleased to welcome Laurie to our board," said Uzi Yemin, Chairman, President and Chief Executive Officer of Delek US. "Laurie's background in technology adds yet another aspect of diversity and perspective to our Board and complements the company's drive to utilize technology to enhance operations. To highlight our recent progress in technology implementation, I would encourage shareholders to view this short video link, also posted to the Delek website, Technology - Leading the Fut
On Sunday, Pfizer (NYSE:PFE) and AstraZeneca Plc (NASDAQ:AZN) were among the pharmaceutical companies who announced they will be investing a total of nearly $1 billion in their operations in France, just ahead of this year’s “Choose France” business summit. Together with the domestic Sanofi (NASDAQ:SNY), Pfizer, AstraZeneca will together invest €1.87 billion which is more than $2 billion to expand their operations in the country. AstraZeneca committed 365 million euros, which is about $394 million, to enhance its facilities at its French manufacturing facility in Dunkirk. Pfizer pledged even more, making a commitment to invest 500 million euros or $540 million over the next five years to bo
ABB (NYSE:ABB) reported quarterly earnings of $0.48 per share which beat the analyst consensus estimate of $0.44 by 9.09 percent. This is a 140 percent increase over earnings of $0.20 per share from the same period last year. The company reported quarterly sales of $8.16 billion which beat the analyst consensus estimate of $7.95 billion by 2.68 percent. This is a 12.58 percent increase over sales of $7.25 billion the same period last year.
ABB (NYSE:ABB) has outperformed the market over the past 20 years by 5.91% on an annualized basis producing an average annual return of 13.45%. Currently, ABB has a market capitalization of $68.99 billion. Buying $100 In ABB: If an investor had bought $100 of ABB stock 20 years ago, it would be worth $1,259.08 today based on a price of $37.12 for ABB at the time of writing. ABB's Performance Over Last 20 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine and reviewed by an editor.