ubs maintains neutral rating for alstom with target price of 20 euros

Alstom has been given a 'Neutral' rating by UBS, with a target price of 20 euros, after a meeting with the company's CFO, Bernand Delpit.

Analyst Andre Kukhnin stated that the discussions provided reassurance regarding Alstom's management of supply chain issues, production challenges, and adherence to price discipline.

The insights shared during the meeting seem to have positively influenced UBS's outlook on Alstom, reflecting confidence in the company's strategies to overcome current operational hurdles.

The report was published on November 15, 2024, at 10:52 GMT.

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