UBS Maintains Neutral Rating on Alstom with Target Price of 20 Euros

UBS, a Swiss bank, has given Alstom a "Neutral" rating with a target price of 20 euros after a management briefing in India.

Analyst Andre Kukhnin highlighted Alstom's strong position in the Asia-Pacific region, particularly in India, where conservative growth targets and stable margin development are seen. The briefing emphasized Alstom's strategic initiatives and market potential in a rapidly developing area, reaffirming the company's commitment to maintaining its competitive advantage.

The insights shared during the event are expected to impact investor sentiment as the company continues to grow in this important market.

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