ABB has been given a "Neutral" rating by UBS, with a target price of 50 francs.
According to analyst Andre Kukhnin, ABB's performance in the third quarter was strong, reflecting its position in the growing electrification sector and the challenges faced in the automation segment.
The report highlights the ongoing tension within ABB's operations as it balances the demand for electrification with the cyclical weaknesses in automation. This nuanced view emphasizes the complexities of ABB's market environment as it navigates these contrasting trends.