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Fly News Breaks for March 3, 2020
ABB
Mar 3, 2020 | 06:56 EDT
Jefferies analyst Simon Toennessen initiated coverage of ABB with an Underperform rating and CHF 18.50 price target. ABB's cost flexibility has declined after M&A and he forecasts margins that will come in "materially" below consensus, the analyst stated.
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