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Strategies & Market Trends : ABB (Asea Brown Boveri) ADR

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From: JakeStraw9/25/2008 7:58:44 AM
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ABB upped to hold at Citi
marketwatch.com{3DABA465-E75F-4005-91A7-24D04B599D4A}&siteid=yhoof2

ABB, the Swiss-Swedish engineering group, was upgraded to hold from sell by Citi, saying valuation is now more reflective of the end-market risk. The broker said new CEO Joe Hogen probably won't make a radical strategy shift but may give new momentum to bolt-on acquisitions
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