ABB Looks Like a Safe Bet -- Market Talk

Dow Jones04-13

0758 GMT - ABB is likely viewed as a safe pair of hands by investors, Barclays analysts say in a research note. The Swiss industrial-technology company has among the highest overall exposure to longer-term investment projects, particularly in energy spending, the analysts say. "We see scope for a strong demand cycle ahead, as countries look to diversify energy supply chain risk away from the Middle East," they say. This should help increase already existing strong demand from other heavy-investment sectors like data centers and marine, they add. ABB's execution track record is justifiably admired by investors, the analysts add. Barclays raises its recommendation on the stock to equalweight from underweight and lifts its price target to 67 Swiss francs from 51 francs. Shares trade1.4% lower at 70.88 francs.(nina.kienle@wsj.com)

(END) Dow Jones Newswires

April 13, 2026 03:58 ET (07:58 GMT)

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