• (PLX AI) – Atlas Copco shares fell 2.4% in morning trading after Bank of America downgraded the stock to neutral from buy.
  • • Price target cut to SEK 620 from SEK 650
  • • This may be as good as it gets for Atlas Copco, as record valuations look vulnerable and momentum in China is slowing, BofA said
  • • Future growth may fall short of high expectations, however Atlas Copco is a very high quality business and has a loyal investor base, which could provide downside protection, the analysts said

Quelle: PLX AI