Ann: ABB Half Year Results - Investor Presentation, page-9

Don't sell your shares as SP is100% headed towards $ in March.

• Morgan Stanley has upgraded ABB to an 'overweight' rating and hikes stock's target price to A$5.50 from A$2.40.
• The broker says that bearish sentiment that it had on the stock initially does not hold now since the co's consumer broadband business is now underpinned by ABB's own new fibre network, among others.
• The broker believes there is considerably more to come, both in terms of medium-term earnings upside and creation of shareholder value.
• Adds that the acquisition of tech co Symbio Holdings will result in the 8-10% growth for ABB in FY25 Four of seven analysts rate the stock "buy" or higher, two "hold" and one "sell" or lower; their median PT is A$4.89.