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Baird Initiates Coverage on ABB Ltd (ABB) with an Outperform

July 1, 2009 7:42 AM EDT
ABB Hot Sheet
Rating Summary:
    9 Buy, 5 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
Baird initiates coverage on ABB Ltd (NYSE: ABB) with an Outperform rating. Price target $20.

ABB Ltd (ABB) is a global provider of power and automation technologies to utility and industry customers.

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