Atlas Copco AB Stock Price Fluctuations
Atlas Copco AB, a Swedish industrial company, has experienced fluctuations in its stock price. The company’s shares have been impacted by ongoing trade tensions between the US and China, resulting in a significant downturn in the stock market.
Market Recovery The market has shown signs of recovery, with Atlas Copco’s shares recovering some of their losses.
Updated Price Target Deutsche Bank has lowered its price target for Atlas Copco to 147 kronor. The bank has maintained its “hold” rating for the company.
Market Volatility The company’s performance is closely tied to overall market conditions. As a result, Atlas Copco’s stock price is expected to remain volatile in the short term.
Key Points
- Atlas Copco’s stock price has been impacted by trade tensions between the US and China
- The market has shown signs of recovery, with some losses recovered
- Deutsche Bank has lowered its price target to 147 kronor
- The bank has maintained its “hold” rating for the company
- Atlas Copco’s stock price is expected to remain volatile in the short term