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Deutsche Bank downgrades Rotork after ABB takeover

By Michele Maatouk

Date: Friday 17 Jul 2026

(Sharecast News) - Deutsche Bank downgraded Rotork on Friday to 'hold' from 'buy' and lifted the price target to 503p from 400p after it agreed to be bought by Swiss engineering firm ABB in a £4.1bn deal.
Rotork announced on Thursday that it had agreed to be taken over by ABB,...

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