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Stock impact report

Schneider Electric helping electrify future, time to buy stock, Barron's says [Yahoo! Finance]

SCHNEIDER ELEC UNSP/ADR (SBGSY) 
Company Research Source: Yahoo! Finance
Its business is much more than fuses and electrical outlets, though. Its 168,000-strong global workforce makes hardware and software enabling the electrification of just about everything, Al Root writes in this week's edition of Barron's. Sales in 2024 are expected to come in at about $41 billion, up about 5% from the previous year, driven, in part, by insatiable electricity demand from power-hungry AI data centers. If all goes well, the stock can gain 25% in the coming year, the author writes. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now See Insiders' Hot Stocks on TipRanks Read More on SBGSY: Schneider Electric price target raised to EUR 225 from EUR 220 at Deutsche Bank Schneider Electric price target raised to EUR 235 from EUR 230 at Citi Schneider Electric price target lowered to EUR 230 from EUR 235 at Citi Schneider Electric initiated with an Overweight at Barclays Schneider Electric price target Show less Read more
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