Goldman Sachs cuts targets on four Swedish industrial cos.

(ADPnews) - Sep 15, 2009 - Goldman Sachs lowered today the share price targets on Swedish industrial companies AB SKF (STO:SKF B), Atlas Copco (STO:ATCO A), Assa Abloy (STO:ASSA B) and on Swiss-Swedish ABB Ltd (VTX:ABBN, STO:ABB) in an analysis of the European capital goods sector.

The broker cut the share price target on SKF to SEK 114 from SEK 117 and gave a "sell" rating.

The price target on Atlas Copco's stock was reduced to SEK 100 from SEK 104 and on Assa Abloy's share to SEK …