Baird Maintains Neutral on ABM Indus, Raises Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Andrew Wittmann maintains a Neutral rating on ABM Industries (NYSE:ABM) but raises the price target from $49 to $56.
September 09, 2024 | 11:33 am
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Baird analyst Andrew Wittmann maintains a Neutral rating on ABM Industries but raises the price target from $49 to $56, indicating a positive outlook despite the neutral stance.
The increase in the price target from $49 to $56 suggests a positive outlook for ABM Industries, which could lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100