UBS Maintains Neutral on ABM Indus, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Joshua Chan maintains a Neutral rating on ABM Industries (NYSE:ABM) but raises the price target from $51 to $55.
September 09, 2024 | 2:06 pm
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UBS analyst Joshua Chan maintains a Neutral rating on ABM Industries but raises the price target from $51 to $55, indicating a positive outlook.
The increase in the price target from $51 to $55 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 expect significant outperformance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100