APi Group Corporation (APG) PT Raised to $43 at Baird
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Price: $45.41 +2.41%
Rating Summary:
11 Buy, 0 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 21 | Down: 25 | New: 17
Rating Summary:
11 Buy, 0 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 21 | Down: 25 | New: 17
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(Updated - June 14, 2024 6:22 AM EDT)
Baird analyst Andrew Wittmann raised the price target on APi Group Corporation (NYSE: APG) to $43.00 (from $42.00) while maintaining a Outperform rating.
The analyst commented: "Higher conviction. Earnings showed good progress on margin goals; better 2H24 top-line contribution expected (ongoing DD inspection growth). Elevator maintenance/service acquisition adds high-returning new vertical. Relative discount to EME/FIX, perhaps slower growth, but much more recurring in nature."
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