APi Group Corporation (APG) PT Raised to $43 at Baird

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June 14, 2024 6:21 AM EDT
Get Alerts APG Hot Sheet
Price: $43.95 +1.08%

Rating Summary:
    11 Buy, 0 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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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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