UPDATE: Baird Upgrades ABM Industries (ABM) to Outperform

Go back to UPDATE: Baird Upgrades ABM Industries (ABM) to Outperform

Baird Upgrades ABM Industries (ABM) On Resilient Recurring Revenue Model

June 21, 2022 4:21 PM EDT

Baird analyst Andrew Wittmann upgraded facility management company ABM Industries (NYSE: ABM) to Outperform with a price target of $50 on Tuesday,

The analyst said in a note to clients that they recently hosted non-deal management meetings.

"At 9.3x our F2023 EPS... More