ABM Reports Third Quarter Fiscal 2023 Results

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Deutsche Bank no longer comfortable recommending ABM Industries (ABM)

September 8, 2023 11:58 AM EDT

Deutsche Bank downgraded shares of ABM Industries (NYSE: ABM) to Hold from Buy, lowering the price target to $43 from $65 per share in a note to clients Friday.

Analyst Faiza Alwy said the company has downgraded the stock following its recent results due to... More