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ABM Industries (ABM) Still Has An Attractive Upside Despite Truist Downgrade
Yahoo Finance· 2026-01-24 13:31
ABM Industries Incorporated (NYSE:ABM) is one of the 10 most undervalued industrial stocks to buy according to analysts. On January 21, Truist Securities downgraded ABM Industries (NYSE:ABM) stock to Hold from Buy, lowering its target price from $58 to $47. The main reason for the downgrade was a normalizing of trends in the Business & Industry segment, which represents 47% of the company’s revenue. Moreover, stock buybacks, which were expected to be the biggest value creation factor this year, are also un ...