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Fly News Breaks for June 8, 2017
ABM
Jun 8, 2017 | 08:29 EDT
Baird analyst Andrew Wittmann noted ABM delivered another strong earnings report and said the company's turnaround story remains intact. The analyst noted its solid beat and raised guidance but said the raise is likely conservative, setting up a potential repeat pattern. He said the underlying margins showed continued strong gains, which he expects to continue. Wittmann reiterated his Outperform rating and $50 price target on ABM shares.
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