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Fly News Breaks for July 13, 2017
ABM
Jul 13, 2017 | 08:53 EDT
Baird analyst Andrew Wittmann has turned incrementally negative on ABM following its largest acquisition in company history. Although GCA is a quality franchise, the analyst has wanted to see organic growth rather than to see the focus on growing GCA. Wittmann maintained his Outperform rating but said his thesis is now changed. Wittmann lowered his price target to $47 from $49 on ABM shares.
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