Baird analyst Andrew Wittmann lowered the firm’s price target on APi Group to $42 from $43 and keeps an Outperform rating on the shares. The firm said 2Q24’s results and softer revenue disappointed, raising concerns over demand particularly after strong reports from peers.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on APG: