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Stock impact report

Maxim Upgrades ABM to Buy, Highlights Data Center and Chip Exposure [Yahoo! Finance]

ABM Industries Incorporated (ABM) 
Last abm industries incorporated earnings: 3/4 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.abm.com/investor-relations
Company Research Source: Yahoo! Finance
ABM Industries Incorporated (NYSE: ABM ) is included among the 14 High Growth Dividend Paying Stocks to Invest in Now Maxim Upgrades ABM to Buy, Highlights Data Center and Chip Exposure Carol Gauthier/Shutterstock.com On March 11, Maxim upgraded ABM Industries Incorporated (NYSE:ABM) to Buy from Hold. It also set a $50 price target on the stock. The firm pointed to the company's exposure to an expanding US supply chain, including chip factories, data centers, distribution centers, industrial equipment, and microgrids. The analyst noted that after completing a lower-margin transportation infrastructure project in the U.K. and adding semiconductor-related work in Ireland, ABM is now expected to generate more than 90% of its revenue from US projects. During the fiscal Q1 2026 earnings call, CEO Scott Salmirs said the company started the year on a solid footing. He reported 5.5% organic revenue growth, nearly $50 million in free cash flow, and over $90 million in share repurchase Show less Read more
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