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-0.0015344664778092 0 0.00165250236071766 0.00566572237960345 -0.00637393767705373 0.000236071765816929 -0.00885269121813031 -0.0113314447592067
Stock impact report

Truist Names APi Group (APG) Top Pick as Facility Services Demand Holds Firm [Yahoo! Finance]

APi Group Corporation (APG) 
Company Research Source: Yahoo! Finance
On January 21, Truist raised its price target on APi Group Corporation (NYSE:APG) to $50 from $41 and reaffirmed its Buy rating. The firm said it continues to view the facility services space favorably heading into 2026, describing the sector as “largely insulated” from broader macro swings and AI-related shifts in the labor market. In its note to investors, Truist named APi Group its top pick in the sector for 2026, pointing to “strong” project demand and further upside to Street estimates as multiples expand. The firm also noted that APi shares still trade at a discount compared with recent private equity deals involving fire safety businesses. More recently, on February 2, APi announced that it had completed its previously disclosed acquisition of CertaSite, an inspection-first provider of fire and life safety services operating across the Midwest. Management said the deal strengthens APi's standing as a leading safety services provider with a focus on non-discretionary, regulat Show less Read more
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