Truist Names APi Group Corporation (APG) Top Pick Amid Facility Services Demand Resilience

Wednesday, Feb 4, 2026 9:13 am ET1min read
APG--

Truist has named APi Group Corporation (APG) its top pick in the facility services sector for 2026, citing strong project demand and further upside to Street estimates. The firm raised its price target on APG to $50 from $41 and reaffirmed its Buy rating. APG operates as a global leader in business services, offering fire and life safety, security, elevator and escalator, and specialty services through a network of over 500 locations worldwide. The company generates a significant portion of its revenue from recurring, statutorily mandated, and contracted services.

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