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Fly News Breaks for February 12, 2018
BFAM
Feb 12, 2018 | 06:47 EDT
Citi analyst Nithin Pejaver raised his price target for Bright Horizons Family Solutions to $107 saying that while the Q4 results were "a bit soft," the combination of sales growth, margin expansion and lower tax rates are likely to drive mid-to-high teen earnings growth over the next couple of years. The analyst believes the company's fiscal 2018 is likely to be strong and he keeps a Buy rating on the shares.
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