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Fly News Breaks for November 2, 2018
BFAM
Nov 2, 2018 | 06:51 EDT
Barclays analyst Manav Patnaik raised his price target for Bright Horizons Family Solutions to $125 saying "consistency should be rewarded" following the company's "good" Q3 results. The company's visibility makes it a "core SMID cap holding with a justified (albeit unique) high valuation," Patnaik tells investors in a post-earnings research note. He keeps an Overweight rating on the shares.
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