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Fly News Breaks for February 18, 2020
BFAM
Feb 18, 2020 | 09:20 EDT
BMO Capital analyst Jeffrey Silber raised his price target on Bright Horizons to $185 and kept his Outperform rating after its Q4 earnings beat and "solid" 2020 guidance. The analyst says the company's revenue growth with new clients and cross-sales remains "steady", even though the quarter saw some margin pressure related to lease consortium center ramp-up. Silber recommends that investors take advantage of any weakness to build their positions.
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