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Fly News Breaks for July 23, 2018
BV
Jul 23, 2018 | 08:11 EDT
Credit Suisse analyst Susan Maklari started BrightView with a Neutral rating and $24 price target. The analyst says that while the EBIT margin is expected to grow to 9% of revenues through 2020, she expects labor-related cost pressures to remain intense, potentially causing additional pressure. In turn, Maklari believes that the current valuation properly captures the risk/reward profile.
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