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Fly News Breaks for February 24, 2017
SERV
Feb 24, 2017 | 08:56 EDT
Credit Suisse analyst Anjaneya Singh raised his price target for ServiceMaster to $51 from $43 saying guidance is de-risked as focus turns to TMX growth acceleration in 2H17. With AHS continuing to perform well, and the M&A as well as shareholder return opportunity beginning to trickle in, the analyst sees plenty of drivers for upside to consensus estimates. He continues to find ServiceMaster's defensiveness to be attractive. Singh reiterates an Outperform rating on the shares.
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