Nomura Instinet analyst Dan Dolev upgraded ServiceMaster to Buy and raised his price target for the shares to $69 from $39. The analyst believes his bearish thesis of too few technicians serving too many customers causing a deterioration in organic growth has played out. The "road to full recovery is still long," but a pest control survey indicates that Terminix may be "finally on the mend," Dolev tells investors in a research note. He notes that his technician unit economic analysis suggests that margin recovery could be faster than many believe, with Terminix EBITDA returning to growth by 2019.