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Fly News Breaks for August 22, 2019
SERV
Aug 22, 2019 | 08:28 EDT
Buckingham analyst James Clement raised his price target for $61 from $53 but maintained a Neutral rating after rolling out rolling out new 2021 estimates and shifting our valuation out an extra year. In a research note to investors, Clement says investors are expecting some degree of organic growth deceleration at Terminix in the second half of 2019, but with margins inflecting positively. New management is doing a great job, Clement says, and looks forward to seeing what ServiceMaster can accomplish with international expansionto places like Europe, Latin America and China.