2022-01-24 07:48:44 FSV FirstService
01/24/22 01/2407:48 01/24/2207:48 | FirstService upgraded to Outperform from Market Perform at Raymond JamesRaymond James analyst Frederic Bastien upgraded FirstService to Outperform from Market Perform with a price target of $200, up from $195. After removing the impact of 2021's large weather events, Bastien forecasts double-digit organic growth and a steady EBITDA margin of 12% for FirstService Brands in 2022, and assumes that a healthy U.S. home improvement market will continue to generate record bookings for California Closets, CertaPro Painters and Floor Coverings International, the analyst tells investors in a research note. |
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