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Fly News Breaks for November 2, 2017
Nov 2, 2017 | 08:49 EDT
BMO Capital analyst Jeffrey Silber raised his price target on Bright Horizons to $90 and kept his Market Perform rating after Q3 results, saying revenues and margins were mostly in line while EPS beat was driven by a lower tax rate. Silber notes expectations of improvement in FY18, as the company forecast above-consensus revenue and better margins, saying the management is executing its strategy well.
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