BrightView Holdings, the Industrials sector company, was revisited by a Wall Street analyst today. Analyst Toni Kaplan from Morgan Stanley maintained a Hold rating on the stock and has a $12.00 price target.
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Toni Kaplan has given his Hold rating due to a combination of factors affecting BrightView Holdings. The company’s recent quarterly revenue declined by 3.6%, with both its Maintenance and Development segments underperforming expectations. This shortfall was attributed to macroeconomic challenges and delays in development projects, which resulted in revenue growth missing estimates by a significant margin.
Despite these challenges, BrightView’s margins were a positive aspect, with the adjusted EBITDA margin outperforming expectations. However, the company’s guidance for the fiscal year 2026 was lower than anticipated, with a softer performance expected in the first half of the year. Consequently, the price target was adjusted downwards from $16 to $12, reflecting the mixed outlook and maintaining a Hold rating.
Kaplan covers the Industrials sector, focusing on stocks such as Republic Services, Thomson Reuters, and Equifax. According to TipRanks, Kaplan has an average return of 1.5% and a 55.29% success rate on recommended stocks.
In another report released today, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $12.50 price target.