DA Davidson raised the firm’s price target on Blue Bird (BLBD) to $76 from $70 and keeps a Buy rating on the shares. Revenues and EBITDA beat the firm’s estimates and consensus, and the company’s Q1 outlook was well ahead of expectation, the analyst tells investors in a research note. Blue Bird’s FY26 guidance as a whole was maintained, but clearly suggest the management’s “signature conservatism”, the firm added.
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