Truist raised the firm’s price target on Bluegreen Vacations to $51 from $45 and keeps a Buy rating on the shares. The company’s Q4 earnings beat was driven by growth in vacation ownership interests, the analyst tells investors in a research note, adding that the firm’s price target change also reflects a roll forward in valuation multiples to 2024.
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Published first on TheFly
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Read More on BVH:
- Bluegreen Vacations reports Q4 EPS ex-items 61c vs. 59c last year
- Bluegreen Vacations to participate in a conference call with Truist
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