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Bright Horizons price target lowered to $100 from $112 at Goldman Sachs

Goldman Sachs analyst George Tong lowered the firm’s price target on Bright Horizons (BFAM) to $100 from $112 and keeps a Buy rating on the shares. Bright Horizons delivered a solid Q1 with modest revenue and EPS upside, improving occupancy and portfolio quality, strong double-digit back-up care growth, and ongoing progress on a unified sales strategy and operational recovery that supports longer-term EPS and growth upside,

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