In an industry initiation note on the homebuilding and real estate services sector, BTIG initiated coverage of BrightView (BV) with a Buy rating and $15 price target BTIG believes a combination of continued margin expansion and revenue growth can “drive multiple expansion back to its 2019-current average of 8.2x.”
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- BrightView price target lowered to $12 from $16 at Morgan Stanley
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