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.”
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BV:
- BrightView Holdings’ Earnings Call Highlights Growth and Challenges
- Brightview Holdings Faces Heightened Counterparty Default Risk Amid Market Uncertainty
- BrightView Holdings Reports Record EBITDA Amid Revenue Dip
- BrightView price target lowered to $12 from $16 at Morgan Stanley
- BrightView price target lowered to $10.50 from $13.50 at Goldman Sachs