Baird lowered the firm’s price target on BrightView (BV) to $19 from $20 and keeps an Outperform rating on the shares. The firm updated its model following the company’s guidance cut to revenue but sees a higher margins and free cash flow outlook.
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Read More on BV:
- Closing Bell Movers: Centene down 24% after pulling 2025 guidance
- BrightView Holdings Updates 2025 Financial Guidance
- BrightView cuts FY25 revenue view to $2.68B-$2.73B from $2.75B-$2.84B
- BrightView Holdings Completes Underwritten Stock Offering
- BrightView announces 11.6M share offering of common stock for holders