Truist analyst Tobey Sommer raised the firm’s price target on Brink’s (BCO) to $163 from $138 and keeps a Buy rating on the shares. The company’s broadening incentive comp rewards tied to segment growth drives the firm’s new expectation for a 13% segment revenue CAGR and 12% total company free cash flow CAGR through FY30, the analyst tells investors in a research note.
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