First Advantage downgraded to Equal Weight from Overweight at Barclays

Barclays downgraded First Advantage (FA) to Equal Weight from Overweight with a price target of $15, down from $20. The firm sees a “still challenging” Q1 and Q2 for the staffing group despite more than two years of organic declines. Tariffs could further delay a recovery and visibility remains “extremely low,” the analyst tells investors in a research note. Barclays adjusted its and rating and forecasts and sees “no inflection in 2025.”