BMO Capital analyst Jeffrey Silber raised the firm’s price target on First Advantage (FA) to $21 from $16 and keeps an Outperform rating on the shares. The company’s Q1 results beat expectations, mainly driver by better-than-expected margins, while its volumes held up well and management noted record dollar volumes in quarterly contract bookings, the analyst tells investors in a research note.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FA:
- RBC downgrades First Advantage on potential slowdown in hiring
- First Advantage downgraded to Sector Perform from Outperform at RBC Capital
- First Advantage Reports Q1 2025 Financial Results
- First Advantage: Strong Financial Performance and Strategic Positioning Justify Buy Rating
- First Advantage reports Q1 adjusted EPS 17c, consensus 13c