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.
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Read More on FA:
- RBC downgrades First Advantage on potential slowdown in hiring
- First Advantage downgraded to Sector Perform from Outperform at RBC Capital
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- First Advantage: Strong Financial Performance and Strategic Positioning Justify Buy Rating
- First Advantage reports Q1 adjusted EPS 17c, consensus 13c
