First Advantage upgraded to Equal Weight from Underweight at Barclays

Barclays analyst Manav Patnaik upgraded First Advantage (FA) to Equal Weight from Underweight with a price target of $15, up from $14. The firm sees potential upside in the shares if employment “stays resilient.” Barclays likes First Advantage’s “self-help” initiatives and says management made a “compelling case on its AI prowess.”