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FirstService price target lowered to $201 from $217 at TD Securities

TD Securities analyst Tim James lowered the firm’s price target on FirstService (FSV) to $201 from $217 and keeps a Buy rating on the shares as part of a Q1 preview. The firm expects FirstService to see improving roofing comps relative to last year. A reiterated full-year outlook will likely support the stock and “lay groundwork for eventual move higher,” the analyst tells investors in a research note.

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