CIBC lowered the firm’s price target on FirstService (FSV) to $216 from $225 and keeps an Outperformer rating on the shares after the company reported softer organic growth and macro-driven challenges in the roofing segment. The firm, which revised estimates to incorporate expectations for softer roofing revenue in Q4 and the first half of 2026, sees valuation as “increasingly attractive at current levels,” the analyst tells investors.
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