UBS Initiates Coverage On Bright Horizons Family with Sell Rating, Announces Price Target of $79
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Joshua Chan initiates coverage on Bright Horizons Family (NYSE:BFAM) with a Sell rating and announces a price target of $79.
June 01, 2023 | 8:52 am
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UBS analyst Joshua Chan initiates coverage on Bright Horizons Family (NYSE:BFAM) with a Sell rating and a price target of $79.
The Sell rating and price target announcement by UBS analyst Joshua Chan directly impacts Bright Horizons Family (BFAM). The negative rating suggests that the analyst believes the stock is overvalued and may underperform in the short term, which could lead to a decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100