BMO Capital Maintains Outperform on FirstService, Lowers Price Target to $193
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Stephen MacLeod has maintained an Outperform rating on FirstService (NASDAQ:FSV) but lowered the price target from $196 to $193.

February 07, 2024 | 2:56 pm
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NEUTRAL IMPACT
BMO Capital maintains an Outperform rating on FirstService, with a reduced price target from $196 to $193.
The adjustment in price target by BMO Capital, while maintaining an Outperform rating, suggests a continued positive outlook on FirstService but with slightly tempered expectations. This could lead to a neutral short-term impact on the stock as the market digests the minor adjustment in valuation expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90