BrightView Holdings shares are trading higher after the company reported better-than-expected Q2 adjusted EPS results. Also, Baird maintained a Neutral rating on the stock and raised its price target from $8.5 to $13.
Portfolio Pulse from Benzinga Newsdesk
BrightView Holdings' shares surged following the announcement of Q2 adjusted EPS results that exceeded expectations. Additionally, Baird reaffirmed a Neutral rating on BrightView but increased its price target from $8.5 to $13.
May 02, 2024 | 5:09 pm
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BrightView Holdings reported Q2 adjusted EPS results that surpassed expectations, leading to a surge in its stock price. Baird maintained a Neutral rating but raised the price target from $8.5 to $13.
The positive earnings report directly impacts BrightView Holdings by potentially increasing investor confidence and demand for BV shares. Baird's raised price target further validates the stock's growth potential, likely contributing to short-term price appreciation.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100