Barclays Maintains Overweight on Bright Horizons Family, Raises Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Manav Patnaik has maintained an Overweight rating on Bright Horizons Family Solutions (NYSE:BFAM) and raised the price target from $125 to $160.
August 30, 2024 | 3:06 pm
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POSITIVE IMPACT
Barclays has increased its price target for Bright Horizons Family Solutions from $125 to $160, maintaining an Overweight rating. This suggests a positive outlook for the company's stock.
The increase in price target from $125 to $160 by Barclays, along with maintaining an Overweight rating, indicates a strong positive sentiment from the analyst. This is likely to boost investor confidence and could lead to a short-term increase in BFAM's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100