On Nov 05, major Wall Street analysts update their ratings for $Bright Horizons Family Solutions (BFAM.US)$, with price targets ranging from $108 to $160.
Morgan Stanley analyst Toni Kaplan maintains with a sell rating, and adjusts the target price from $100 to $108.
Goldman Sachs analyst George Tong maintains with a buy rating.
Barclays analyst Manav Patnaik maintains with a buy rating, and maintains the target price at $160.
Baird analyst Jeffrey Meuler maintains with a hold rating, and adjusts the target price from $131 to $140.
Furthermore, according to the comprehensive report, the opinions of $Bright Horizons Family Solutions (BFAM.US)$'s main analysts recently are as follows:
The firm has refined its guidance for fiscal year revenue, maintaining it at approximately $2.675B, and increased the midpoint for adjusted EPS to about $3.40 from $3.35. Following the third-quarter report, the firm has also enhanced its forecast for FY24 adjusted EBITDA by 1%.
Bright Horizons' recent financial outcomes were a combination of both positive and negative elements, with notable success in the Back-Up Care segment. Yet, there's a deceleration observed in Full Service revenue compared to the same-center enrollment growth, and the outlook for 2024 Full Service revenue has been adjusted to focus on the lower spectrum of the earlier projections.
Here are the latest investment ratings and price targets for $Bright Horizons Family Solutions (BFAM.US)$ from 4 analysts:
Note:
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