Brightview Holdings’ Margin Strategy Hints At Strong Revenue Headwinds Ahead, Says Bearish Analyst
4
0
Brightview Holdings Inc (NYSE: BV) shares were down on Thursday, after adding more than 22% over the past month.
Although the company’s efforts to weed out unprofitable and low-margin contracts will help margin recovery, its EBITDA margins could remain below the pre-COVID pandemic levels over the next three years, according to Goldman Sachs.
The Brightview Holdings Analyst: George Tong downgraded the rating for Brightview Holdings from Neutral to Sell, while raising the price target from $8 to $10.
The Brightview Holdings Thesis: The company’s strategy to exit uneconomical contracts …
Full story available on Benzinga.com
Visited 4 times, 1 visit(s) today
Related posts:
- Home Run To Homewrecker – Analyst Cautious On Homebuilders, Downgrades Key Players
- Aclaris Therapeutics’ ATI-1777 Faces Uphill Battle In Atopic Dermatitis Treatment Landscape, Analyst Downgrades
- Archer-Daniels-Midland’s Financial Figures ‘Are Too High,’ Analyst Downgrades Stock
- After 130% Surge, AMD Faces Uncertain Road Ahead: Top Analyst Says Chipmaker’s Future Shrouded In Doubt