BofA/Merrill Lynch Starts Civitas Solutions (CIVI) at Buy, Sees 47% Upside
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Price: $27.38 --0%
Rating Summary:
7 Buy, 15 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 10 | Down: 6 | New: 33
Rating Summary:
7 Buy, 15 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 10 | Down: 6 | New: 33
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BofA/Merrill Lynch initiates coverage on Civitas Solutions (NYSE: CIVI) with a Buy rating and a price target of $23.00.
Analyst Kevin Fischbeck said CIVI offers solid organic growth profile, strong return on invested capital characteristics and ample FCF (11.8% yield) to consolidate its fragmented markets.
For an analyst ratings summary and ratings history on Civitas Solutions click here. For more ratings news on Civitas Solutions click here.
Shares of Civitas Solutions closed at $15.64 yesterday.
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