ServiceMaster Global Holdings (SERV) Misses Q3 EPS by 10c, Revenues Beat; Raises FY18 Revenue Outlook, but Remains Below Consensus

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Go back to ServiceMaster Global Holdings (SERV) Misses Q3 EPS by 10c, Revenues Beat; Raises FY18 Revenue Outlook, but Remains Below Consensus

ServiceMaster (SERV) PT Lowered to $52 at Nomura/Instinet

November 7, 2018 7:38 AM EST

Nomura/Instinet analyst Dan Dolev lowered the price target on ServiceMaster (NYSE: SERV) to $52.00 (from $53.00) while maintaining a Buy rating.

Following a strong 3Q, Nomura/Instinet raised 2018/2019 revenue and lowered adjusted EBITDA estimates as investments increase.

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