Morgan Stanley Raises Bright Horizons Price Target

Morgan Stanley Elevates Bright Horizons Price Target after Q4 Earnings Beat

In a noteworthy update, Morgan Stanley has fine-tuned its investment stance on Bright Horizons Family Solutions Inc. (NYSE:BFAM) by increasing its price target to $77.00, up from $75.00, while maintaining an Underweight rating. This strategic move follows a robust fourth-quarter performance by Bright Horizons, where the company exceeded expectations in several critical financial metrics.