Analyst's RatingAnalyst reiterates a Buy rating and raises the 12-month price target for Bright Horizons, indicating confidence in the company's continued financial performance.
Financial PerformanceBright Horizons reported healthy 1Q results with revenue, EBITDA margins, and EPS that outperformed estimates.
Growth OutlookFull service child care center occupancy rates continue rising, driving high-single to low-double-digit revenue growth with significant operating leverage.