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Service Corp. price target raised to $78 from $77 at BofA

BofA raised the firm’s price target on Service Corp. to $78 from $77 and keeps a Buy rating on the shares. The company’s 2024 EPS guidance midpoint implies 5% growth, which is below the long-term growth target, but the company also made “bullish comments” on its 2025 outlook, the analyst tells investors in a post-earnings note.

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