UPDATE: BMO Capital Initiates Bright Horizons Family Solutions at Market Perform on Expected Growth
Posted on March 06, 2013 at 10:30 AM EST
In a report published Wednesday, BMO Capital Markets initiated coverage on Bright Horizons Family Solutions (NYSE: BFAM ) with a Market Perform rating and $30.00 price target. BMO Capital Markets noted, “While the company operates in a roughly $21 billion addressable market, we believe penetration rates among larger employers (50,000+