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First Advantage initiated with an Outperform at BMO Capital
The Fly

First Advantage initiated with an Outperform at BMO Capital

BMO Capital initiated coverage of First Advantage (FA) with an Outperform rating and $20 price target While the “sluggish” hiring market has constrained First Advantage’s pre-employment screening revenue, trends are “beginning to move in the right direction,” the analyst tells investors in a research note. The firm says the recently closed Sterling Check deal helps solidify the company’s position as the largest in the space.

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