First Advantage price target lowered to $22 from $24 at BMO Capital

BMO Capital lowered the firm’s price target on First Advantage (FA) to $22 from $24 and keeps an Outperform rating on the shares. The company Q4 results missed consensus estimates given weaker-than-expected seasonal hiring, but the management noted a strong start to 2025 in terms of sales and pipeline and expects hiring to return to pre-pandemic “norms,” the analyst tells investors in a research note. First Advantage is “difficult to comp”, but the stock is also trading at an attractive entry point, BMO added.