5 big analyst AI moves: Apple lifted to Buy, AI chip bets reassessed
Investing.com - TD Cowen has upgraded FirstService Corp (NASDAQ:FSV) from Hold to Buy while slightly reducing its price target to $213.00 from $214.00. According to InvestingPro data, the company maintains a "GOOD" overall financial health score, with strong metrics across growth, profitability, and cash flow.
The upgrade follows a significant 20% sell-off in FirstService shares since early September, which TD Cowen believes has created a compelling forward valuation opportunity. InvestingPro analysis confirms this view, with technical indicators suggesting the stock is in oversold territory. The company has demonstrated consistent strength, having raised its dividend for 10 consecutive years.
The research firm made only immaterial changes to its forecasts for the company, with no change to its overall investment thesis on FirstService.
TD Cowen describes FirstService as a "high-quality, defensive, multi-year compounder" in its analysis of the property services company.
The firm views FirstService as well-insulated from challenging trade and economic conditions, supporting its more bullish stance on the stock despite the minor price target reduction.
In other recent news, FirstService Corp reported its third-quarter earnings for 2025, revealing a mixed performance. The company achieved an adjusted earnings per share (EPS) of $1.76, which aligned with analysts’ expectations. However, the company’s revenue fell short, reaching $1.45 billion, which was 1.36% below projections. This revenue miss has raised concerns among investors about the company’s market challenges.
Additionally, analysts from various firms have been closely monitoring FirstService’s performance. While some analysts have maintained their ratings, the revenue shortfall has led to increased scrutiny. These developments are part of the ongoing evaluation of FirstService’s financial health and market position. Investors are advised to consider these recent earnings results and analyst insights as they assess their investment strategies.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.