Mizuho raises BrightSpring Health stock price target on earnings outlook
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Oil extends move higher on concerns over Strait of Hormuz; more supply coming? U.S. stock futures fall sharply as Middle East conflict widens; Target impresses Gold hands back some gains as stronger dollar weighs; Iran conflict in spotlight Goldman lifts European natural gas outlook as prices soar 31% amid Iran conflict FLASH SALE (South Africa Philippines Nigeria) FLASH SALE Mizuho raises BrightSpring Health stock price target on earnings outlook By Analyst Ratings Published 03/03/2026, 08:28 AM Mizuho raises BrightSpring Health stock price target on earnings outlook 0 BTSG 0.36% Investing.com - Mizuho raised its price target on BrightSpring Health Services Inc. shares (NASDAQ:BTSG) to $50 from $45 on Monday while maintaining an Outperform rating. The stock currently trades at $41.58, near its 52-week high of $44.87, following a remarkable 125% gain over the past year. The firm increased its 2026 and 2027 adjusted earnings per share estimates and introduced 2028 estimates. The 2026 and 2027 adjusted EBITDA estimates were raised by 14% and 16%, respectively. According to InvestingPro data, four analysts have revised their earnings upwards for the upcoming period, reinforcing the bullish sentiment. The company currently trades at an EV/EBITDA multiple of 23, reflecting premium valuations in the healthcare services sector. BrightSpring Health’s pending Community Living divestiture is expected to close by the end of the first quarter of 2026. The transaction will generate approximately $715 million of net after-tax proceeds earmarked primarily for debt reduction. The company’s Amedisys/LHC home health acquisition is expected to contribute approximately $30 million of adjusted EBITDA in 2026. The acquisition offers margin expansion potential over time. Mizuho reiterated its Outperform rating on the stock. For investors seeking deeper insights, InvestingPro offers 15 additional exclusive tips and comprehensive ana...
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