BrightView Holdings Slips 10% After Goldman Sachs Downgrades Stock

Shares of BrightView Holdings Inc. (BV) are slipping over 10% on Monday morning despite no stock-related news statement from the company. However, the stock was hurt after Goldman Sachs' analysts downgraded the stock.

BV is currently trading at $12.97, down $1.50 or 10.37%, on the NYSE. The stock has traded between $12.47 and $19.17 in the past 52 weeks.

According to PriceTargets.com, Goldman Sachs Group has downgraded the stock from Buy rating to Neutral, with a price target of $15.00, down from $18.00.

BrightView Holdings through its subsidiaries, provides commercial landscaping services in the United States. It operates through two segments, Maintenance Services and Development Services.

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