We maintain our Sell rating on shares of First Advantage Corporation (FADV) following the release of Q2 results. Our $15.00 target price for FADV is reflects the current acquisition offer by First American, based on First American's current price.
Should the deal not be finalized, we would expect downside risk for FADV. As such, we reiterate our Sell rating on the shares.
First Advantage is a provider of risk mitigation solutions. In the first quarter of 2009, FADV consolidated and realigned its business segments. The realigned business segments are as follows; credit services, data services, employer services, multifamily services, and investigative and litigation support services.
First Advantage (FADV) : FULL ANALYST REPORT
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| Market Summary | May 21, 2012 09:36 am ET |
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