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Bear of the Day

First Advantage (FADV)

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July 30, 2009 | Comment(s): 0
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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

Bear of the Day
Every day we feature one stock with a Zacks Recommendation of Sell that is set to underperform over the next 6+ months. We also provide you with free access to the in-depth research report on the stock. If you would like to see all our Buy and Sell rated stocks and in-depth research reports, then check out  Zacks Premium.
 

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