UPDATE: Morgan Keegan Lowers Price Target On VCA Antech To $18.50

By BenzingaStaffB
Benzinga Staff Writer
August 17, 2011 8:28 AM

Symbols: WOOF

Posted in: Analyst Color, Price Target, Analyst Ratings

According to Morgan Keegan, VCA Antech (NASDAQ: WOOF) price target is lowered to $18.50.

Morgan Keegan said that VCA Antech refinanced its senior credit facility. “The new facility adds $100 million of senior term notes for a total of $581 million and increases the capacity on its revolver from $100 million to $125 million.”

VCA Antech closed yesterday at $17.57.

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UPDATE: Morgan Keegan Lowers Price Target On VCA Antech To $18.50

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