From Earlier: Barrington Research Reiterates VCA Antech Outperform, $26 PT
Barrington Research reiterated its VCA Antech (NASDAQ: WOOF) Outperform rating and $26 price target in a research report published today.
In the report, Barrington Research stated, "WOOF had a great quarter and we agree with management that they once again proved that the model works - you hire good people who care about pets, pay them a reasonable average wage well below what they would achieve in the medical field, the vets and workers love working with the animals and there is about 10 bps of leverage if you do all that and get 2% growth, which this company is positioning itself to overachieve."
Shares of VCA Antech closed today at $23.82, up 0.68% from Monday's close. At current levels, VCA Antech was trading in aftermarket at $23.91, up 0.49% from Tuesday's close.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.