Citigroup raised its rating on AMN Healthcare Services AHS from Neutral to Buy and established its price target at $11 a share.
Citigroup noted, "AHS has broken out and we are upgrading shares from Neutral to Buy and establishing a 12month price target of $11 (+33%). AHS appears to be taking market share and benefitting from its managed service program (MSP) offering with large healthcare systems. The 2008-2010 cycle of hospital staff reductions is poised for a new growth cycle if Obamacare is implemented."
AMN Healthcare Services closed at $8.31 on Tuesday.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in