UPDATE: Stifel Nicolaus Raises PT to Team Health Holdings on Q4 Beat
Stifel Nicolaus maintained Team Health Holdings (NYSE: TMH) with a Buy rating and raised the price target from $35.00 to $37.00.
Stifel Nicolaus commented, "Team Health Holdings reported fourth quarter EPS of $0.39, ahead of our at-consensus $0.36 estimate, aided by both the severe flu season and a lower-than-expected tax rate. We are raising our earnings estimates and target price, as we expect the company will continue to grow internally, via new contracts, and through accretive acquisitions, likely complemented by Medicaid parity (though we exclude this benefit from our estimates)."
Team Health Holdings closed at $33.74 on Tuesday.
Latest Ratings for TMH
|Nov 2016||Wells Fargo||Downgrades||Outperform||Market Perform|
|Oct 2016||Leerink Swann||Downgrades||Outperform||Market Perform|
|Sep 2016||Citigroup||Initiates Coverage on||Neutral|
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.