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UPDATE: Morgan Stanley Initiates Coverage on Envision Healthcare on Reform Pure Play

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In a report published Monday, Morgan Stanley analyst Andrew Schenker initiated coverage on Envision Healthcare Holdings (NYSE: EVHC) with an Overweight rating and $33.00 price target.

In the report, Morgan Stanley noted, “We are initiating coverage of EVHC at Overweight with a $33 price target. EVHC is one of the purest plays on healthcare reform, benefiting from the decline in the uninsured for its emergency department (EmCare) and ambulance (AMR) services without the related reimbursement risk.”

Envision Healthcare Holdings closed on Friday at $26.84.

Latest Ratings for EVHC

DateFirmActionFromTo
Jun 2016OppenheimerDowngradesOutperformPerform
Jun 2016Wells FargoDowngradesMarket Perform
Jun 2016Citigroup

View More Analyst Ratings for EVHC
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Posted-In: Andrew Schenker Morgan StanleyAnalyst Color Initiation Analyst Ratings

 

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