Thomas Weisel (TWPG) Initiates Psychiatric Solutions (PSYS) with an Overweight

By Ben Zinga
September 09, 2009 9:21 AM

Symbols: PSYS, TWPG

Posted in: Upgrades, Analyst Ratings

Psychiatric Solutions (NASDAQ: PSYS), as predicted by Thomas Weisel (NASDAQ: TWPG), will resume making acquisitions at the end of this year, after the credit freeze last year prevented it from making any. Thomas Weisel expects the resumption to be a catalyst for the stock and it set a $33 target on the shares.

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Thomas Weisel (TWPG) Initiates Psychiatric Solutions (PSYS) with an Overweight

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