UPDATE: Cantor Fitzgerald Initiates Hold, $26 PT on AmSurg

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Cantor Fitzgerald initiates a Hold rating and $26 price target on AmSurg
AMSG
as the company's valuation is in the mid-point of its historical share price. Cantor Fitzgerald notes, "AmSurg has outperformed the market on expectations that it will benefit from an economic recovery and take market share from hospitals. The stock is up 17% over the past six months, compared with a 15% gain for the S&P 500 over the same period. Acquisition opportunities could help offset slow organic growth. Ambulatory surgery has slowed nationally, and the more negative impact on smaller, independent centers could result in increased acquisition activity. AmSurg has accelerated its acquisitions over the past year." AMSG closed at $25.56 a share yesterday.
Posted In: Analyst ColorPrice TargetInitiationIntraday UpdateAnalyst RatingsCantor Fitzgerald
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