UPDATE: Benchmark Upgrades Healthcare Services Group to Buy on Waning Headwinds

Benchmark upgraded Healthcare Services Group, Inc. HCSG from Hold to Buy and raised the price target from $23.50 to $27.00. Benchmark said, "We believe that visibility is improving as it relates to some of the headwinds that were facing HCSG going into 2013. The first headwind with improving visibility is the dividend tax rate. The dividend tax rate did not increase to the degree that some had feared and, therefore, we believe HCSG will remain committed to their dividend program to reward shareholders. In addition, with the current administration in place, we believe that there is an opportunity for the Worker Opportunity Tax Credit in 2013." Healthcare Services Group closed at $32.41 on Tuesday.