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UPDATE: Morgan Stanley Initiates Coverage on Surgical Care Affiliates on Balanced Risk-Reward

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In a report published Friday, Morgan Stanley analyst Andrew Schenker initiated coverage on Surgical Care Affiliates (NASDAQ: SCAI) with an Equal-Weight rating.

In the report, Morgan Stanley noted, “Initiating on Surgical Care Affiliates (SCAI) at Equal-weight on a balanced risk reward. SCAI is a leader in the Ambulatory Surgical Center space. Through its partnerships with large health systems, SCAI has a capital efficient acquisition growth strategy to drive improved pricing and volumes.”

Surgical Care Affiliates closed on Thursday at $33.98.

Latest Ratings for SCAI

DateFirmActionFromTo
Jan 2017Initiates Coverage OnNeutral
Jun 2016DowngradesBuyNeutral
Feb 2016MaintainsBuy

View More Analyst Ratings for SCAI
View the Latest Analyst Ratings

Posted-In: Andrew Schenker Morgan StanleyAnalyst Color Initiation Analyst Ratings

 

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