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In a report published Friday, Morgan Stanley analyst Andrew Schenker initiated coverage on
Surgical Care AffiliatesSCAI 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.
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