Keybanc Maintains Overweight on R1 RCM, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Scott Schoenhaus has maintained an Overweight rating on R1 RCM (NASDAQ:RCM) but has reduced the price target from $18 to $13.

January 05, 2024 | 10:20 am
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Keybanc analyst Scott Schoenhaus maintains an Overweight rating on R1 RCM but lowers the price target from $18 to $13.
The reduction in price target by Keybanc could lead to a negative short-term impact on R1 RCM's stock price as it suggests a lower expected future valuation. However, the maintenance of an Overweight rating indicates the analyst's continued positive outlook on the company's fundamentals, which may mitigate some negative sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100