Stephens & Co. Upgrades Acadia Healthcare Co to Overweight, Announces $92 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Scott Fidel has upgraded Acadia Healthcare Co (NASDAQ:ACHC) from Equal-Weight to Overweight and set a price target of $92.
January 05, 2024 | 1:12 pm
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Acadia Healthcare Co was upgraded by Stephens & Co. from Equal-Weight to Overweight with a new price target of $92.
Upgrades by analysts typically lead to a positive short term reaction in the stock price as it suggests a better outlook for the company. The new price target of $92 indicates a significant upside potential from the current trading price, which can attract investor interest and potentially drive up the stock price in the short term.
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