UBS Maintains Buy on AdaptHealth, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Whit Mayo has maintained a Buy rating on AdaptHealth (NASDAQ:AHCO) but has reduced the price target from $10 to $9.
January 29, 2024 | 4:42 pm
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UBS analyst Whit Mayo maintains a Buy rating on AdaptHealth but lowers the price target from $10 to $9, indicating a positive outlook with a slightly reduced growth expectation.
The maintenance of a Buy rating suggests that UBS remains optimistic about AdaptHealth's future performance. However, the reduction in the price target could reflect a more conservative view on the company's growth prospects or market conditions, which may temper short-term investor enthusiasm.
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IMPORTANCE 75
RELEVANCE 100