Jefferies Maintains Hold on Pediatrix Medical Group, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Brian Tanquilut maintains a Hold rating on Pediatrix Medical Group (MD) and lowers the price target from $10 to $9.

March 06, 2024 | 2:15 pm
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NEGATIVE IMPACT
Jefferies maintains a Hold rating on Pediatrix Medical Group and lowers the price target from $10 to $9.
The reduction in price target by Jefferies, a reputable financial institution, could lead to a negative short-term impact on MD's stock price. Investors often react to such adjustments, especially when they indicate a lower valuation than previously estimated.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100