Jefferies analyst Brian Tanquilut raised the firm’s price target on AdaptHealth (AHCO) to $11 from $9.50 and keeps a Hold rating on the shares. The relative underperformance of healthcare services stocks highlights concerns among investors about Q1 volumes, notes the analyst, who is “unsure if Street numbers adequately reflect” drags from ice storms in Southern states and snow storms in the East Coast that impacted volumes.
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