Truist initiated coverage of Apollo Medical with a Hold rating and $41 price target. The analyst likes the company’s recent strategic initiatives, but awaits clarity and proof points around its expansion opportunities outside of California and its performance expanding towards full risk from partial risk.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on AMEH:
- Apollo Medical management to meet with BTIG
- Apollo Medical to acquire assets of Community Family Care Medical Group IPA
- Apollo Medical narrows FY23 EPS view to $1.10-$1.20 from $95c-$1.20
- Apollo Medical reports Q3 EPS 47c, consensus 33c
- Apollo Medical Holdings, Inc. Reports Third Quarter 2023 Results