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.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
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