Barclays upgraded Aveanna (AVAH) to Overweight from Equal Weight with a price target of $9.50, up from $5.50. The company reported a “thesis changing quarter” that erased concerns over regulation, the analyst tells investors in a research note. The firm says Aveanna showed “positive differentiation” within the Medicaid landscape, prompting materially higher earnings estimates.
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Read More on AVAH:
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