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Aveanna upgraded to Strong Buy from Outperform at Raymond James

Raymond James upgraded Aveanna (AVAH) to Strong Buy from Outperform with an unchanged price target of $13. The firm views the current valuation as “a discount to precedent transactions” with BrightSpring Health (BTSG) having acquired home health assets from UnitedHealth (UNH) and the announced Enhabit (EHAB) go-private deal with a financial sponsor, the analyst tells investors.

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