UBS analyst AJ Rice lowered the firm’s price target on Cross Country Healthcare (CCRN) to $9 from $16.50 and keeps a Neutral rating on the shares. The company announced the termination of its merger agreement with Aya Healthcare, which triggers a $20M termination fee payable to Cross Country, the analyst tells investors in a research note.
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Read More on CCRN:
- Citizens JMP upgrades Cross Country Healthcare after end of merger
- Cross Country Healthcare: Hold Rating Amid Acquisition Termination and Uncertain Financial Trajectory
- Cross Country Healthcare price target lowered to $8.65 from $12.29 at Jefferies
- Cross Country upgraded to Outperform from Market Perform at Citizens JMP
- Cross Country Healthcare: Navigating Post-Acquisition Challenges with Financial Stability and Growth Potential