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Encompass Health price target lowered to $150 from $160 at BofA

BofA lowered the firm’s price target on Encompass Health (EHC) to $150 from $160 and keeps a Buy rating on the shares. Q1 EBITDA beat by 3% despite weaker volumes, notes the analyst, who raised estimates following the report but trimmed the firm’s target to reflect lower peer group multiples.

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