Truist raised the firm’s price target on Enhabit (EHAB) to $13.80 from $10.50 and keeps a Hold rating on the shares. This morning, Enhabit announced the company has entered into a definitive agreement to be acquired by Kinderhook Industries in an all-cash transaction representing a total enterprise value of about $1.1B.
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Read More on EHAB:
- Enhabit downgraded to Perform from Outperform at Oppenheimer
- Enhabit to be acquired by Kinderhook Industries for $13.80 per share in cash
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