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Ensign Group price target raised to $165 from $155 at Truist

Truist analyst David MacDonald raised the firm’s price target on Ensign Group (ENSG) to $165 from $155 and keeps a Hold rating on the shares. The company reported another quarter of upbeat results featuring top and bottom-line beats and raised its FY25 guidance, the analyst tells investors in a research note. Ensign’s occupancy and skill mix trends continue to show strength while labor improvement is ongoing and new facilities continue to outperform, the firm added.

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