Ensign Group price target raised to $167 from $163 at Stephens

Stephens raised the firm’s price target on Ensign Group (ENSG) to $167 from $163 and keeps an Overweight rating on the shares. Although granular details on the current M&A pipeline remain internalized, Ensign alluded to its intent to enter new markets and expand the geographical footprint within relatively immature states, says the analyst, who fine-tuned estimates following the company’s Q3 report.