Ensign Group price target raised to $170 from $165 at Stephens

Stephens raised the firm’s price target on Ensign Group (ENSG) to $170 from $165 and keeps an Overweight rating on the shares. Despite Ensign contending with uncertainty surrounding the long-term Medicaid reimbursement backdrop for Skilled Nursing Facilities, fundamentals “have not wavered,” says the analyst, who raises estimates following the company’s Q2 report.