UBS analyst AJ Rice raised the firm’s price target on Ensign Group (ENSG) to $205 from $195 and keeps a Buy rating on the shares. During investor meetings, the company highlighted the positive operating momentum within the skilled nursing facility industry which continues to recover post-pandemic, the analyst tells investors in a research note. After a challenging period in the pandemic, key policymakers have turned more favorable in their views of the nursing home space, UBS says.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ENSG:
