tiprankstipranks

Option Care Health upgraded to Buy from Neutral at UBS

UBS upgraded Option Care Health (OPCH) to Buy from Neutral with a price target of $40, up from $38. The company’s Q1 results evidenced strong earnings momentum, despite a $5M impact from Stelara, which was more muted than anticipated given inventory management actions taken by Option, the analyst tells investors in a research note. The firm sees an attractive entry point at current share levels and continues to believe the company will see benefits from a secular shift in site of care from institutional to the home.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

1