Truist analyst David MacDonald lowered the firm’s price target on Pacs Group (PACS) to $40 from $48 and keeps a Buy rating on the shares. Pacs Group is well-positioned into 2026 following the November conclusion of the Audit Committee investigation with committee recommendations having been or being implemented, the analyst tells investors in a research note.
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Read More on PACS:
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- Pacs Group resumed with a Buy at UBS
- Pacs Group reinstated with an Overweight at JPMorgan
- Buy Recommendation for PACS Group Inc.: Strategic Expansion in Skilled Nursing Facilities with Strong Growth Potential
- Pacs Group price target raised to $40 from $32 at Truist
