Pacs Group price target raised to $33 from $32 at RBC Capital

RBC Capital raised the firm’s price target on Pacs Group (PACS) to $33 from $32 and keeps an Outperform rating on the shares. The firm cites the company’s solid Q3 results and initial 2025 guidance revealing strong fundamental performance despite the internal audit overhang, the analyst tells investors in a research note. RBC adds that after a period of significant growth, it is pleased to see strong underlying metrics, especially within the company’s mature and ramping facilities.