RBC Capital raised the firm’s price target on Pennant Group (PNTG) to $41 from $39 and keeps an Outperform rating on the shares. The company’s 2026 adjusted EBITDA guidance came in below expectations, but the firm remains confident in the long-term earnings potential of AMED assets, which Pennant should be able to unlock over time, the analyst tells investors in a research note.
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Read More on PNTG:
- Pennant Group Posts Record 2025 Results, Eyes 2026 Growth
- Pennant Group reports Q4 adjusted EPS 34c, consensus 32c
- Pennant Group sees FY26 adjusted EPS $1.26-$1.36, consensus $1.31
- PNTG Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Pennant Group price target raised to $38 from $31 at Wells Fargo