RadNet short report points already known and disclosed, says Raymond James

Raymond James caught up with RadNet (RDNT) management following a short report that claims that the company is exaggerating same-store revenue growth by engineering facility closures, and makes other claims around the attractiveness of the AI business. The report that targeted RadNet “mostly hits on data points that are already known and disclosed publicly,” says the analyst, adding that the point on same-store growth and the store closures is “overblown.” Raymond James has a Strong Buy rating on RadNet shares.