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Select Medical downgraded to Neutral from Outperform at Mizuho

Mizuho analyst Ann Hynes downgraded Select Medical (SEM) to Neutral from Outperform with a price target of $16.50, down from $17. The company is being taken private with the deal expected to close in mid-2026, pending shareholder approval, the analyst tells investors in a research note. Mizuho views the $16.50 in cash per share price as fair.

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