Citi analyst Mathieu Chevrier upgraded Sonic Healthcare to Buy from Neutral with a price target of A$36, up from A$34.50. The analyst believes the company’s earnings risk is to the upside on its "under geared" balance sheet and potential new contract in the U.K.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly