4 stories mentioning ACHCUpdated 25d ago
Every FINWIRES story that references ACHC, newest first.
Acadia Healthcare's (ACHC) shares were up more than 5% in Wednesday trading after Jefferies upgraded the company's stock to buy from hold and raised its price target to $30 from $24.50.Trading volume stood at over 1.4 million shares against a daily average of roughly 3 million.Price: $25.71, Change: $+1.29, Percent Change: +5.26%
Acadia Healthcare (ACHC) has an average rating of overweight and mean price target of $28.86, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Acadia Healthcare's (ACHC) outlook has improved after management clarified concerns around bad debt following its recent earnings call, RBC Capital Markets said in a Friday note.The brokerage said in a Friday note that the sharp post-earnings selloff was an "overreaction" and that management's follow-up comments walked back earlier "broad-based" bad debt concerns. It added that the issue is instead "not broad-based across payer types or geographies, but rather isolated to a small number of geographies and specific payors."RBC also pointed to potential upside from Florida supplemental payments, which are not yet included in guidance.The brokerage said it is "incrementally more comfortable in ACHC's positioning" given management's focus on operational discipline and added resources to address denial and bad debt issues.RBC raised its price target to $31 from $28 while maintaining an outperform rating.Shares of Acadia were up nearly 2% in Monday trading.Price: $28.39, Change: $+0.54, Percent Change: +1.94%
Acadia Healthcare Company (ACHC) has an average rating of overweight and mean price target of $28.25, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
