Information Provided By:
Fly News Breaks for November 2, 2016
ADPT
Nov 2, 2016 | 09:27 EDT
Stephens analyst Dana Hambly downgraded Adeptus Health to Equal Weight from Overweight, saying the company's Q3 results and 2016 guidance revision were much worse than expected and the capital raise is troubling given the cash burn Adeptus Health is experiencing. The analyst believes the company needs to "right itself" internally which he does not expect to happen within the next few quarters. He also lowered his price target on the shares to $19 from $63.
News For ADPT From the Last 2 Days
There are no results for your query ADPT