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Fly News Breaks for October 17, 2018
RDNT
Oct 17, 2018 | 07:49 EDT
Jefferies analyst Brian Tanquilut continues to view RadNet as a "compelling" small cap value pick after hosting meetings with the company's CFO. RadNet is seeing secular tailwinds from expanding payor efforts to shift volumes to outpatient settings, growing hospital interest in joint ventures, and Medicare rate stability, Tanquilut tells investors in a research note. These tailwinds, along with management's moves, should drive share gains and growth acceleration, the analyst contends. He keeps a Buy rating on RadNet.