KeyBanc Starts Envision Healthcare (EVHC) at Buy

December 17, 2013 4:29 PM EST
Get Alerts EVHC Hot Sheet
Price: $68.54 --0%

Rating Summary:
    18 Buy, 2 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 9 | Down: 12 | New: 43
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KeyBanc initiated coverage on Envision Healthcare (NYSE: EVHC) with a Buy rating and price target of $40.00.

Analyst Jason Gurda said, "We believe EVHC's premium valuation is deserved and that longer-term investors will benefit from: 1) the recent acceleration in new bundled contract wins at EmCare; 2) potential upside at the Company’s AMR ambulance division, which should benefit from the recent financial woes of two leading competitors and its exposure to states expanding Medicaid coverage in 2014."

For an analyst ratings summary and ratings history on Envision Healthcare click here. For more ratings news on Envision Healthcare click here.

Shares of Envision Healthcare closed at $33.31 yesterday.

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