Mizuho Securities Downgrades AAC Holdings (AAC) to Underperform Following Trump Win

November 9, 2016 7:45 AM EST
Get Alerts AAC Hot Sheet
Price: $8.57 +1.78%

Rating Summary:
    2 Buy, 0 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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Mizuho Securities downgraded AAC Holdings (NYSE: AAC) from Neutral to Underperform with a price target of $6.00 following Trump victory.

Analyst Ann Hynes commented, "We are downgrading AAC to Underperform. The ACA included significant expansion of addiction benefits. Given AAC's other issues (e.g. balance sheet worries and lab reimbursement), we think the stock will underperform. Our new price target is $6."

For an analyst ratings summary and ratings history on AAC Holdings click here. For more ratings news on AAC Holdings click here.

Shares of AAC Holdings closed at $7.00 yesterday.

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