Surgery Partners, Inc. (SGRY): 14% SS Revenue Growth - Jefferies
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Jefferies analyst, Brian Tanqllut, reiterated his Buy rating on shares of Surgery Partners (NASDAQ: SGRY) after the company reported a strong Q2, headlined by a 14.4% increase in SS revenue. This bolsters his growth-driven bullish thesis on the stock.
As SGRY continues to execute on its strategy of driving growth through a combination of physician practice and ASC acquisitions and the expansion of service offerings, including emerging opportunities in orthopedics, the analyst expects the company to continue delivering very healthy top line and cash flow growth that would drive continued share upside.
No change to the price target of $27.00.
Shares of Surgery Partners closed at $16.43 yesterday.
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