Surgery Partners, Inc. (SGRY): 14% SS Revenue Growth - Jefferies

August 10, 2016 9:28 AM EDT
Get Alerts SGRY Hot Sheet
Price: $20.35 +1.65%

Rating Summary:
    7 Buy, 3 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 14 | Down: 11 | New: 8
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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.

For an analyst ratings summary and ratings history on Surgery Partners click here. For more ratings news on Surgery Partners click here.

Shares of Surgery Partners closed at $16.43 yesterday.

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