Jefferies Downgrades Gentiva Health Services (GTIV) to Hold

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Jefferies downgraded Gentiva Health Services (NASDAQ: GTIV) from Buy to Hold and lowers their price target from $34 to $21.

The firm cited, "... our belief that ongoing reimbursement risk will provide a continued overhang on the sector that will keep investors on the sidelines until reimbursement visibility improves."

For more ratings news on Gentiva Health Services click here and for the rating history of Gentiva Health Services click here.

Shares of Gentiva Health Services closed at $18.46 yesterday, with a 52 week range of $18.16-$29.21.

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