Soleil Securities Initiates Coverage on Lincare Holdings (LNCR) with a Buy
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Soleil Securities initiates coverage on Lincare Holdings Inc. (Nasdaq: LNCR) with a Buy. Price target $38.00.
Soleil analyst says, "The issue for the stock has been government reimbursement changes. With a highly-regarded management team that has consistently delivered strong internal growth, we believe LNCR will be far and away the best positioned to take advantage of the likely competitive dislocations in the home oxygen market that may arise over the next year. We expect its track record of creating significant shareholder value by consolidating "mom and pop" operations to continue over time."
Lincare Holdings Inc. (Lincare) is a provider of oxygen and other respiratory therapy services to patients in the home.
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