Soleil Securities Initiates Coverage on Psychiatric Solutions (PSYS) with Hold
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Soleil Securities initiates coverage on Psychiatric Solutions (Nasdaq: PSYS) with Hold. Price target $42.
Soleil analyst says, "Recent spate of quality of care concerns at Riveredge Hospital in Chicago, its largest facility, has raised questions about the company's internal controls. We would wait for a better entry point or clarification on the issues at Riveredge before buying the stock."
Psychiatric Solutions, Inc. (Psychiatric Solutions) is a provider of inpatient behavioral healthcare services in the United States.
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