Soleil Securities Initiates Coverage on Sun Healthcare Group (SUNH) with a Hold
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Soleil Securities initiates coverage on Sun Healthcare Group (Nasdaq: SUNH) with a Hold. Price target $11.50.
Soleil analyst says, "Leading provider of long-term care services. While SUNH has posted some of the fastest growth in the skilled nursing sector specifically and the post-acute care industry generally in recent quarters, we are taking a cautious stance until the proposed Medicare reimbursement changes announced."
Sun Healthcare Group, Inc. provides nursing, rehabilitative and related specialty healthcare services principally to the senior population in the United States.
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