Citi Upgrades AMN Healthcare Services (AHS) to Hold
More News related to AHS
- LocumTenens.com files suit against Staff Care, AMN Healthcare
- After-Hours Movers 5/7: ARP, FITB, FSYS, MNTG, MEMS, XOMA Higher; CROX, RMTR, GNW, BAGL, ERII, JSDA Lower
- AMN Healthcare Services (AHS) Tops Q1 EPS by 1c; Comments on Outlook
- AMN Healthcare Announces First Quarter 2009 Results
- AMN Healthcare Services to Present at the Bank of America and Merrill Lynch 2009 Health Care Conference and at the Robert W. Baird 2009 Growth Stock Conference
Citi upgrades AMN Healthcare Services (NYSE: AHS) from Sell to Hold. Price target lowered from $13 to $10.
Citi analyst says, "Since April, our Sell rating on AHS has been predicated on the view that the company operates a cyclical business at peak earnings. We believe that the sequentially declining EPS guidance for 4Q serves to prove our point. We believe 2009 earnings could decelerate further. That said, our view of normalized, midcycle earnings power of 91c is unchanged. We believe investors should value the company on normalized earnings and are closing out our Sell rating by upgrading to Hold."
AMN Healthcare Services, Inc. is a healthcare staffing company that provides travel nurse and allied staffing services, locum tenens (temporary physician staffing) and physician permanent placement services.
Related Categories
UpgradesStocks Mentioned
+19.58Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
