Deutsche Bank Upgrades Alliance Imagining (AIQ) to Buy
More News related to AIQ
- Alliance Imaging (AIQ) Gets Boost From Deutsche Bank Upgrade
- Alliance Imaging to Present at the Citi Global Health Care Conference
- Deutsche Bank Upgrades Alliance Imagining (AIQ) to Buy
- Alliance Imaging to Present at the Bank of America Health Care Conference
- Alliance Imaging (AIQ) Reports In-Line Q1 EPS of $0.07; Reaffirms FY08 Outlook
Deutsche Bank upgrades Alliance Imagining (NYSE: AIQ) from Hold to Buy with a $11.50 price target.
The firm said, "Our upgrade is both valuation and fundamentally driven. On valuation, AIQ shares look cheap at 5.2x forward EV/EBITDA (11% FCF yield), and we observe the shares are hovering at the lower-end of the $8-$11 range they've been in during the past year. On fundamentals, we have gained confidence in AIQ's ability to manage its MRI revenue gap, and we sense a meaningful near-term growth spurt as it further diversifies its revenue base beyond mobile MRI."
Alliance Imaging, Inc. provides shared-service and fixed-site diagnostic imaging services in the United States.
Related Categories
UpgradesStocks Mentioned
-0.18Related Entities
Sign up for StreetInsider Free!
Recieve full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
