Jefferies Maintains a 'Hold' on DaVita (DVA); Good Q1 Bundled with Capital Markets Day Should Provide Nice Boost to Shares

Jefferies maintains a 'Hold' on DaVita (NYSE: DVA), PT increased from $95 to $101.

Jefferies analyst says, "Strong Q1 results suggest that DVA is adjusting quite well to the new Medicare bundled payment system. In addition, prospects for accretion stemming from the company's planned acquisition of DSI should provide a near-term positive bias in the stock. We expect all of this to be discussed actively today at DVA's Capital Markets Day in Boston."

For more ratings news on DaVita click here and for the rating history of DaVita click here.

Shares of DaVita closed at $89.17 yesterday.

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