Dougherty & Co Upgrades IPC The Hospitalist Company (IPCM) to Buy

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February 22, 2012 1:05 PM EST
Get Alerts IPCM Hot Sheet
Price: $80.17 --0%

Rating Summary:
    0 Buy, 11 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Dougherty & Co.'s Brooks O'Neil and Deepak Chaulagai upgraded shares of IPC The Hospitalist Company (NASDAQ: IPCM) from Neutral to Buy following Tuesday afternoon's Q4 results and FY12 guidance. The firm's price target was raised from $41 to $45.

The analysts said, "In our mind, the key point is it looks like the worst is behind IPCM."

With IPC shares up 7 percent to $37.45 at last check, Dougherty's new price target represents potential upside of about 20 percent.

For an analyst ratings summary and ratings history on IPC The Hospitalist Company click here. For more ratings news on IPC The Hospitalist Company click here.

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