Cantor Fitzgerald Starts Vanguard Health Systems (VHS) at Buy; Expecting Better Results Over Next Two Yrs

March 8, 2012 4:59 PM EST
Get Alerts VHS Hot Sheet
Price: $21.01 --0%

Rating Summary:
    2 Buy, 10 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 10 | Down: 18 | New: 20
Join SI Premium – FREE
Cantor Fitzgerald initiates coverage on Vanguard Health Systems (NYSE: VHS) with a Buy. PT $12.00.

Analyst, Joseph D. France, said, "Despite the difficult hospital environment and the near-term challenges of ramping up Detroit Medical Center (DMC), we expect Vanguard to report steadily better results over the next two years and believe that patient investors will be rewarded. Although Vanguard only completed its public offering last June, the company is 15 years old and its management is well known and highly regarded. As the market recovers and the company upgrades DMC, we believe that Vanguard could be among the fastest-growing public hospital companies."

For an analyst ratings summary and ratings history on Vanguard Health Systems click here. For more ratings news on Vanguard Health Systems click here.

Shares of Vanguard Health Systems closed at $10.15 yesterday.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

New Coverage

Related Entities

Cantor Fitzgerald, Vanguard