Jefferies Downgrades Amedisys (AMED) to Hold

July 19, 2011 8:24 AM EDT
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Price: $100.99 --0%

Rating Summary:
    6 Buy, 15 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 7 | Down: 20 | New: 25
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Jefferies downgraded Amedisys (NASDAQ: AMED) from Buy to Hold and lowers their price target from $45 to $29.

The firm cited, "... our belief that ongoing reimbursement risk will provide a continued overhang on the sector that will keep investors on the sidelines until reimbursement visibility improves."

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

Shares of Amedisys closed at $26.42 yesterday.


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