Jefferies Upgrades VCA Antech (WOOF) to Hold
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Price: $2.56 +0.39%
Rating Summary:
9 Buy, 16 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 14 | Down: 11 | New: 17
Rating Summary:
9 Buy, 16 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 14 | Down: 11 | New: 17
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Jefferies upgraded VCA Antech (NASDAQ: WOOF) from Underperform to Hold with a price target of $19 (up form $17.50).
The firm comments, "We are upgrading WOOF to Hold (from Underperform) on the belief that the stock's valuation adequately discounts near-term macroeconomic risk. We believe the stock could rise to the $19 level (6.7x FY12 EBITDA)as investors position in front of WOOF's Q3 earnings release."
For more ratings news on VCA Antech click here and for the rating history of VCA Antech click here.
Shares of VCA Antech closed at $16.88 yesterday.
The firm comments, "We are upgrading WOOF to Hold (from Underperform) on the belief that the stock's valuation adequately discounts near-term macroeconomic risk. We believe the stock could rise to the $19 level (6.7x FY12 EBITDA)as investors position in front of WOOF's Q3 earnings release."
For more ratings news on VCA Antech click here and for the rating history of VCA Antech click here.
Shares of VCA Antech closed at $16.88 yesterday.
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