Acadia Healthcare (ACHC) PT Raised to $60 at Mizuho Securities; Model Update Reflects 'Re-Acceleration in U.S. Same-Store Revenue Growth'
Mizuho Securities raised its price target on Acadia Healthcare (NASDAQ: ACHC) to $60.00 (from $57.00) while maintaining a Buy rating, following a model update.
Analyst Ann Hayes notes a positive outlook following a model update, yet maintaining 2017 and 2018 estimates for adjusted EPS of $2.46 and $2.68, respectively, while introducing 2019 estimates of $2.90, reflecting a re-acceleration U.S. in same-store revenue growth.