Select Medical Holdings (SEM) Reports In-Line Q1 EPS, Offers Outlook
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UBS Raises Price Target on Select Medical Holdings (SEM) to $11; Reiterates Sell Rating
May 9, 2016 8:59 AM EDTUBS reiterated a Sell rating on Select Medical Holdings (NYSE: SEM), and raised the price target to $11.00 (from $8.00), following the company's 1Q. SEM noted that a shortage of nurses is driving higher wages, more contract labor, and even some volume pressure as the company has turned away some referrals. Management... More
