Jefferies Downgrades Option Care Health (OPCH) to Hold

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Option Care Health (OPCH) PT Lowered to $34 at Truist Securities

October 31, 2024 6:10 AM EDT

Truist Securities analyst David MacDonald lowered the price target on Option Care Health (NASDAQ: OPCH) to $34.00 (from $41.00) while maintaining a Buy rating.

The analyst comments "We reiterate our Buy on OPCH post 3Q where solid results/'24 guide were overshadowed by cautious commentary surrounding... More

Option Care Health (OPCH) PT Lowered to $30 at Deutsche Bank

October 31, 2024 5:57 AM EDT

Deutsche Bank analyst Pito Chickering lowered the price target on Option Care Health (NASDAQ: OPCH) to $30.00 (from $36.00) while maintaining a Buy rating.

The analyst comments "OPCH reported 3Q revenue 5% ahead of consensus with gross profit and EBITDA in line with estimates as gross margin and EBITDA margin came in 100 and 40 bps light respectively. Going into the call we believe investors were assessing the more or less in-line 3Q results alongside implied 4Q results for revenue 2.4% ahead of Street with EBITDA 4% below, and how much of that could be from transitory factors like the... More