PACS Group (PACS) Reports Prelim Q3 Results

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JPMorgan Resumes PACS Group (PACS) at Overweight

November 6, 2024 6:20 AM EST

JPMorgan analyst Lisa Gill resumes coverage on PACS Group (NYSE: PACS) with a Overweight rating and a price target of $40.00.

The analyst comments "ollowing a period of restriction, we are moving to an OW rating for PACS Group and a December 2025 price target of $40 from a Not Rated designation. Consistent with our previous outlook (see our initiation from earlier this year here), we consider PACS as having an attractive business model focused on acquiring... More