RadNet, Inc. (RDNT) Tops Q1 EPS by 3c; Boosts FY14 adj.-EBITDA Outlook

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Go back to RadNet, Inc. (RDNT) Tops Q1 EPS by 3c; Boosts FY14 adj.-EBITDA Outlook

RadNet (RDNT) Price Target Raised to $7 at Deutsche Bank

May 9, 2014 1:38 PM EDT

Deutsche Bank maintained a Buy rating on RadNet (NASDAQ: RDNT) and raised its price target to $7.00 (from $5.00). Analyst Darren Lehrich made note of improved free cash flow.

"Q1 EBITDA $27.7M handily beat DBe $23.6M despite severe weather in Eastern ops. Strong California volumes (+4%), excellent... More