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Bart Myers

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Bart Myers

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Monday, 05/16/2011 10:22:25 AM

Monday, May 16, 2011 10:22:25 AM

Post# of 46
Morgan Keegan is out with its report today on RadNet (NASDAQ: RDNT), raising its PT from $4.30 to $5.15.

In a note to clients, Morgan Keegan writes, "We are modestly lowering our 2011 adjusted EBITDA estimate for RadNet from $118 million to $115 million and our 2012 estimate from $126 million to $124 million. However, we are raising our price target from $4.30 to $5.15 based on a multiple of 6.5x EV/EBITDAR."

Morgan Keegan maintains Outperform on RDNT.


Source: http://www.benzinga.com/analyst-ratings/analyst-color/11/05/1086215/update-morgan-keegan-raises-pt-on-radnet-to-5-15-rdnt#ixzz1MWchatXI
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