InvestorsHub Logo
Post# of 316836
Next 10
Followers 97
Posts 92809
Boards Moderated 4
Alias Born 10/29/2007

Re: Churak post# 252716

Friday, 06/28/2013 8:13:25 AM

Friday, June 28, 2013 8:13:25 AM

Post# of 316836
Home health providers are in for a rough session after Baird downgrades the entire sector to sell and slashes price targets. Noting the stocks have moved up in anticipation of the best outcome for the Medicare update, Baird says the actual result - including the rebase - couldn't have been worse. "Importantly, CMS's methodology ties its hands and leaves very little hope for a large reprieve in the final rule." AMED -12.8%, GTIV -11.7%, AFAM -9.5%, LHCG -5.9% premarket.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.