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Why Encompass Health Shares Are Under Pressure

Why Encompass Health Shares Are Under Pressure

Encompass Health ( (EHC) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.

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Encompass Health’s stock movement has been influenced by mixed analyst ratings, with some analysts downgrading their stance to Hold. Additionally, insider selling has contributed to a negative sentiment around the stock, despite the company posting strong Q3 earnings. Interestingly, Barclays has increased its price target to $150, driven by the company’s robust financial performance in the third quarter.

More about Encompass Health

YTD Price Performance: 26.49%

Average Trading Volume: 743,198

Technical Sentiment Signal: Buy

Current Market Cap: $11.68B

For further insights into EHC stock on TipRanks’ Stock Analysis page.

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