Truist raised the firm’s price target on AMN Healthcare to $110 from $105 and keeps a Buy rating on the shares. The company’s softer than expected Q3 revenue guidance was not surprising after the outlook from its peers, the analyst tells investors in a research note. AMN management has also noted strong winter orders and the current demand pipeline indicating that Nurse & Allied revenues could grow sequentially in Q4, the firm adds.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on AMN:
- AMN Healthcare price target lowered to $105 from $115 at Credit Suisse
- AMN Healthcare downgraded to Neutral from Buy at BofA
- AMN Healthcare sees Q3 revenue $840M-$860M, consensus $921.63M
- AMN Healthcare reports Q2 adjusted EPS $2.38, consensus $2.14
- AMN Healthcare Announces Second Quarter 2023 Results