Credit Suisse analyst A.J. Rice raised the firm’s price target on Encompass Health to $73 from $62 and keeps an Outperform rating on the shares following quarterly results. The firm notes Encompass saw higher contract labor rates in Q4 over Q3 but incurred lower utilization.
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Read More on EHC:
- Encompass Health price target raised to $73 from $68 at UBS
- Encompass Health sees FY23 adjusted EPS $2.87-$3.16, consensus $3.25
- Encompass Health reports results for fourth quarter 2022 and issues full-year 2023 guidance
- Encompass Health reports Q4 adjusted EPS 88c, consensus 83c
- Encompass Health added to Analyst Current Favorites list at Raymond James
