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Kindred target upped to $13 by Barclays: ‘Solid start; potential value to come’

May 6, 2017

Barclays raised its price target on Kindred Healthcare (NYSE: KND) to $13.00 (from $11.00) while maintaining a Overweight rating, following the company’s first quarter.

Analyst Joshua Raskin notes the company provided in-line earnings per share results, but revenue figures below the Street, as the focus remains on management reshaping this entity, with additional progress towards SNF divestitures.

http://bit.ly/2pQfhYC

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