Stephens initiates Concentra stock with overweight on health model
Stephens initiated coverage on Concentra Group (NYSE:CON) with an overweight rating and a $45 price target, citing its health model and growth prospects. The stock is near its 52-week high after a 95% YTD surge. Concentra reported Q2 revenue of $606M and raised its full-year outlook. S&P upgraded its rating to BB, and Jefferies initiated coverage with a Buy rating and $47 target.