Select Medical valuation represents attractive entry point, says Susquehanna

theflyonthewall.com

Susquehanna believes Select Medical is on the cusp of implementing an aggressive growth/development program as Medicare reimbursement visibility improves. The firm sees current valuation as an attractive entry point for long-term investors citing its free cash flow yield and growth post-reimbursement visibility. Shares are Neutral rated with a $9 price target.

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