Morgan Stanley initiated coverage of Healthsouth Corp. (NYSE:HLS) with an equal-weight rating.
The bank sees 2010 EPS of $1.48 and 2011 EPS of $1.61.
HEALTHSOUTH Corporation provides inpatient rehabilitative healthcare services. The Company operates inpatient rehabilitation hospitals, long-term acute care hospitals, outpatient and rehabilitation satellites, and home health agencies. HEALTHSOUTH provides treatment on both an inpatient and outpatient basis.
HealthSouth has a potential upside of 14% based on a current price of $20.89 and an average consensus analyst price target of $23.81.
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...