RadNet price target raised to $7 from $5 at Deutsche Bank Deutsche Bank raised RadNet's price target to $7 based on management's commitment to de-leverage and free-cash-flow growth. Shares are Buy rated.
News For RDNT From The Last 14 Days
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RadNet reports continue to execute on additional $10M of annualized cost savings The company expects to begin benefitting from these additional cost savings in the third and fourth quarters of 2014. The company adds, "We continue to experience strong volumes, which has been partially driven by participation of previously uninsured or underinsured individuals who are now enrollees of state run or privately managed healthcare exchanges, particularly those in California. We expect the current level of utilization of imaging services will continue for the remainder of 2014."