U.S. Physical Therapy acquires physical therapy practice for $1.05M U.S. Physical Therapy announced that the company has purchased a three clinic physical therapy practice as a tuck-in acquisition for one of the company’s partnerships. The acquired business sees approximately 10,500 patient visits per year with $1.23M in annual revenue. The purchase price was $1.05M.
U.S. Physical Therapy upgraded to Outperform from Market Perform at Barrington Barrington upgraded U.S. Physical Therapy to Outperform ahead of the company's Q1 results tomorrow citing the recent pullback in shares. The firm believes any weather-related softness that will be reported in Q1 is likely already priced into the stock. It has a $52 price target for the name.