Analysts updated price targets on Comstock Resources (NASDAQ: CMRE), eBay, Inc. (NASDAQ: EBAY), Enterprise Products Partners (NYSE: EPD), Electro Scientific Industries, Inc. (NASDAQ: ESIO) and Examworks Group, Inc. (NASDAQ: EXAM).
Dahlman Rose raised their price target on Comstock Resources (CMRE) from $20.00 to $24.00. They have a “buy” rating on the company.
UBS AG (NYSE:UBS) raised their price target on eBay, Inc. (EBAY) from $2.30 to $42.00. They have a “buy” rating on the company.
RBC Capital raised their price target on Enterprise Products Partners (EPD) from $48.00 to $50.00. They have an “outperform” rating on the company.
Needham & Company raised their price target on Electro Scientific Industries, Inc. (ESIO) from $19.00 to $25.00. They have a “buy” rating on the company.
Needham & Company raised their price target on Examworks Group, Inc. (EXAM) from $27.00 to $30.00. They have a “buy” rating on the company.
Showing posts with label ExamWorks. Show all posts
Showing posts with label ExamWorks. Show all posts
Thursday, May 19, 2011
Wednesday, January 19, 2011
ExamWorks Group (NYSE:EXAM) Becomes Giant with Latest Acquisition
With the acquisition of MES Group, Inc., ExamWorks Group (NYSE:EXAM) has put themselves in an enviable position, having the strongest revenue position by far than their closed competitor.
Needham says, "After the close last Tuesday (1/11/11), EXAM announced a major acquisition, agreeing to buy its closest U.S. competitor for $210M...The deal takes out EXAM’s biggest competitor and creates a company that should have nearly $400 M in run rate revenue by year end, assuming no further acquisitions. Although the company will still have less than 8% market share, it will be more than 10x the size of the new number two competitor by revenue. At this point it is hard to imagine anyone assembling a platform in the U.S. that could challenge EXAM...There are multiple synergies."
Needham & Company reiterates a "Buy" rating on ExamWorks Group (EXAM), which closed Tuesday at $21.65, losing $0.35, or 1.59 percent. Needham raised their price target on ExamWorks from $25 to $27.
Needham says, "After the close last Tuesday (1/11/11), EXAM announced a major acquisition, agreeing to buy its closest U.S. competitor for $210M...The deal takes out EXAM’s biggest competitor and creates a company that should have nearly $400 M in run rate revenue by year end, assuming no further acquisitions. Although the company will still have less than 8% market share, it will be more than 10x the size of the new number two competitor by revenue. At this point it is hard to imagine anyone assembling a platform in the U.S. that could challenge EXAM...There are multiple synergies."
Needham & Company reiterates a "Buy" rating on ExamWorks Group (EXAM), which closed Tuesday at $21.65, losing $0.35, or 1.59 percent. Needham raised their price target on ExamWorks from $25 to $27.
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