Analysts slash MFC’s price target: 4 notes

TD Securities lowered Medical Facilities Corp.’s price target from $25 to $23, according to The Markets Daily.

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Here are four notes:

1. On May 8, MFC shares opened at $16.81.

2. The 50-day moving average is $17.57.

3. The company has a 200-day moving average of $18.46.

4. MFC’s market cap totals $521.87 million.

More articles on surgery centers:
HCA to change its name — again; Tenet selects market CEO & more — 4 ASC company notes
2 recent ASC acquisitions — April 2017
Envision reports 9.2% increase in Q1 physician services net revenue; to divest medical

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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