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Amedisys Inc (AMED) [hlAlert]

Rating:
Sell AMED
down 60.99 %

Amedisys Inc (AMED) downgraded to Sell with price target $8 by Deutsche Bank

Posted on: Wednesday,  Nov 13, 2013  1:25 PM ET by Deutsche Bank

Deutsche Bank rated Sell Amedisys Inc (NASDAQ: AMED) on 11/13/2013. Previously Deutsche Bank rated Buy Amedisys Inc (NASDAQ: AMED) on 12/21/2010.,
when the stock price was $32.71. Since then, Amedisys Inc has lost 60.99% as of 11/13/2013's recent price of $12.76.
If you would have followed the previous Deutsche Bank's recommendation on AMED, you would have lost 60.99% of your investment in 1058 days.

Amedisys, Inc. (Amedisys) is a provider of home health services to the chronic, co-morbid, aging American population. The services that the Company provides include both home health and hospice services with approximately 87% of its revenue derived from Medicare. As of December 31, 2008, Amedisys owned and operated 480 Medicare-certified home health agencies, 48 Medicare-certified hospice agencies and managed the operations of four Medicare-certified home health and two Medicare-certified hospice agencies in 37 states within the United States, the District of Columbia and Puerto Rico. Its home health patient is Medicare eligible, approximately years old and takes approximately 12 different medications on a daily basis and has multiple co-morbidities. For the Company?s home health patients, it receives a 60-day, episodic-based payment from Medicare. On March 26, 2008, the Company completed the acquisition of TLC Health Care Services, Inc.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/13/2013 1:25 PM Sell
None
12.76 8.00
as of 12/13/2013
1 Week up  3.16 %
1 Month down  -19.17 %
3 Months down  -43.48 %
1 YTD down  -4.81 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/21/2010 12:25 PM Buy
None
32.71 39.00
10/27/2010 2:25 PM Hold
None
25.34 31.00

(*) Stock Price at the time of the recommendation.
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