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Enter Symbol:
 
Amedisys Inc (AMED) [hlAlert]

Rating:
Outperform
AMED
up 1.80 %

Amedisys Inc (AMED) rated Outperform by Wells Fargo

Posted on: Tuesday,  Sep 1, 2015  10:25 AM ET by Wells Fargo

Wells Fargo rated Outperform Amedisys Inc (NASDAQ: AMED) on 09/01/2015, when the stock price was $38.29. Since
then, Amedisys Inc has gained 1.80% as of 01/19/2016's recent price of $38.98.
If you would have followed this Wells Fargo's recommendation on AMED, you would have gained 1.8% of your investment in 140 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.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/1/2015 10:25 AM Buy
None
38.29
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

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