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Enter Symbol:
 
Amedisys Inc (AMED) [hlAlert]

Rating:
Outperform
AMED
down 26.00 %

Amedisys Inc (AMED) upgraded to Outperform by Wachovia

Posted on: Thursday,  Aug 14, 2008  9:25 AM ET by Wachovia

Wachovia rated Outperform Amedisys Inc (NASDAQ: AMED) on 08/14/2008, when the stock price was $52.68. Since
then, Amedisys Inc has lost 26.01% as of 01/19/2016's recent price of $38.98.
If you would have followed this Wachovia's recommendation on AMED, you would have lost 26% of your investment in 2714 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.

Wachovia offers a full range of products and services to meet the needs of corporate and institutional clients nationwide. These include capital raising, market making, and financial advisory products and services, to name just a few. We have the experience and resources you need to help your business grow and succeed. With a unified culture and integrated platform, ours is an organization that executes without distraction. We are focused and proactive, working as a team to deliver the ideas and capital for your needs.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/14/2008 9:25 AM Buy
None
52.68
as of 12/24/2008
1 Week down  -4.85 %
1 Month up  5.03 %
3 Months down  -33.10 %
1 YTD down  -30.30 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/5/2007 9:25 AM Hold
None
41.85

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