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Amedisys Inc (AMED) [hlAlert]

down 48.25 %

Amedisys Inc (AMED) downgraded to Hold by Deutsche Securities

Posted on: Thursday,  Nov 20, 2008  8:25 AM ET by Deutsche Securities

Deutsche Securities rated Hold Amedisys Inc (NASDAQ: AMED) on 11/20/2008. Previously Deutsche Securities rated Buy Amedisys Inc (NASDAQ: AMED) on 07/30/2008.,
when the stock price was $66.77. Since then, Amedisys Inc has lost 48.26% as of 11/20/2008's recent price of $34.55.
If you would have followed the previous Deutsche Securities's recommendation on AMED, you would have lost 48.25% of your investment in 113 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's award-winning Research team manages a range of functions from asset allocation, through economic forecasting across a broad range of industry sectors including cement and construction, chemicals, electronics, energy, engineering, machinery, media, software, tobacco, retailing and utilities, and oil and gas.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/20/2008 8:25 AM Hold
as of 12/24/2008
1 Week down  -4.85 %
1 Month up  5.03 %
3 Months down  -50.08 %
1 YTD down  -30.30 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/30/2008 12:25 PM Buy
66.77 80.00
5/1/2008 2:25 PM Buy
52.83 60.00
10/31/2007 1:25 PM Hold
42.50 46.00
10/10/2007 9:25 AM Hold
39.50 44.00

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