NEW YORK (TheStreet) -- RATINGS CHANGES
Adeptus Health(ADPT) - Get Report was initiated at overweight by Keybanc, which set a 12-month price target of $106. Adeptus has doubled the number of its facilities in each of the last two years and has targeted opening 24 new emergency rooms, Keybanc said. Despite its market-leading position, most of Adeptus' facilities are only in one state (Texas), and the company has barely penetrated the potential growth opportunity for freestanding ERs. Keybanc believes an Ebitda (earnings before interest, taxes, depreciation and amortization) compound annual growth rate of 20-30% for the next five years is achievable.
AOL (AOL) was downgraded to hold from buy by Jefferies, which set a 12-month price target of $50. The downgrade follows the Federal Trade Commission's clearance of Verizon's(VZ) - Get Report purchase of AOL.
J.B. Hunt(JBHT) - Get Report was upgraded to outperform from sector perform by RBC, which set a 12-month price target of $105, saying the trucking company should see improving results in each of its divisions.
Nvidia(NVDA) - Get Report was downgraded to neutral from buy by Nomura, which set a 12-month price target of $18. Nomura said investors should expect multiple growth headwinds for PC gaming demand in the second half of the year.