NEW YORK (TheStreet) -- Jefferies initiated coverage on Owens & Minor (OMI) - Get Report with a "hold" rating and a $36 price target. The firm notes increasing client penetration and customized deliveries will keep U.S. growth at modest pace.

The stock closed at $35.01 on Tuesday.

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STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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