(Reuters) - "The reality is, sometimes the fear of death is worse than death itself. Having this news now out there in the public domain has lifted a very big weight off investors' shoulders," said analyst Mark Richter of Jefferies & Co. Richter upgraded the stock to "buy" from "hold" after the Medicare ruling.
The U.S. Centers for Medicare and Medicaid Services on Monday said it would establish a competitive bidding program in 10 major metropolitan markets for durable medical equipment, prosthetics, orthotics and other medical supplies it provides to its beneficiaries in a bid to lower costs.
Read more at Reuters.com Government Filings News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment