Raymond James initiates QXO stock with Outperform rating on acquisition strategy
Investing.com - Jefferies initiated coverage on Rede D’Or Sao Luiz SA (BVMF:RDOR3) with a Buy rating and a price target of BRL36.70 on Wednesday.
The research firm identified Rede D’Or as the largest player in the Brazilian healthcare sector, noting its dominant market position.
Jefferies highlighted the company’s "unmatched positioning" in the healthcare industry and its significant growth potential going forward.
The firm expressed a preference for exposure to healthcare providers and suggested that Rede D’Or is "slightly undervalued" based on its analysis.
Jefferies cited the company’s strong Earnings Power Value and an implied internal rate of return (IRR) of 17.3% as factors supporting its positive outlook on the stock.
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