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Radnet (RDNT) Gets a Buy from Truist Financial
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Radnet (RDNT) Gets a Buy from Truist Financial

Truist Financial analyst David S Macdonald reiterated a Buy rating on Radnet (RDNTResearch Report) today and set a price target of $63.00. The company’s shares closed yesterday at $56.73.

According to TipRanks, S Macdonald is a 5-star analyst with an average return of 13.1% and a 64.58% success rate. S Macdonald covers the Healthcare sector, focusing on stocks such as Radnet, Cigna, and Option Care Health.

In addition to Truist Financial, Radnet also received a Buy from Raymond James’s John Ransom in a report issued on May 10. However, on May 9, Barclays assigned a Hold rating to Radnet (NASDAQ: RDNT).

RDNT market cap is currently $4.19B and has a P/E ratio of 174.66.

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Radnet (RDNT) Company Description:

RadNet, Inc. provides freestanding, fixed-site outpatient diagnostic imaging services in the United States. Its centers provide physicians with imaging capabilities to facilitate the diagnosis and treatment of diseases and disorders and reduce unnecessary invasive procedures. It offers magnetic resonance imaging, computed tomography, positron emission tomography, nuclear medicine, mammography, ultrasound, diagnostic radiology, fluoroscopy, and other related procedures. The company was founded by Howard G. Berger in 1981 and is headquartered in Los Angeles, CA.

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