12.4 C
New York
Thursday, April 25, 2024
HomeMarkets
Markets

UPDATE: Morgan Stanley Reiterates On Varian Medical Systems, Inc. As Reimbursement Change Is Coming for 2015

By Insider Scoop
0
15
psw-placeholder
psw-placeholder

Courtesy of Benzinga.

Related VAR
Earnings Scheduled For July 23, 2014
Benzinga's Top Initiations

In a report published Monday, Morgan Stanley analyst Steve Beuchaw reiterated an Underweight rating on Varian Medical Systems, Inc. (NYSE: VAR), but removed the $76.00 price target.

In the report, Morgan Stanley noted, “ASTRO’s reimbursement update confirmed that a new radiation oncology rate structure will bundle codes and stratify rates by case complexity. We continue to see downside to payment levels and pressure ahead for the US market.”

Varian Medical Systems closed on Friday at $85.33.

Latest Ratings for VAR

Date Firm Action From To
Jul 2014 JP Morgan Maintains Overweight
Jul 2014 Jefferies Maintains Buy
Jun 2014 ISI Group Initiates Coverage on Neutral

View More Analyst Ratings for VAR
View the Latest Analyst Ratings

Posted-In: Morgan Stanley Steve BeuchawAnalyst Color Price Target Analyst Ratings

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

157,322FansLike
396,312FollowersFollow
2,290SubscribersSubscribe

Latest Articles

Load more

Note: The material presented in this commentary is provided for informational purposes only and is based upon information that is considered to be reliable. However, neither PSW Investments, LLC d/b/a PhilStockWorld (PSW) nor its affiliates warrant its completeness, accuracy or adequacy and it should not be relied upon as such. Neither PSW nor its affiliates are responsible for any errors or omissions or for results obtained from the use of this information. Past performance, including the tracking of virtual trades and portfolios for educational purposes, is not necessarily indicative of future results. Neither Phil, Optrader, or anyone related to PSW is a registered financial adviser and they may hold positions in the stocks mentioned, which may change at any time without notice. Do not buy or sell based on anything that is written here, the risk of loss in trading is great.

This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument. Securities or other financial instruments mentioned in this material are not suitable for all investors. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only intended at the moment of their issue as conditions quickly change. The information contained herein does not constitute advice on the tax consequences of making any particular investment decision. This material does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation to you of any particular securities, financial instruments or strategies. Before investing, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

Contact us: support@philstockworld.com

© Copyright - PSW, LLC.

2024
0
Would love your thoughts, please comment.x
()
x