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Raymond James Ups Amsurg to Outperform


Raymond James upgraded Amsurg (AMSG) to outperform from market perform, citing factors such as the surgery center operator's stock valuation.

Analyst John Ransom set a $26 stock price target, which was 18 times his new $1.44 2007 earnings per share (EPS) estimate and 21 times his new $1.23 2006 EPS estimate. Both estimates include a 14 cents per share hit from equity-based compensation.


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