Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Markets & Finance

Banc of America Ups Radiation Therapy Services to Neutral

Banc of America upgraded Radiation Therapy Services (RTSX) to neutral from sell, citing the stock's sharp pullback in value on Friday.

Analyst Gary Taylor says share prices now appropriately discount potential reimbursement risks to the radiation therapy service provider's business. He notes that his target remains $22 because he assumes about 40% in cuts to the company's reimbursement; he notes evidence that the Centers for Medicare & Medicaid (CMS) appear likely to cut reimbursement by a similar amount. He believes that ultimately Radiation Therapy Services's business will still be viable.

blog comments powered by Disqus