Truist raised the firm’s price target on Cross Country Healthcare (CCRN) to $18.61 from $15 and keeps a Hold rating on the shares. The company has agreed to be acquired by Aya Healthcare for $18.61 in cash, and the firm expects shareholders will approve the transaction, the analyst tells investors in a research note. This is also an encouraging signal that Aya – the largest Healthcare Staffing company in the country – is seemingly confident that enough demand declines are leveling off to make a sizeable acquisition, Truist added.
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