Stock Track | AMN Healthcare Plummets 5.22% on Analyst Downgrade and Price Target Cut

Stock Track

02-24

AMN Healthcare Services Inc (AMN) stock plummeted 5.22% in the pre-market trading session on Monday, following an analyst downgrade and a price target cut.

Citizens JMP, a research firm, lowered its price target on AMN Healthcare to $33 from $34 while maintaining an Outperform rating. The analyst cited AMN's weaker-than-expected fourth-quarter revenue performance as the reason for the price target revision.

While there was another positive report on the healthcare sector from analysts at JMP, it did not directly mention AMN Healthcare and likely had little impact on the stock's movement.

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