Deutsche Bank Maintains RadNet Buy, $7 PT (RDNT)

Deutsche Bank maintained its RadNet RDNT Buy rating and $7 price target in a research report published today.

In the report, Deutsche Bank states, "Q4 demonstrated further stability in the operating environment. Overall, we believe that many of the strategic initiatives under-taken during 2010 set-up the company to capitalize on better volumes and a more diverse business mix. While Q1 seasonality (weather and deductible burn-off) may break RDNT's sequential gains, we see upside to RDNT's 2011 EBITDA guidance if demand recovers and the if company's opportunistic M&A strategy continues to play out."

Shares of RadNet closed Tuesday at $3.58, reflecting no change from Monday's market close.