Morgan Keegan Raises PT on RDNT to $4.30

Morgan Keegan has released a report, in which the Price Target of RadNet, Inc. RDNT was raised from $3.40 to $4.30.

Morgan Keegan reports, “We are raising our 2011 adjusted EBITDA estimate for RadNet from $114 million to $118 million and our 2012 estimate from $125 million to $126 million. Accordingly, we are raising our price target from $3.40 to $4.30.”

RadNet, Inc. is currently trading at $3.49. RadNet, Inc. has an Outperform Rating.