Citi Reiterates Buy on Lincare Holdings, Reduces PT to $35

Citi reiterated its Buy rating on Lincare Holdings LNCR. At the same time, the rating agency reduced its price target on the company's stock from $41 to $35. On Monday, LNCR closed the day at $28.49. Its shares had a difficult session in today's pre-market trading, losing 6.11% of their value to trade around $26.75.