Morgan Keegan is maintaining its Market Perform rating and its $26 price target on VCA Antech WOOF in advance of the company's quarterly earnings, to be released next Thursday.
According to Morgan Keegan, “Our concern with VCA Antech is that we have found its same-store growth to be highly correlated to consumer confidence, which continues to be soft. We will re-evaluate our earnings projections and price target following the company's earnings release and conference call.”
WOOF closed at $20.84 yesterday.
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