J.P. Morgan Suspends Rating and Price Target On Skilled Healthcare Group

According to J.P. Morgan, Skilled Healthcare Group ASKHA rating and price target are suspended. J.P. Morgan reported that due to its involvement in the transaction announced on April 11, 2011, it is suspending its rating and price target for Skilled Healthcare Group (SKH). “Our prior rating and price target should no longer be relied upon.” Skilled Healthcare Group closed yesterday at $14.02.