Citi Maintains Neutral on Lincare Holdings

Citi is out with its report today on Lincare Holdings LNCR, maintaining Neutral. In its report, Citi writes, "We rate LNCR Neutral due to a recurring history of government reimbursement reductions. We continue to believe that LNCR could be a long-term winner from the consolidation of the industry that is underway." At the time of posting, shares of LNCR were trading at $22.20, up 2.26% from Monday's close.