Tuesday, December 7, 2010

Hanger Orthopedic (NYSE:HGR) PT Raised by Kaufman

With the idea of seeing how Hanger Orthopedic (NYSE:HGR) and its ACP can add to the overall company, they're going to run the two separately in order to measure their contribution to the overall whole.

Initially it'll last from a range of 6 months to up to a year.

Kaufman likes the idea, and raised their price target on Hanger Orthopedic.

Those running ACP believe they can reach as many as 50 buildings a month in 2011.

Hanger closed Monday at an even $20, up by $0.50, or 2.56 percent. Kaufman raised their price target on them from $22 to $25.

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