Sell: Acadia Healthcare Company, Inc. (ACHC)
From Upside
Updated from Wall Street’s Best Investments 807, July 18, 2018
We are downgrading Acadia Healthcare ($31; ACHC) to Sell. We had hoped the stock would rebound on takeover speculation following weak September-quarter results. But Acadia’s Quadrix scores have tumbled, and a near-term takeover now appears in doubt.
Richard J. Moroney, CFA, Upside, www.upsidestocks.com, 800-233-5922, November 16, 2018