Wells Fargo analysts start coverage of Envision Healthcare shares

Wells Fargo research analysts have initiated coverage on shares of Greenwood Village, Colo.-based Envision Healthcare Holdings, which provides physician-led outsourced medical services, according to an American Banking & Market News report.

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Wells Fargo set a “market perform” rating on the stock, according to the report. Earlier this week, Envision reported a second-quarter net loss of $1.99 million, according to NASDAQ. In the second quarter of 2013, the company reported net income of $9.6 million. However, adjusted EBITDA for the three months ended June 30 increased by 26.6 percent year-over-year to $134.2 million.

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