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MD — Pediatrix Medical News Story

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Pediatrix Medical slips; Jefferies downgrades rating

BUZZ-Pediatrix Medical slips; Jefferies downgrades rating

** U.S. physician services provider Pediatrix Medical Group MD.N shares fall 2.3% to $25.96 premarket

** Jefferies cuts rating to "hold" from "buy," says "risk-reward is now more neutral"
** Brokerage contends "eAPTC headwind" to limit near-term earnings growth
** MD reported rise in Q2 revenue earlier this month

** Six out of seven brokerages rate stock "hold"; their median PT is $28 - LSEG data

** Up to last close, the stock is up 24.2% YTD


(Reporting by Sudeshna Ghoshal in Bengaluru)

((Sudeshna.Ghoshal@thomsonreuters.com;))

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