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SFBC still hold, Jefferies says
SFBC International Inc. was maintained by Jefferies & Co. Inc. analyst David Windley at a hold rating after a meeting with management and tour of the facilities allowed for more perspective. Valuation remains low and a comment about "pursuing strategic alternatives" should raise some antennae, but Jefferies said it believes it's still too early to assume business losses are contained. Shares of the Miami drug development services company were up 95 cents, or 6.01%, at $16.77 on volume of 2,103,404 shares versus the three-month running average of 2,020,220 shares.
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