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SFBC upgraded to buy by Jefferies
SFBC International Inc. was upgraded by Jefferies & Co. analyst David Windley to a buy rating from hold with a $25 price target based on conversations with new management, competitors and some regulators. Jefferies is confident that risk issues are being addressed and that operational turbulence is waning. Shares of the Miami, Fla., pharmaceutical company were up $1.08, or 5.96%, at $19.20 on volume of 2,787,047 shares versus the three-month running average of 2,444,130 shares. (Nasdaq: SFCC)
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