CCRN Similar Chart Price Prediction
The price of CCRN is predicted to go up 5.55%, based on the high correlation periods with AGYS. The similarity of these two price pattern on the periods is 98.21%.
CCRN
AGYS
Up: 5.55%Similarity: 98.21%
CCRN Revenue Forecast
CCRN EPS Forecast
CCRN FAQs
What is bull’s view on CCRN?
What is bear's view on CCRN?
What is CCRN revenue forecast for next quarter？
What is CCRN eps forecast for next quarter？
CCRN Analyst's Forecast
Tobey Sommer
Truist Securities
Hold
Price Target
$17 → $15
Upside
+24.79%
Truist lowered the firm's price target on Cross Country Healthcare to $15 from $17 and keeps a Hold rating on the shares as part of a broader research note on Healthcare Staffing names. Conversations with private staffing firms indicate that while Travel Nursing demand is showing signs of a bottom, nothing definitive yet signals that the trough has been reached, the analyst tells investors in a research note. Truist further cites industry sources state that the industry remains oversupplied with recruiter capacity, which has continued to put downwards pressure on gross margins, while hospitals remain focused on reducing temp labor expense, which is pushing orders at bill rates insufficient to draw supply off the sidelines.