Press Ganey Holdings Inc (PGND) is Downgraded by Wells Fargo to Market Perform

Press Ganey Holdings Inc (PGND) was Downgraded by Wells Fargo to ” Market Perform”. Earlier the firm had a rating of “Outperform ” on the company shares. Wells Fargo advised their investors in a research report released on Aug 10, 2016.

Many Wall Street Analysts have commented on Press Ganey Holdings Inc. Shares were Downgraded by Robert W. Baird on Aug 9, 2016 to ” Neutral” and Lowered the Price Target to $ 41 from a previous price target of $45 .Press Ganey Holdings Inc was Downgraded by Goldman to ” Neutral” on Jun 20, 2016. KeyBanc Capital Mkts Initiated Press Ganey Holdings Inc on May 17, 2016 to “Overweight”, Price Target of the shares are set at $38.

Press Ganey Holdings Inc opened for trading at $39.98 and hit $40.35 on the upside on Monday, eventually ending the session at $40.33, with a gain of 0.72% or 0.29 points. The heightened volatility saw the trading volume jump to 1,73,528 shares. Company has a market cap of $2,139 M.

In a different news, on Aug 9, 2016, Joseph P Greskoviak (President and COO) sold 85,730 shares at $41.12 per share price. According to the SEC, on Jun 17, 2016, Patricia L. Riskind (Chief ClientExperience Officer) sold 58,063 shares at $37.22 per share price. On May 26, 2016, Patricia Cmielewski (Chief Marketing Officer & COS) sold 8,308 shares at $34.02 per share price, according to the Form-4 filing with the securities and exchange commission.

Press Ganey Holdings Inc. (Press Ganey) formerly PGA Holdings Inc. is a provider of performance measurement and analysis services to the United States healthcare industry. The Company’s solutions enable healthcare providers to identify opportunities to reduce patient suffering. The Company’s solutions include patient experience solutions which include Patient experience insights and Physician nurse and employee alignment and engagement; clinical and quality solutions which include nursing quality indicators patient reported outcome measures and core measures and consulting services. The Company offers services to hospitals medical practices and other healthcare providers. The Company served over 22000 healthcare facilities in the United States.

Press Ganey Holdings Inc

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