MOST people shopping for cars like to stick close to home. The average distance an American travels to buy a new car or truck is about 22 miles, according to CNW Marketing Research, an automotive research company in Bandon, Ore. Then there are those who like to shop a time zone or two away.
In recent trading, shares of DaVita Inc (Symbol: DVA) have crossed above the average analyst 12-month target price of $66.83, changing hands for $66.93/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.
Company Overview. DaVita Inc provides dialysis services for patients affected from chronic kidney failure known to be End Stage Renal Disease in the United States. The DaVita Company provides dialysis and administrative services through its network of 1,809 outpatient dialysis centers located in 43 states and in the District of Columbia, and serving more than 142,000 patients. The DaVita Company provides acute inpatient dialysis services through its 900 hospitals and allied laboratory service providers.