Enhabit, Inc. (NYSE: EHAB) Downgraded by UBS Amid Acquisition by Kinderhook Industries

UBS downgraded Enhabit, Inc. (NYSE: EHAB) to Neutral from Hold as the company enters a definitive acquisition agreement with Kinderhook Industries.Enhabit stockholders to receive $13.80 per share in cash, reflecting a premium over the current stock price of $13.60.The stock has seen a significant increase of 22.63%, with a year-high price of $13.64, amidst investor optimism regarding the acquisition.Enhabit, Inc. (NYSE: EHAB) is a leading provider of home health and hospice services in the United States. Th ...