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SFBC at buy from Jefferies
SFBC International Inc. was reinstated at buy with a $27 target by Jefferies & Co., Inc. analyst David Windley. Affirming the rating are the company's acceptable fourth-quarter results, cash collections and 2006 guidance that captured the analyst's revenue and earnings-per-share estimates. Shares of the Miami drug development services company were up $4.25, or 23.57%, at $22.28 on volume of 7,211,380 shares versus the three-month running average of 2,129,670 shares. (Nasdaq: SFCC)
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