Jefferies downgrades Kindred Healthcare (KND -0.4%), Skilled Healthcare (SKH -0.3%) and Sun...

|About: Kindred Healthcare, Inc. (KND)|By:, SA News Editor

Jefferies downgrades Kindred Healthcare (KND -0.4%), Skilled Healthcare (SKH -0.3%) and Sun Healthcare (SUNH -1.8%) to Hold from Buy based on an increasing likelihood that skilled nursing facilities and long-term care hospitals will face multiple years of Medicare pricing pressure, with the overhang keeping shares rangebound for the foreseeable future.